12.19.2022 Executive Data Bytes – How is 5G changing the world?

12.19.2022 Executive Data Bytes – How is 5G changing the world?

Executive Data Bytes

Tech analysis for the busy executive.

Welcome to another edition of Executive Data Bytes! This week, we are analyzing the benefits that 5G can deliver us and how it’s changing our world. 

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Focus piece: “The Impact of 5G Technology on Business and When 6G Will Come?

Executive Summary

Since the first mobile phone call was made in 1973, the mobile industry has seen breathtaking advances. In 2020, many countries started adopting 5G technology, which has increased data usage exponentially. In this article, The Digital Speaker details how 5G technology works and why it will be so valuable for organizations in the near future.

Key Takeaways

  • 5G technology uses higher frequency waves with shorter wavelengths than previous generations of wireless technology and can handle thousands of devices simultaneously. It is also designed to deliver much higher peak data speeds, ultra-low latency, and greater reliability and capacity than previous networks.
  • With 5G wireless, people can live anywhere they wish and have access to high-speed internet. This will help the local economy and connect more traditionally isolated populations.
  • We are seeing 5G used for smart city applications, such as the Alba Iulia Smart City in Romani. The smart city uses 5G for traffic monitors, parking sensors, and waste management systems.
  • As we are still in the early stages of rolling out 5G, companies worldwide have begun developing 6G technology. 6G technology will have faster speeds and lower latency than 5G and provide more bandwidth than 5G.
  • The 6th generation of wireless communication networks, expected to be introduced in 2030, will include significant improvements over prior generations. These improvements will help support advanced technologies such as drones and robots.

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Focus piece: “Demystifying 5G: 2 Reasons It Is Going to Change the World

Executive Summary

Sure, we’ve all heard of (and probably used) 5G, but how much do you know about it? This InvestorPlace article explains why 5G is so much more than “the thing that comes after 4G”.

Key Takeaways

  • 5G is a quantum leap in communications technology that replaces 4G. It operates up to 100 times faster, accommodates a 10X jump in the number of connections, and reduces something called "latency" by a factor of 10.
  • Using today's 4G networks, downloading all eight seasons of Game of Thrones would take three and a half hours. A 5G network could do the job in about two minutes.
  • Next-generation transportation technology will also get a big boost from 5G, including autonomous vehicle technology that can see around corners, look through walls, and anticipate pedestrian behavior.
  • Some science-fiction fantasies have become reality already, thanks to 5G. China's Fujian Medical University conducted the first-ever remote surgery using a 5G connection in 2019.

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Focus piece: “6 Ways 5G is Already Changing the World” 

Executive Summary

Everybody in the tech world is talking about 5G. Many say that this new technology will change the way we use the internet and turbocharge the development of new connected technologies. But what are these technologies, exactly? How is 5G technology benefiting us? This MUO article takes look at what 5G delivers today and what it can provide in the future.

Key Takeaways

  • Half of all North American cellular and mobile subscribers are expected to be covered by 2025.
  • 5G's 20-fold improvement over 4G speeds opens up many possibilities, but it also allows more users to connect to one tower, avoiding network congestion during conventions and mass gatherings.
  • 5G technology has the potential to deliver energy to low-power devices, meaning they can operate without requiring recharging.
  • Every breakthrough technology that delivers increased speeds has allowed us to progress significantly. 4G allowed us to stream audio and video, real-time tracking, and video calls, and 5G will allow us to have the full online media experience and apps.

Let's connect!

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Adam Ginensky, Ph.D.

Associate Director, Risk for AG OTC Structured Products at RJO

2y

Great summary read.

Debbie Reynolds

The Data Diva | Data Privacy & Emerging Technologies Advisor | Technologist | Keynote Speaker | Helping Companies Make Data Privacy and Business Advantage | Advisor | Futurist | #1 Data Privacy Podcast Host | Polymath

2y

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