5G discussions are currently focused on creating a faster network, but the revolution that will happen with 5G, will allow mobile service providers to address industrial applications. Despite the wide agreement that this will likely introduce a wave of new business opportunities, mobile service providers don’t yet understand the technologies, operational models, and culture that 5G will require. They are now trying to understand what end markets need and test new business models, which will mature by the time 5G is fully deployed.
The first half of the presentation outlined current 5G market activities, and what key mobile service providers are planning to do in the initial stages of commercial deployments, mostly focusing on consumer applications and enhanced Mobile Broadband (eMBB). The webinar then covered industrial applications, where the market landscape is very different: connectivity is just a tiny element of industrial technology systems. Operators need to move away from connectivity-centric industrial strategies, otherwise they will find it hard to convince industrial implementers of the value proposition of their products and services.
The webinar also considered the following questions: