Bengaluru – October 22, 2019
Infosys Knowledge Institute (IKI), the global thought leadership and research arm of Infosys, today unveiled its market research titled, ‘State of 5G – The Road Ahead’. The research was aimed at gathering insights around the current state of 5G adoption and identifying current and future initiatives that can serve as a guide for business and technology leaders across enterprises in their 5G digital transformation journey.
For this research, Infosys surveyed 850 senior executives representing firms from 12 industries, with annual revenues over US $1 billion across US, Europe, UK, Australia and New Zealand. The study gathered empirical evidence to show how mass machine communication is expected to be the most transformed application with 5G and why data security emerges as the most critical barrier to its adoption.
Nitesh Bansal, Senior Vice President and Global Head, Engineering Services, Infosys said, “5G holds significant transformation potential for both network providers and enterprises that will consume it. For network providers there are significant opportunities for network virtualization, AI and automation, while considerably lowering associated costs and enhancing delivery of network-based services. For enterprises, on the other hand it unlocks significant value with the addition of use cases that were not possible without low latency and high bandwidth network coverage. Through our research, ‘State of 5G – The Road Ahead’, we are looking to present a comprehensive view of the adoption and barriers in implementing 5G. The research also highlights relevant use cases that will serve as a ready reckoner for businesses looking to explore new opportunities in the 5G space.”
For a full copy of the report, please visit: https://www.infosys.com/services/engineering-services/insights/state-of-5G-road-ahead.html
Infosys conducted independent interviews and web surveys, the report of which presents a holistic view of 5G adoption. A total of 850 senior executives – including 30 percent C-suite executives and over 1000 employees comprising 53 percent business users and 47 percent IT users representing firms from numerous industries, with annual revenues over US $1 billion across the US, Europe, UK, Australia and New Zealand, participated in this survey. The respondents were grouped into six industry clusters: FSI (Financial Services & Insurance), HLS (Healthcare, Lifesciences, Government and Agriculture), MFG (Industrial Manufacturing, Automotive and Hi-Tech), CMT (Telecom and Media & Entertainment), E&U (Energy & Utilities), CRL (Retail, Consumer Goods, Services and Logistics).
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.
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