Cloud-driven network modernizations, A gamechanger for 5G monetization
5G is a big leap in wireless communications. Picture a 200x bandwidth, ~ 5x lower latency, and 20x faster data transfer than 4G. Moreover, the Enhanced Mobile BroadBand (eMBB) service of 5G supports8k video streaming and high-definition audio transmission. Perhaps, the biggest value addition is the ability to drive advanced mobility services for machines. Massive Machine Type Communication (mMTC) provides high-bandwidth wireless connectivity for industrial-grade applications. Ultra-Reliable Low Latency Communication (URLLC), eMBB, and mMTC converge in Industry 4.0 through the Industrial Internet of Things (IIoT).
While 5G connects assets, accelerates automation, enhances Augmented Reality (AR) and Virtual Reality (VR) systems, and boosts sensing and metering devices, it also enables telcos to boost their revenues via IIoT, robotics, immersive technologies, and M2M communication use cases.URLLC is driven by the 5G New Radio (NR), which utilizes higher frequency bands that enables the transmission of a huge amount of data in real-time. Significantly, 5G mobile coverage can be extended to a large number of devices across cities, business districts, and manufacturing hubs. It empowers mobile network operators to expand their service offerings for retail as well as enterprise customers.
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