“Įxperts believe that 5G has the potential to bring small and medium-sized businesses on par. He cites the example of “companies like Taqtile (a technology partner of Capstone) developed a class of AR tools that anyone can use to easily collect the data needed to perform a task. Proithis agrees, saying that high data speeds and low latency enable a class of AR applications that can significantly reduce employee training time while increasing the quality of knowledge transfer.
“5G technology can increase the performance, efficiency and safety of employees,” says Hays. In addition to operations, 5G also benefits employees, say experts. 5G and augmented reality to increase employee efficiency “The more efficient connection enables doctors and first responders to collaborate that can end up saving lives,” said Nick Cherukuri, founder and CEO of ThirdEye Gen, an augmented / mixed reality company that uses 5G to connect field workers and first responders with them to connect back to the base. “Īnother example is healthcare, which is making a big impact with the adoption of 5G. This includes factory and warehouse automation or perhaps intelligent traffic flow monitoring for large cities and major events. This in turn can be transferred to intelligence and automation for routine tasks.
Given the operational advantage of 5G, Hays said, “5G may provide a way to improve operational performance and costs through improved connectivity, higher speeds, and lower latency. “5G technology offers a tremendous opportunity for transformation, especially in three areas: operations, employee experience and customer experience,” Daniel Hays, Principal at PwC, told Digital Trends.
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“Back then, the internet seemed like a big deal, but nobody really understood how to use it as a business tool.” 5G in operationĪccording to experts, the increasing pace of 5G adoption has some obvious advantages for companies in all growth phases. “5G today is a bit like the internet twenty years ago,” he adds. “If you asked a random person how 5G affected them, they will most likely tell you that their battery won’t last that long!” Says Allen Proithis, CEO of Capstone Partners, a company that, among other things, produces 5G applications for the US Department of Defense. In fact, some experts believe that 5G has a lot more potential for businesses to use than everyday consumers. But despite stumbling blocks, even companies (both large and small) are diving into the world of 5G connectivity to experiment with new business models. The personal use of 5G has been a much-researched topic in recent years, as has the uncertain pace of 5G adoption in the US.
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