Time to power enterprise digitalization

From smart factories to intelligent collaborations – decision-makers need to provide the right environment for industries to unlock the next level of growth

- NITIN BANSAL

In order to remain competitive, create better experiences and services, increase efficiency and even achieve sustainability goals, businesses need to become connected. This digital transformation can happen through connected devices and products or connected environments like industrial sites.

New opportunities and revenue streams are constantly emerging but to realize the possibilities and bring them to life, enterprises need connectivity that is global, reliable and secure. Internet of things (IoT) and cellular connectivity like 4G and 5G are making things possible that were impossible in the past.

5G a ‘catalyst’ for growth: The telecom industry is spurring the digitalization and growth across industries. The combination of 5G and digitalization creates new opportunities for telecom service providers to build and extend their businesses beyond connectivity. 5G being an innovation platform will enable telecom operators to tap into new revenue streams over time owing to industrial digitalization and enable operators optimize the cost per GB by a factor of 10.

Factories of the future: As the fastest and most reliable connectivity enabler, 5G will deliver an array of innovative use cases to increase factory capabilities and boost agility, freeing operations from wire-dependency. For the average factory, a large part of 5G’s wireless value will come from the fact that attaching cables to every machine and sensor in a factory just isn’t viable. This is where 5G will prove to be a game changer. A wireless environment will also make processes smarter and less static, which is increasingly critical in today’s factories.

Intelligent collaboration