5G to spark new wave of business opportunities

Will propel industries towards untapped potential

ISLAMABAD:

The commercial use of 5G (fifth generation) technology will herald a new era of seamless connectivity, empowering individuals and propelling industries towards a future of untapped potential.

With its transformative capabilities, 5G is set to revolutionise the way people connect, while simultaneously triggering a wave of extraordinary business opportunities, particularly in the realms of the Internet of Things (IoT), sensing and advanced manufacturing.

IoT, which connects an ever-expanding network of devices, will flourish under 5G’s enhanced capacity, reliability, and low latency, enabling industries to harness data-driven insights, optimise operations, and create intelligent, interconnected systems that drive efficiency and innovation.

Sensing technologies, utilised in fields such as environmental monitoring, healthcare, and smart cities, will also get a significant boost from 5G.

At the Mobile World Congress in Shanghai, Huawei’s Rotating Chairwoman and Chief Financial Officer Sabrina Meng in her address said “5G has been in commercial use around the world for four years now. It’s driving new value creation, and 5.5G is the next step forward.”

“Science and technology are moving towards large, complex systems. This requires matching technology to specific scenarios and performing systems engineering to pave the way for 5G’s ongoing success.”

“For consumers, 5G, cloud, and AI have set off a chain reaction, creating an environment where all buyers can also be sellers. For industries, 5G has become a new driver of productivity.”

Published in The Express Tribune, July 5^th, 2023.

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