5G and the value it adds to your Business

We have heard about the infamous 5G network and the dispute between Huawei, one of the leading Chinese tech giants on 5G and the United States. But what exactly is 5G and what value will it add to the Business community? Well if you want to know, keep on reading this post.

What is 5G?

5G is the next generation of wireless networks which will be able to handle 1000 times more traffic and can reach speeds up to 100 times faster than today's wireless networks. 5G is much faster and reliable than today's 4G network that it could become a platform for all the services which could revolutionize the technology. 5G networks will be about 100 times faster than 4G networks on average, meaning you could download Avengers: Endgame in the time it takes Thanos to snap his fingers. Latency could be as low as 1 ms, compared with 50 ms for 4G.

a man holding city with his palm- 5G network innovations

5G Features

While everyone is talking about the speed of 5G, let's take a deep dive into some of the features of the 5G network.

 

1. Speed

We all get frustrated when our internet speed slows down. But with 5G, which is assumed to be 100 times faster than the existing 4G networks, such days will be gone. To be more specific, 5G may offer speeds as fast as 10GB/s. 

 

2. Reliability

5G is expected to be super reliable- the calls or the connectivity won't be dropped which will allow users to use this network in some critical use cases such as using the 5G network to perform a remote surgery via a robot and self-driving connected cars.

 

3. Improved Battery Durability

With lightning fast speed and reliability, many assume that 5G will be a voracious power consumer. But it's actually the opposite;5G is expected to extend the battery life of devices by up to ten times.

 

4. Improved Capacity

5G will have greater capacity. It will be able to handle many applications all at once from self-driving cars, Alexa to other IoT devices for virtual reality experience and HD video streaming. 

 

5. Reduced Latency

The 5G network will have lower latency rate compared to its predecessors. We will experience much fewer delays or lags when we use our phones and the devices connected to the network. Latency rate for 4G is about 50 milliseconds while the rates for 5G is expected to be 1 millisecond or even less.

Value it adds to the Business community

The features mentioned above can bring lots of value to the business community and can change the way we do business. Let's check out some of the benefits of 5G that it can bring to the Business world.


1. Lower costs

5G networks will lower the overhead cost that the mobile operators bear by moving from hardware to a software-based network and can save a lot of money. Those savings can be passed on to the customers.


2. AR/VR (Augmented Reality / Virtual Reality)

The augmented and virtual reality applications that 5G is expected to support could have significant applications in various industries –, particularly retail, property, entertainment, gaming, manufacturing and tourism. ABI Research estimates that the AR and VR market will reach $100 billion by 2020


3. Remote working

Although remote working has been a thing for quite some time, we still get obstructed with our shitty internet connection. With 5G, it will not only improve our internet connection but can take remote working to new heights. For example, AR and VR can make such conference calls and remote meetings feel like you are in the same room. We here at Hamro encourage remote working and would love to see this technology grow. To join our remote working platform, sign up here. 


4. Flexible office spaces

5G network will bring buildings to the world of smart technologies. These 'smart buildings' will have small radio sensors that will monitor occupancy, lighting and temperature.


 CCTV footage of those office spaces will be able to be streamed live to mobile devices. All in all, this will help provide more flexible, efficient, secure and ultimately cheaper workspaces for small businesses to operate in.


5.Easier commutes

 Smart and automated transport, finally enabled by a stable and fast mobile network, will ensure that there’s significantly less time wasted commuting. Even while using this more efficient transportation, speedy mobile connectivity on public transport will enable employees to work more effectively during commutes and other out-of-office travel.

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