How Telco's and industrial companies stand to benefit with 5G - Oaperg Technology

How Telco’s and industrial companies stand to benefit with 5G

Industrial firms have a taste for 5G

5G aims to address the connectivity challenges that impact many vertical sectors of the industry, including manufacturing, transport, logistics, electricity and utilities. In reality, three-fourths of industrial firms agree that over the next five years, 5G will be a crucial technology enabler for their digital transformation and they are willing to pay a premium to get it.

Among these businesses, 5G has sparked immense interest. In reality, within two years of availability, up to 65 per cent are keen to adopt the technology. But are telecommunications operators ready and willing to fulfill their needs?

In development and asset-intensive firms, 5G

We surveyed about 800 manufacturing and asset-intensive (industrial) companies around the world in the latest report from Oaperg’s view of 5G in industrial operations: how telcos and industrial companies profit from it, to find out how eager they are to embrace 5G and where they think 5G will bring full value. In order to explain the 5G aspirations of industrial companies and help them understand how to fulfill those demands, we also met with over 170 business and telecommunications executives.

Our study looks at four areas in order to meet these objectives:

  • Industrial companies’ appetite for speedy 5G adoption and the factors driving this interest
  • Why potential delays in 5G deployment are leading these companies to consider applying for 5G licenses and how that might affect telecom players
  • The potential manufacturing use cases that 5G offers
  • Key recommendations for industrial companies as well as telecom players

The secret to introducing 5G is teamwork.

Anticipation for 5G is high among industrial businesses, but it will take time for the features to appear. Some of these businesses are, in the meantime, considering applying for their own private licenses just to ensure greater autonomy and protection. Instead, these organizations can work more closely with telecom providers, define areas where 5G will add value, and plan the correct deployment roadmap to fully realize the enormous disruptive potential provided by 5G.

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