What Can 5G Do For Business: Enterprise, Industry and Transportation
5G is upon us and businesses are embracing this new technology — not just for their workers but also their customers. The future of 5G promises to enable a whole new set of applications that can transform business efficiency, effectiveness and customer experience at Cohere.
Companies large and small are rethinking the role of 5G in their operations, from sales forecasting to supply chain management to product delivery. Factory floors with dozens or hundreds of robots will use artificial intelligence (AI) in combination with low-latency networks like 5G to adapt machines in real time based on what’s happening across physical locations. Sensors embedded inside smart products will alert manufacturers when it’s time to replace parts before they break down, while sensors around buildings will predict when equipment maintenance is needed. Vehicle-to-vehicle and vehicle-to-infrastructure communication will enable self-driving cars to create dynamic roadmaps for traffic flow, ensuring that travelers get from point A to point B in the most efficient way possible.
The future of 5G networks promises to change how we interact with our world at home, in the office and on the road. For example:
Enterprise: As companies move toward leveraging augmented reality (AR), virtual reality (VR) and Artificial Intelligence (AI), they’ll need ultrafast networks that support low latency as well as high throughput. Enterprise applications are already starting to use machine learning algorithms where AI systems can work through large amounts of data in real time. 5G networks will have the necessary speed and latency to support this type of complex AI processing at scale across a distributed enterprise infrastructure.
Industry: As industrial applications move away from centralized, on-premise approaches towards cloud-based and software as a service (SaaS) models, ultrafast connectivity becomes critical. The ability to access data in real time anywhere within an organization is becoming increasingly important for enterprises that need information to make fast decisions based on trends traced across global operations. Through edge computing, 5G can bring intelligence closer to where it’s needed while also decreasing network latency to near-zero levels — making smart response times possible without relying solely on high performance compute centers or remote servers.
Transportation: The smart transportation ecosystem is quickly moving towards digitization. With intelligent roads and connected cars, vehicles will be able to communicate with each other as well as with the infrastructure to make traffic flow smarter and more efficient. Additionally, vehicle-to-vehicle communication allows self-driving cars to communicate with one another and react accordingly to avoid accidents — even those that may not have been caught by a human driver’s senses or intuition. 5G networks will provide nearly instant response times for these autonomous vehicle interactions while also enabling real-time communication between drones, ground robots and unmanned vehicles of all kinds in an efficient way.
5G promises to significantly increase performance across all industries so businesses can continue innovating at every level. This technology doesn’t just mean faster downloads, smoother streaming and more seamless communication — it stands to change how we interact with our world across all industries as these ultrafast networks scale up to meet the demands of businesses around the globe.