5G-enabled Enterprises: Shaping a Connected Digital and Business Ecosystem
As technologies such as AI/ML, IoT, and RPA assume a more critical role in how organizations function, leaders are realizing that the existing state of mobile technology is inadequate. Enter 5G. 5G enables a level of hyper-connectivity that can support operational intelligence, unlock vast growth opportunities, and significantly reduce the time to value. Naturally, most industry players are keen to dive in. In fact, a study predicts that the 5G service market size will be worth $249.2 billion by 2026, up from $53 billion in 2020, growing at a CAGR of 29.4% in the forecast period.
5G networks can connect most industrial components such as plants, factory equipment, sensors, smart devices, cameras, and even vehicles, drones, and robots. 5G outpaces 4G by nearly 100x, is considerably more versatile, and offers lower latency and greater bandwidth. With 5G technology, enterprises can undertake ambitious digital transformation programs that can set them well ahead of the curve.
Why 5G is the Right Choice for Future-Facing Enterprises
Today, the thoroughly digitalized business paradigm of cyber-physical systems demands a much greater scale of connectivity. As the number of devices and touch points introduced to the enterprise landscape increases, the use cases of the application of 5G are also growing increasingly diverse. These use cases span smart factories and cities, autonomous vehicles, sporting operations, broadcasting, transportation and logistics, and quality control, among others. This means, the scope of connectivity and intelligence is also growing rapidly.
It is fair to say that 5G connectivity is a key enabler of the era of “internet of enterprises” that will be heavily reliant of data-driven insights and real-time decision making. It will play a telling role in reshaping the business ecosystem through revisited processes, working models, and long-term digital strategies. Imagine a factory floor with hundreds of different tools and machines that are no longer being manually operated; instead, 5G connectivity and IoT are enabling robust automation of operations through wider coverage and ensuring higher reliability and safety, improved outcomes, and lesser energy consumption. And that is not all.
5G will greatly aid the holistic digital transformation of businesses, meaning that it will play a direct role in adoption of a mélange of emerging technologies and bringing them to the mainstream of outcome-oriented operations. 5G-enabled enterprises can unlock at scale the value of such technologies such as AR/VR, advanced analytics, and cloud computing. In fact, 5G will help enterprises have a much greater geographical presence and distributed operations through edge computing, advanced routers and switches, and overall business enablement.
Building 5G-Enabled Enterprises through Strategic Partnerships
It is not a simple matter to build a 5G-powered enterprise. In their quest of end-to-end 5G enablement, enterprises can sometimes face serious challenges by trying to make the transition in house and all on their own. In-house teams are costly and may also lack requisite expertise and experience to deliver the cutting edge required for a seamless shift to 5G. A smooth transition to 5G demands in-depth knowledge of various emergent technologies, future-facing innovations, and compliance and security needs.
It is therefore important for enterprises to leverage the expertise of technology specialists who deeply understand the connectivity space. This includes knowledge across multiple elements such as designing and development of 5G-supporting devices, testing and integration of systems, edge computing, and wireless software networking. A specialist partner will be able to craft suitable strategies that factor in the existing infrastructures of the enterprises, their IT and business goals, and their specific design, development, and integration needs.
A technology expert can help organizations build a truly interconnected enterprise ecosystem by:
- Designing, developing, and deploying 5G devices
- Identifying the spectrum for the network
- Creating and maintaining 5G infrastructure
- Providing equipment and cells
- Developing private networks and O-RAN
- Testing and system integration
Forging a partnership with the right technology expert can help enterprises make the most of 5G and use it effectively to drive differentiation and meaningful growth.
Building a Resilient Future of Enterprises with LTTS
LTTS has been a trusted technology partner for some of the world’s foremost enterprises on their journeys from manual processes to automation, and now to connectivity and intelligence. LTTS’ diverse capabilities and outcome-oriented approach have made us the clear choice of knowledge partners for future-facing enterprises.
LTTS’ 5G offerings are aimed at building resilient and agile enterprises that thrive on hyper-connectivity and networking. These industry-agnostic services address the 5G device, infrastructure, edge computing, and wireless software networking, and testing and validation needs of enterprises.
Here are some of the notable benefits of LTTS’ 5G offerings for enterprises:
- Faster deployment of 5G-supporting devices that are cost-effective and ready to use
- Reduced dependence on hardware with edge and cloud networking
- A 360-degree coverage of factory automation
- Faster time to value with access to ready-to-use reference architectures
- Enhanced user experience
LTTS sees 5G as an enabler of truly transformative, sustainable change. With LTTS’ cross-domain expertise, a highly skilled team of connectivity and networking specialists, and an extensive partner ecosystem, LTTS can deliver service excellence through the intelligent use of technological innovations to help enterprises of every size and stripe achieve their business goals.
Click here to know more about LTTS’ enterprise 5G offerings and how they are different to what is available in the market.