Just like the move from 2G to 2.5G meant a faster wireless connection before 3G came, so does the move from 5G to 5G-Advanced or as Huawei calls it, 5.5G. The move from 4G to 5G was supposed to increase speeds and decrease latency, which is the delay on the network. It did that. Now, the move to 5G Advanced means even faster speeds and even better latency. This is not a move to 6G yet, but it does crank 5G up to the next level. This is a real growth opportunity.
Nokia says 5G Advanced is the next evolutionary step in 5G technology. It will bring a new level of enhanced capabilities beyond connectivity and enable a wider set of advanced use cases for verticals. It will support advanced applications with enhanced mobility ad high reliability as well as Artificial Intelligence or AI, machine learning or ML and more.
Huawei is the technology behind the East-West Gate or EWG railway terminal project in Hungary, which represents the first time 5G and AI have been used in the European railway industry. This is a great example of the enormous growth opportunity ahead, worldwide for company after company in industry after industry.
Verizon, T-Mobile, AT&T and more update to 5G Advanced
This new growth opportunity is opening up for every company in the wireless networking space including Qualcomm, Huawei, Ericsson, Nokia and others.
Like with everything else, some companies will do better than others.
Wireless networks are always being updated and upgraded for competitive reasons.
We have seen networks in the United States like Verizon Wireless, T-Mobile, AT&T Mobility, US Cellular, C-Spire and countless smaller wireless carriers continue to do this over time.
We have also seen the same growth opportunity all over the world.
These networking giants work with wireless service providers to continually update their operations and remain competitive in a changing industry.
Private wireless means Juniper Networks, Betacom, Federated Wireless
Yesterday, equipment from these companies were typically used by wireless carriers. Today, the area of private wireless is opening an entirely new and expansive market area.
Private wireless is becoming a real growth opportunity for the industry. Competitors in the space include, but are not limited to Qualcomm, Betacom, Celona, HPE, Cisco, Juniper Networks, Federated Wireless, NTT, HPE, Ericsson, Cradlepoint, Nokia, Intel, Samsung, Amazon AWS and more.
Also, companies in non-wireless industries are now starting to use 5G technology to transform the way they do business. Think industries like healthcare and medical, airports, colleges and Universities, automotive with self-driving cars, and other connected technologies, retail, travel, manufacturing, warehouses and so much more.
5G Advanced or 5.5G is transforming non-wireless companies
These enterprises are integrating 5G into their operations to gain a competitive advantage. This is working. However, it does not stop there.
As early adopters gain a competitive advantage, their competitors generally jump in and follow them into this new area. After all, that is the only way they can remain competitive.
Then, when all competitors use new technology like 5G to transform their position, all of a sudden everything in their world has changed.
Some do a great job implementing new tech like 5G. Others don’t. Too many simply add 5G to their operations in hopes of keeping up with the competition, but simply cannot make it happen.
So, it’s not just a matter of using new technology to automatically transform a business and increase profitability and their competitive position.
Instead, it requires having the right people and the right core corporate strategy to use 5G wireless to successfully transform and improve operations.
Any way you slice it, the wireless growth opportunity is huge moving forward. It is just different from what we have experienced in the past.
The challenge for every enterprise is understanding the opportunity of action and the risk of inaction.
