The Evolution of Tech in Business: 5G Impact

Aug 31, 2024

5G Technology and Its Impact on Business

Introduction

  • Overview of Ted's journey with technology in his beverage company
  • Growth from 1G to 5G and its significance

Early Years with 1G

  • Ted's first phone: Bulky handset for voice calls
  • 1G technology was sufficient for initial business needs
  • Focus on customer satisfaction led to dedicated support team

Transition to 2G

  • Upgrade to faster phones with text messaging and multimedia services
  • Customer loyalty as a priority

Expansion and 3G

  • Ted diversified into soft drinks, coffee, yogurts, etc.
  • Need for better data transmission for growth
  • 3G technology introduced, improving customer outreach and issue resolution

Embracing Online Business with 4G

  • Shift to online selling due to internet boom
  • Increased business data generation
  • 4G technology adopted, enhancing multimedia services and speed

Discovery of 5G

  • Ted's realization of the need for faster and more reliable connections
  • 5G operates up to 10 times faster than 4G (peak speed of 20 Gbps)
  • Potential to use robotics and AI for manufacturing processes

Technical Aspects of 5G

  • Information transmission via radio frequencies
  • 5G uses higher frequencies, multiple input/output antennas to enhance communication
  • Components:
    • Radio Access Network: Small cells, macro cells, towers
    • Core Network: Manages internet/data connections, integrates advanced features like network slicing
  • Network slicing allows specific applications (e.g., emergency services) to function independently

Applications of 5G

  • Enabling more IoT connections with less latency
  • Potential for remote care and surgery
  • Revolutionizing public safety and expanding the gaming market

Industry Developments

  • Samsung and Qualcomm achieving 5G download speed milestones
  • Companies like Apple and Xiaomi rolling out 5G phones
  • Predicted growth in 5G subscriptions (1 billion by 2022)

Conclusion

  • 5G plays a crucial role in the future of businesses
  • Engaging audience with a question about 5G components
  • Reminder to subscribe for more technology trends

Interactive Quiz

Question: Which component of 5G manages network function virtualization?

  • A) Core Network
  • B) Radio Access Network
  • C) Radio Access Network and Core Network
  • D) None of the above
  • Engagement with audience for answers and potential rewards.