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Impact of 5G technology in businesses

Impact of 5G technology in businesses

In recent years we have seen the recent developments in technology and its direct impacts on companies. Companies, no matter how small, can compete with market giants thanks to new technologies. One of the promises for the near future is 5G technology! 

The mobile market has grown a lot in the world and it is no different. The fifth generation of mobile telephony promises to bring us much more speed, flexibility and increased productivity. In this article, we will demonstrate what to expect from 5G technology and what will be the main impacts on companies' IT sector.

What is 5G technology? 

The 5G technology is the most advanced generation of Internet networks used by mobile devices and data transmission. 4G and 3G are earlier models. However, with the digital transformation, improvements in this direction are sought at all times and 5G is the result of this process. With the new standard, the connection on cell phones and tablets should be faster, expanding the range of options for using these devices. There is still no forecast for the implementation of the novelty, but the proposal is that some operators are selected to offer this service soon. 

But what are the benefits brought by the improvement in the mobile network with 5G? That’s what we’ll see next. Check out!

What will be the speed of the 5G frequency?

 Estimates are that 5G technology, at its maximum potential, reaches the download speed of 10 gigabits per second, which would be a 10 times greater increase compared to the 4G network, which reaches 1 gigabit per second. To better illustrate how this will work, The Wall Street Journal did a simulation, in which to download a 1-hour playlist on Spotify with 4G it took about 20 seconds, with 5G this time would be reduced to 0.6 seconds. 

Likewise, the latency, or response time between the moment the user makes a request and the network responds, will also be lower. The goal is for this time to be 1 millisecond, which is essential for the communication of other objects, such as autonomous cars, and for performing remote surgeries.

Changes in the business in the arrival of 5G

If we think about it, all the evolution of the internet generation brought some kind of change to our routines, both personal and professional. For example, 3G allowed the internet connection on mobile devices, which enhanced the technological development of smartphones. 

4G provided a better connection quality and, thus, boosted the development of the mobile applications we currently use, which have profound importance in our organizational actions. After all, being able to use the instant chat tools made information exchange much easier, especially for those who are working remotely, right? The arrival of 5G technology will not only allow, but also, encourage companies to invest in innovation. After all, it favors the adhesion, for example, of the Internet of Things (IoT) and other technologies that will come to revolutionize the way we deal with our daily lives in organizations.

So, for example, a company can: 

  • Collect data in real-time, making it easier for information security experts to intervene more quickly in the event of a cyber-attack; 
  • Improve the relationship with the customer, allowing closer monitoring of the purchase process; 
  • Assist in making more accurate decisions.

Other improvements that your business may have with the adoption of 5G, making it more strategic, are: 

  • Improvements in services that are already implemented today, such as cloud technologies, which can be accessed more easily from any device, even the most robust solutions. Thus, there will be no problems with slower connections or that do not support the system.
  • Better quality video calls. In the pandemic of the new coronavirus, we realized the importance of this type of possibility, since we need to make a series of video calls to make meetings with physically isolated people.
  • Remote contractual resolutions, with the possibility of speeding up contract signature processes, mainly with the use of Digital Certifications.
  • Creation of more robust applications for customers, related to the company's core business, since the connections will support more complex solutions with more resources.
  • More creativity for the development of services and ways of entrepreneurship, since they will open up new possibilities for innovation.

Thus, it is not only faster navigation that this evolution provides, but also significant changes. Many will switch from the fixed connection, which currently exists, to the mobile connection, which may be a substitute for broadband. It is important to note that, to adapt to the new times, it is essential that the devices are compatible with 5G technology.

Therefore, it is essential that managers who wish to take advantage of the benefits as soon as possible define an implementation plan. This process will require investments and resources for this purpose.