The Current State of 5G Globally
The average download speed on 5G networks is about ten times faster in the consumer segment than in previous generations; this has fueled the widespread adoption of virtual reality (VR) applications and live streaming services with 360-degree camera angles. 5G applications have already passed the testing phase and are gradually becoming more widely available. In the corporate segment, 10,000 projects are currently in development, within which the possibilities of 5G industry applications in the B2B segment (5GtoB) are also under investigation.
Mr. Hu noted “the existence of specific areas, which require improvement despite the stable development of 5G. We already have extensive application implementation practice but need more long-term business cases”.
He talked about the massive organizations’ impact on the atmosphere and how people globally are becoming more serious about climate change. “These trends open up many chances for our manufacturing,” he said. “But they also create particular challenges. There are a few things we can attempt to anticipate and prepare for them. “
In the expedient consumer market, dropping the fences to headset usage will mark a turning point for virtual reality, one virtual reality key technology, including augmented (AR) and mixed reality (MR). “To do this, we must improve both the headsets and the content. Users want less intrusive, lighter, and more reasonably priced headsets. “To support the development of the gratified ecosystem, Mr. Hu encouraged the manufacturing company to create cloud-based stages and apparatuses to efficiently and quickly develop content that is now too complex and expensive to develop.
Second, carriers must modernize their networks and develop new competencies to prepare for 5GtoB solutions. A modern network is crucial for implementing 5G applications in industry scenarios, so operators must continually improve network performance, such as uplink speed, positioning accuracy, and recognition quality. Because industry scenarios are much more complex than consumer scenarios, O&M will face significant challenges. To solve these upcoming issues, Huawei is developing autonomous networks that support intelligent functions.
Digital alteration also demands new approaches. Operators can provide communication services and act as cloud providers and system integrators, developing the necessary competencies. Industry telecommunications standards are also essential for the widespread industrial adoption of 5G networks. In China, carriers have begun working with industry partners to develop standards for 5G in the coal, steel, and power industries, which has fueled the broader adoption of new network solutions in these sectors of the economy.
“Beyond technology,” Mr. Hu concluded, “several intangible benefits will not be immediately apparent.”
Third, the industry must prepare for the transition to green technologies. According to the World Economic Forum, digital machinery can help reduce global carbon dioxide emissions by at least 17% by 2030. “On the one pointer,” said Hu, “we have a great chance to assist all businesses to reduce releases of Co2 and improve energy competence through cardinal technology. On the other hand, we must find out the carbon footprint of our company’s industry is also growing, so we need to take steps to remedy the situation. Huawei is already using new materials and algorithms to reduce the energy consumption of its products. We are modernizing sites and optimizing energy consumption in our data centers to improve operational efficiency. “
“Over the past two years, we have witnessed tremendous change related to the pandemic, technology, business, and the economy,” concluded Mr. Hu. “In the future, when the world begins to recover, we must realize what opportunities are opening up before us and meet them in full readiness. We must prepare technologies, enterprises, and competencies. ” About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.