5G Technology is the next phase in wireless connectivity. When 5G becomes a reality, it will drastically change the way we use mobile devices everywhere. This technology will also have implications for industrial processes and Enterprise Asset Management.
This article will discuss a little more about this new generation of wireless technology – mostly focused on network communications over cellular.
The 5.0 World
When we talk about Industry 5.0, we are essentially talking about the next Industrial Revolution.
Inspired by the concepts of Society 5.0, this new methodology states that industrial processes are focused on people - on human capital.
Industry 4.0 represents significant advances in improving processes by using technology, implementing innovation, and digital transformation. Industry 5.0 is the recognition that none of this is possible without human intelligence behind the operations. It is also an innovation that causes a positive impact on all the people involved, from employees to society itself.
In practice, Industry 5.0 means understanding that as much as technology is fundamental, it requires human minds to run it, continuously improve it and use it strategically.
What is 5G?
5G is the 5th generation of wireless communication technology. To properly understand the impact of 5G, it is essential not to be overly attached to the term. That's because 5G is not an extension of 4G, as 4G is the upgrade of 3G. The advances or 5G vs.4G are so enormous that they are incomparable to one another.
This new technology has begun testing in 2020 in many countries. 5G technology will offer a giant leap in data transfer rate and coverage, to mention a few of its advances.
Currently, forecasts show that 5G will contribute significantly to the continued growth of the Internet of Things (IoT),making devices capable of "talking" to each other.
5G will bring a wide range of new technological solutions that can become possible, accessible, and comprehensive. These solutions will not only improve the way we live – following the principles of Society 5.0, in which technology exists to improve people's lives - but they will also revolutionize what we think about the industry and industrial processes.
How will 5G revolutionize the Industrial Internet of Things (IIoT)?
Machine-to-machine communication. It seems like science fiction, but it's getting closer and closer to becoming a reality.
5G allows more devices to connect simultaneously, something that has already become an essential demand with the evolution of the Internet of Things (IoT) in both industry and people's daily lives.
This new technology will enhance connection speed, allowing a much easier delivery of highly complex services.
Here are some examples:
- File transfers will become even faster
- Real-time video and audio streaming will become increasingly accessible.
- Real-time communication will be faster and with better quality.
Additionally, 5G reduces connection response time (latency), allowing mobile devices to exchange information quickly.
5G also has greater bandwidth, which is essential to handle the daily growth in content consumption by both individuals and enterprises.
How does 5G contribute to different industries?
There are countless perspectives on how 5G will directly impact the industry as we know it. The only thing we know for sure is that it will significantly accelerate the global adoption and implementation of the principles of Industry 4.0.
This infographic illustrates listed a few existing and future applications of 5G in different industries:
In addition to the examples above, there are many other industrial sectors in which the technological advances provided by 5G are, without exaggeration, revolutionary.
How will the industry of the future leverage 5G?
The industrial sector is experiencing an intense revolution. The trend is that the 5G technology will further accelerate the 4th Industrial Revolution, or Industry 4.0.
In the industries "of the future," connected devices will be able to detect their environments and operate with each other, allowing people to make strategic decisions in a decentralized framework.
It is essential to be ready for the changes that 5G will bring. This means adopting a fluid, agile infrastructure and working according to the concepts of Industry 4.0.
That's because, even though we're talking about the industries of the future, the truth is that the future is already here. Global digital transformation has already started.
The industry of the future is dynamic. Its processes are increasingly self-adjusting and self-regulating. This causes a growth curve sustained by increased agility and productivity.
Are you ready to take your industry into the future?
In this article, we share more about Industry 5.0 and the importance of being prepared for what is to come.
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