MWC 2016 LIVE: 5G to trigger disruption, claim industry leaders

Keynote MWC2016 5G

The next generation of mobile technology will be a key enabler for disrupting traditional business models, claimed a panel of senior industry execs on Monday.

“Complete business models are changing,” said Ralph de la Vega, vice chairman of AT&T. “Once we have data in the cloud there will be no stopping industries from disruption.”

Vega pointed to Airbnb and Uber as examples of new entrants having a significant impact on established businesses.

In future, 5G will have a much wider influence in areas such as real-time monitoring of IoT sensors, due to its low latency attributes.

Hans Vestberg, Ericsson CEO, reinforced this viewpoint: “2G, 3G and 4G were very consumer focused in terms of usage models. 5G is very different by being programmable for a very wide set of use cases, as well as providing huge efficiency increases.”

“We’ve tested 5G at 25Gb/s on our test rigs, and are now understanding better the options available regarding use cases. Disruption is coming, but it’s only just starting,” added the Swedish exec.

de la Vega reckoned that 5G would start to be deployed in 2018. Brian Krzanich, chief executive of US chip giant Intel, agreed that “hardware and the fundamentals” would be established by that time.

Vestberg, however, thought it would not be until 2020-21 that 5G started to take traction. “We estimate there’ll be 150 million 5G subscribers in that timeframe, with some pre-standard commercial networks arriving beforehand,” he said. “We don’t expect the standard will be set until 2020.

As for the verticals that will see biggest disruption from mobile and wireless technologies, de la Vega pointed to healthcare. He gave an example of nano sensors injected into the blood to detect cancer cells early, combined with big data analytics to interpret the information. Vega asserted that cancer “would become a manageable disease before too long”.

Vestberg agreed that healthcare would see disruption, but perhaps more in the long term as the industry was so heavily regulated. He said the media industry, including the way TV is consumed, would undergo a greater upheaval in the shorter term.

Another disruptive and new opportunity, argued Krzanich, was for companies to manage large quantities of data generated by IoT sensors. “If you want to follow the dollars, it will not be in silicon but in big data analytics,” he said.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Featured Stings

EntEx Organises 5 Summer Schools for Young Entrepreneurs across Europe in June/July 2014

EU Commission retracts on the Chinese solar panel case

COP21 Breaking News_04 December: Building a Sustainable Future – speech by UNEP Deputy Executive Director Ibrahim Thiaw at the LPAA Thematic Event on Buildings

There is a way for Eurozone to reach a sustainable growth path

MWC 2016 LIVE: 5G to embrace unlicensed bands and Wi-Fi

Iran nuclear talks’ deadline extended: the match is still open for many

Commission offers discount on fines to banks for competition infringements

European Union: Retail sales show deep recession

EU car manufacturers worry about an FTA with Japan

Health & Sustainable Development Goals: it’s about doing what we can

At last Britain considers a super-soft Brexit

Cloud computing under scrutiny in the EU?

Family incomes stagnate in the EU; people excluded from ‘moderate recovery’

Eurozone needs more than some decimals of growth

A Brussels antithesis reveals where the EU is heading

Is “Sustainable Development” a concept that integrates Health Literacy and Health Policy as a global health action?

France asks help from Germany but it will not be for free

May led Britain to chaos, now looks for way out with unpredictable DUP

The vicious cycle of poverty and exclusion spreads fast engulfing more children

Germany to help China in trade disputes with Brussels

Building an Inclusive ICT Innovation Ecosystem

New round of bargaining for the 2014 EU budget late in autumn

JADE @ European Business Summit 2014: Youth Unemployment – a drive to Entrepreneurship

A Young entrepreneur cries out: “start in Europe, stay in Europe”

The 28 EU leaders unable to start a relevant debate on migration and Brexit

Hardened creditors drive Greece to dire straits; Tsipras desperate for an agreement

What UK and EU risk if Brexit “wins” these elections

The Commission breathless behind the horsemeat scandal

CHINA: five letters that could mean…

Commission and ECB prepare new financial mega-tool in support of SMEs

The fatal consequences of troika’s blind austerity policy

Bank resolutions to remain a politically influenced affair

ECB offers plenty and cheap liquidity to support growth in all Eurozone countries

Germany and Europe prepare for Trump’s America

Azerbaijan chooses Greek corridor for its natural gas flow to EU

Will the end of QE come along with ECB’s inflation target?

Higher education becoming again a privilege of the wealthy?

Can the EU really make Google and Facebook pay publishers and media?

Education expenditure in the EU not hurt much by crisis

Is Germany’s political landscape becoming a breeding ground for extremism?

ECB will be the catalyst of Eurozone’s reunification

Humanitarian Aid 2016: The needs, the highlights, the crisis and the relief

Towards the Rise of the United States of the Atlantic?

MWC 2016 LIVE: Verizon boasts momentum for IoT platform

Civil society organisations disenchanted with “Youth Guarantee”

Junior Enterprises as a solution for Youth Entrepreneurship

Joris in Indonesia

JADE Spring Meeting Live Coverage: Entrepreneurial skills in the digital markets

1 million citizens try to create a new EU institution

Inflation not a problem for Europe

Fed, ECB take positions to face the next global financial crisis; the Brits uncovered

Turkey’s Erdogan provokes the US and the EU by serving jihadists and trading on refugees

How the EU sees its own and Russia’s role in Ukraine

A Sting Exclusive: “On the road to Japan-EU Economic Partnership Agreement”, by Ambassador Katakami of the Japanese Mission to the European Union

G20 World Exclusive Interview: “The world, especially emerging economies and developing countries, require a more sustainable and quality development”, the Spokesperson of Japan underscores live from Antalya Turkey

COP21 Breaking News_03 December: Transport Industry Drive for Improved Energy Efficiency and Electro-Mobility to Stem High Growth of Emissions

Europe moulds global defense and security chart given US new inward vision

The next 48 hours may change the European Union

EU and U.S. castigate Facebook on Cambridge Analytica scandal as citizens’ data privacy goes down the drain again

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s