What Exactly Is 5G And What Does It Mean For Your Business

2 Mins read

A Telecom management group is saying, Telecommunications are continuously changing, and so are the infrastructures they ride on. The newest generation in cellular technology is 5G. It may be still in its infancy stages right now, but soon enough it will impact your business in a significant way.

Image result for Business

When Is 5G Coming?

Nearly half of the nation will take advantage of the remarkable data speeds 5G offers in less than a decade. At present cities across the country are upgrading their infrastructure to accommodate 5G. As soon as businesses can hop on 5G networks, the amount of work they’ll be able to accomplish in a variety of ways will expand exponentially.

The Current Situation

Currently, cellular networks can’t always handle all of the data needs of a particular company representative. A business that has a cumbersome internet-based platform on which both internal and external operations are accomplished may have a hard time working efficiently in environments where only cellular networks are found. We often find ourselves waiting until we can get back to the office or at a wireless hotspot to access data hog files or multimedia.

The Difference With 5G

With 5G, any data can be accessed from anywhere 5G is found with incredible upload and download rates. This improved speed and capacity mean business developers, PR reps, or individuals that rely heavily on their technology such as real estate agents, or consultants, can work wherever they need to, whether it be in traditional office environments, on the road, or while meeting with clients.

How Does 5G Work?

5G works differently than previous methods. It uses a cloud-based network slicing approach to cellular data. Companies that need more data have the option of paying their carrier a bit more for a larger slice of the pie. This pay for more method significantly decreases response time from seconds to milliseconds. Downloads that take minutes will only take seconds.

The Internet Of Things

The consequences are also significant for technology manufacturers specializing in the Internet of Things (IoT). Smart appliances can get a whole lot smarter and communicate in faster, more complex ways thanks to the robust nature of 5G. Currently, about 8 billion devices are connected to IoT. These numbers will more than double in just a few years thanks to 5G.

Implications For Retailers

For retailers, 5G will significantly increase a company’s ability to market their product or service. Customers will experience lightning fast load speeds for retailer websites, and the nature of those websites can become much more data consuming and complicated with virtually no obstruction encountered by the customer user. Retailers can create a more interactive experience for the customer that makes online shopping incredibly simple, fast, and frustration free.

Because it works on a different frequency than 4G, the switch to 5G will be costly, cumbersome, and slow going. While your business is waiting for 5G infrastructure to come to your area, you can begin preparing by educating your company on the nature of 5G. Work with 5G consultants to get your business ready to make the jump, and kick off operations in a 5G world as soon as it becomes available. 5G will also improve the way we use telecom expense management as well, helping any growing business.

Related posts

Fullerton India raises Rs 500 cr via masala bonds

2 Mins read
Singapore sovereign wealth fund Temasek-owned Fullerton India Credit Company Ltd (FICCL) has raised Rs 500 crore through masala bonds to support business…

DHFL, LIC Housing, Manappuram Finance, L&T Finance hit record highs

2 Mins read
Dewan Housing Finance Limited (DHFL), LIC Housing Finance, Manappuram Finance, L&T Finance Holdings, GIC Housing Finance and Indian Hume Pipe were among…

Ujjivan Financial Services to use biometric ATMs

1 Mins read
CHENNAI: Ujjivan Financial Services, which is one of the 10 entities to get small finance bank (SFB) from the RBI, on Thursday…

Subscribe to our mailing list to receives daily updates direct to your inbox!