- In this event, Dr Poramate from True Corporation has shared with us the introduction of 5G network for cultivating new growth.
- Mr Anurag from SGM Analytics has covered and provided us with some insightful information on the importance of 5G for enterprises.
January 15, 2020: We are pleased to have the opportunity to co-host this event to introduce the shift from 4G to 5G and how to optimise data in the hyperconnected world with True Digital Park and SGM Analytics on 15th January 2020 (Wednesday) at True Digital Park, Bangkok, Thailand.
Below is a quick summary of what has been discussed during the event.
5G (the 5th generation) has started to hit the market and expanded to at least 34 countries worldwide. With 5G deployment expected to take off this year, it’s crucial to get everyone educated in this aspect as we are moving forward together with such advanced technology.
Other than having improved speed, latency and connectivity, 5G is expected to unleash a massive IoT (Internet of Things) ecosystem to get all communication needs to be served in one place via multiple of connected devices.
Generally speaking, 5G is believed to be smarter, faster and more efficient compared to 4G. Dr Poramate also briefly mentioned a few differences to be noticed between 4G and 5G.
Dr Poramate explaining what 5G is
First, with speeds of up to 100 gigabits per second, 5G is set to be as much as 100 times faster than 4G. Second, latency also plays a role in differentiating them – latency referring to the time passes, starting from the information being sent from a device until to the point where the information can be used. Reduced latency means one can replace the cable modem and Wi-Fi with mobile device connections. The ability to download and upload files quickly and easily without worrying about network connections and unexpected crashes will put everybody’s mind at ease. In this scenario, uninterrupted and fast connectivity plays a role in differentiating both 4G and 5G as well.
Mr Anurag introducing himself and SGM Analytics
Once the audience has a better understanding of what 5G is, Mr Anurag managed to help us grasp the concept of how it can be applied in businesses. 5G might still be a little bit tricky to pin down, and it’s full arrival will take some time. However, one thing that we can’t deny is that it will no doubt impact your business.
Here are a few benefits and some memorable quotes mentioned by Mr Anurag during the event:
Benefits:
- Able to work remotely despite wherever one is located
- Increased user-end speeds the network will be able to deliver
- File sharing and communication capabilities will be delivered via lighting speed
- 5G serves as enablement as the Internet of Things (IoT) continues to grow and expand
- Able to transform traditional industries with a vast of opportunities provided by the powerful network
“If you only want 5G for speed, do not go for 5G. 5G is for differentiated services.”
Mr Anurag explaining the potential possibilities with the combination of 5G together with both AR and VR
“Data privacy is a two-way street – In order to get better services, you have to disclose some data.”
Mr. Anurag answering some of the questions from the audience
“Responsible organisations care about the data of their customers as close as they guard their customers. SGMA is a responsible player in this area.”
In conclusion, 5G is going to continue to launch around the world. Understand that many have provided the infrastructure required to carry huge amounts of data that allows for a better and smarter connected ecosystem. Mentioned by Mr Anurag earlier, to have more data, one has to share whatever data one has to obtain a new set of data that provide new opportunities. There is no doubt that everyone is anticipating what and how 5G can transform our lives to a greater extent.
About BlackStorm Consulting
BlackStorm Consulting is a boutique growth consultancy firm that specialises in corporate strategy, profit management and investment management. We mainly serve clients in four sectors: FinTech, Gaming, Technology, Media and Telecommunications (TMT), and manufacturing.
Our clients and connections are internationally present and range from small and medium sized businesses, MNCs, to government agencies.
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