202214 Jan

Private 5G is coming soon to a business near you

Summary

A new study recently published by Economist Impact in partnership with NTT, surveyed organizations around the world and uncovered that more than half of them plan to deploy a private 5G network within the next six to 24 months. The respondents came from various industries in Germany, Japan, the UK, and the U.S., and they included automotive and manufacturing, energy, health care, pharma, retail, and logistics. Even the smallest hiccup in the wireless network can cost millions of dollars, which is why the verticals listed above have historically stayed away from Wi-Fi, which can be flaky at times. Sixty-nine percent of the respondents said network security was not being addressed by their current connectivity and communications platforms, making it a top concern for organizations across countries and industries. I believe the two to be highly complementary with Wi-Fi continuing to be the wireless standard of choice for general use cases and 5G when guaranteed, reliable connectivity is needed.

Source: Zdnet

Classifications

Companies