IoT and 5G key factors of competitiveness for companies

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The IoT, engine of digital transformation!

The Internet of Things (Iot), the backbone of the digital society, seems more than ever to be at the heart of the digital transformation of companies. The latter evolve their offerings and offer new products and services associated with the rapid expansion of big data and artificial intelligence (AI). This is evidenced by the 2019 report of GSMA - an association representing nearly 800 mobile phone operators and manufacturers worldwide - which predicts that the number of Iot connections (cellular and non-cellular) will triple by 2025, reaching a record 25 billion connections.

The Iot being at the heart of the digital transformation of industries (industry 4.0, predictive maintenance, autonomous vehicle, smart cities, agritech, augmented health, smart campus, home automation...) this true digital love story has everything of an idyllic relationship. By connecting appliances, buildings, machines, vehicles and goods, from simple appliances to entire cities, the Iot is already simplifying the lives of millions of people and showing thriving prospects. So much so that a IDC study estimates global spending in this sector at $1.2 trillion by 2022.

Machina Research estimates that revenues generated by the Iot are expected to reach nearly $3 trillion by 2025 at the global level. The Iot structurally changes the business models of companies. Customer expectations are changing, with a strong demand for customization and automation.

5G, the engine of competitiveness for businesses.

That’s why 5G, the next generation of mobile communications, is a transmission technology more capable of meeting the needs of every Iot application. The current 2G, 3G and 4G networks are no longer up to the task, not meeting the required needs. Knowing that by 2024 – according to data from the manufacturer Ericsson, in its 2018 "Mobility report" – the mobility market is expected to represent the equivalent of 4.5 billion long-range connections, including 4.1 with 5G, and 17,8 billion for short-range connections, the stakes to be addressed by then are substantial.

Networks of sensors and "Special machines" such as Narrow Band Iot or LTE-M become necessary because they integrate the sensors directly into the Iot. As 5G is a key factor in competitiveness, businesses need to be prepared to remain in the innovation race. The operation of companies, whatever their size, will be strongly impacted through manufacturing, supply chain, smart buildings and smart grids. This evolution will profoundly transform organizations and their business models.

The sectoral advantages of the Iot.

The Internet of Things generates real assets for all sectors. The most promising applications in this area include the smart cities and mobility sectors, as well as industry, as illustrated by the partnership between lighting specialist Osram and Deutsche Telecom, currently operates a campus network to wirelessly connect machines in a production environment. In concrete terms, a separate private network has been built on the factory campus as a relay of the mobile network accessible to the public in order to accelerate the automated production and logistics processes. Innovative processes to ensure predictive maintenance of machines, or the necessary changes in the production process with great flexibility.

Another successful application, Audi and the city of Ingolstadt have teamed up around the 5G to accelerate the development of the connected car. 5G can play a key facilitating role here by connecting traffic lights to road intersections in real time, which in turn exchange anonymous data on the movements of vehicles and other road users via its network.

5G and IoT PPT Companies Marketing Modules Wireless Communication!

The result is more fluid traffic and increased safety, but also concrete benefits for drivers who can anticipate unexpected movements more quickly. In cities and cities, this will contribute to a better sharing of urban space for all users and also to a significant saving of time by avoiding unnecessary waste of time related to the search for a parking space. In the future, other niche and growing markets will be able to benefit from 5G applications; this is the case for factories in the future, retail, connected homes, the field of voice assistants or augmented reality or intelligent agriculture, to quote only these illustrations. Connectivity, by relying on 5G, will be a key element to support the new use cases and the needs of customers in digital transformation that will emerge... subject to demystifying and unravelling the true from the false on this technology!

Concrete illustrations of the fact that the Iot and 5G are strategic pillars of the digitalization of companies. Thanks to the combination of these technologies, the economy and society are better prepared for a future ever more connected!