The pace of innovation has never been this fast, yet it will never be this slow again. To wit: Telephone took 75 years to reach 50 million users, Internet took 4 years to reach the same number and Pokemon Go reached 50 million users in just 19 days.
Welcome to the Digital world.
Networks are the heart of accelerating this pace of innovation. Explosive growth of web scalers, trillion-dollar FANG’s market cap, uberization of economy, rise of the OTT, growing mobile video consumption can all be attributed to the continual evolution of networks. 5G is poised to accelerate this even further and deliver innovation on steroids.
5G Use Cases
5G will accelerate innovation for a broad set of industry verticals, including Media, Entertainment, Healthcare, Agriculture etc., each with its unique requirements and use-cases. Broadly,5G use-cases are classified into three buckets: eMBB (Enhanced Mobile Broadband), MIoT (Massive IoT) and uRLLC (Ultra-Reliable Low Latency Communication).
Each of these use cases will put different demands on the network:
5G is changing the network’s anatomy. With 5G, network can be arranged into different slices catering to diverse needs of applications and content. One physical infrastructure yet multiple different arrangements. Never before have networks had such flexibility, agility and programmability. To achieve this, three key pillars driving innovation for 5G networks are:
5G network will be completely cloud-native, software defined, dis-aggregated delivering unprecedented agility. SDN/NFV will be the bedrock foundation for 5G. Best-of-breed solutions will dominate 5G networks and will enable CSPs to aggressively bend their cost curve. Today’s networks connect 5 B people on the planet, ~ 70% of the world’s population. We still have to solve for connecting the unconnected 30%. Technologies developed out of 5G will play a key role in solving this.
Like Cloud, 5G will enable industry verticals with new self-service DIY on-demand service models that will allow them to dynamically request network capabilities and resources that best meet the end application needs. With 5G, network can be sliced and differentially priced. Network Slicing automation and assurance will be the new paradigm. New charging models and business models will emerge to comprehensively enable IoT and Digital Transformation. This in turn will necessitate holistic transformation of BSS/OSS systems.
5G – An Innovative Platform
5G is much more than just the network infrastructure. 5G will be an innovation platform that will present unprecedented opportunities and challenges to every industry vertical. Those who prepare well to understand 5G capabilities will greatly benefit by delivering unprecedented experiences to their end costumers, disrupting the marketplace and create strategic differentiation for their business. Others run the risk of being left behind and being disrupted.
For instance, here are some examples of how 5G can potentially transform the Media and Entertainment industry:
5G presents unprecedented opportunities for innovation and for developing strategic business differentiation. Only our imagination will be the limiting factor. Programmable networks coupled with Edge Computing facilities and IoT will enable industries to massively transform their business and to deliver rich, immersive experiences to their customers.
Tech Mahindra has geared up to deliver on the promise of 5G. These are exciting times for all of us with so much to transform, so much to collaborate and so much to innovate!
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