It has been roughly three years since 5G started its rollout around the globe. Now, AI, Chatbot technology and cloud computing are being commercially applied to this wireless world in different industries. For example, Huawei 5G technology is behind the East-West Gate (EWG) railway terminal project in Hungary. This represents the first time 5G and AI have been used in the European railway industry.
Huawei recently conducted a field trip to Hungary to showcase this digital transformation and the innovation practices of themselves and their partners.
Also, Huawei and the United Nations Industrial Development Organization or UNIDO jointly announced the establishment of the AI Industry and Manufacturing Alliance.
Huawei, UNIDO introduce AI Industry and Manufacturing Alliance
They showed how 5G and AI helps build safer, more efficient and smarter railway terminals, which improves productivity and brings this established industry into the new century.
They pointed to benefits like increased productivity, energy conservation, fewer faults, how 5G creates social value by improving the work environment and providing skilled jobs to young workers and more.
They showed how this kind of digital transformation will help not only Hungary, but other European countries as well.
Pulling the camera back, we can see how wireless is becoming a core building block for the future for every country and every industry around the world. This technology represents the foundation of the new economy.
5G and AI lets other industries both modernize and transform for the future. These core technologies are enabling new ideas and new thinking to enter the marketplace.
Huawei helps EWG railway terminal in Hungary modernize with 5G and AI
In recent years, we have witnessed how 5G and wireless is transforming industry after industry like healthcare, automated driving, retail, travel, airlines, hotels and so much more.
And this EWG railway project is just one example of many on how 5G wireless and AI can transform an industry.
This is a brand-new opportunity for the larger railroad industry, and in fact every other industry as well.
You see, 5G and AI are not only transforming the rail industry, but they will make it more efficient and more effective. The same thing applies to other industries, both for their commercial customers and individual travelers.
5G and AI transforms industries making them more efficient, effective
Over time, things have changed. Yesterday, in the landline world we called a place and asked for a person. Today, we call the person, wherever they are, regardless of location.
We have completely inverted the entire communications experience. And we are still in the very early stages of this transformational revolution.
This is the revolution that Huawei sees happening around the world. And that is the enormous growth opportunity they see ahead of them.
In fact, this same growth opportunity and challenge is there for every other competitor in the wireless industry and every other industry as well.
5G and AI are major growth opportunity for wireless industry
That means smartphones, tablets, 5G networks, and so many other exciting new technologies bring new ways to do business, communicate, track everything and empower growth.
And the marketplace continues to expand. Yesterday, we only had one wireless device. One connection to the network.
Today, things are very different. Today, whether for personal use or business use, we all carry many different devices including smartphones, tablets, earphones, computers, medical devices, scanners, inventory control and countless others both for consumers and business.
This represents multiple connections to the network for every customer, on both the business side and the consumer side. All these must be continually managed, controlled and synchronized.
As 5G and Artificial Intelligence continues to impact and change the world, this represents an enormous growth opportunity for wireless companies worldwide.