The Monthly Newsletter of the IEEE Vehicular Technology Society—October 2017

 

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Mobile Radio
Fifth-Generation Technology Offers Trillion-Dollar Business Opportunities
Matthias Pätzold

Ericsson's The 5G Business Potential report analyzes commercial potential offered by fifth-generation (5G) industrial technology, focusing on eight key global industries including manufacturing, public safety, financial services, health care, automotive, public transport, media and entertainment, and energy utilities.

Ericsson has identified a huge opportunity for telecom operators who address industry digitalization, and they foresee a revenue potential of US$582 billion by 2026. Compared to 2016, this represents a 34% growth in revenue. The report shows that the manufacturing and energy utilities sectors offer the strongest opportunity for revenues created or enhanced by 5G.

To capture this market potential requires investment not only in 5G technology but also in business development, go-to-market models, and organizational adaptation. 

To leverage the power of 5G technologies, operators need to rethink their role, what value to deliver, and what business models to use. With the Internet of Things (IoT) and technologies like gigabit long-term evolution (LTE) and network slicing enabling new services and revenue streams, the journey to 5G has started.

Ericsson has announced that it has completed the first demonstration of 5G in Indonesia, including a 5G test bed, 5G NR, and use cases like a motion-sensing robotic arm and live video streaming with 4K resolution, meaning that the horizontal resolution is approximately 4,000 pixels. 

The 5G demonstration took place during a three-day event to celebrate Ericsson's 110th anniversary in Indonesia. Ericsson's 5G test bed achieved a peak downlink speed of 5.74 Gb/s and latency as low as 3 ms.

Having pioneered the first four generations of mobile technologies in Indonesia, Ericsson demonstrated its commitment to deploying cutting-edge communications technologies and services locally by becoming the first company to showcase 5G in the country. Ericsson's 5G test bed includes all functionality required for pre-commercial trials and includes support for features like beamforming and tracking, multiuser MIMO, multisite transmission, ultralean design, and dynamic TDD.

The low latency and high reliability of 5G, coupled with intelligence residing in the cloud, will enable enhanced human-to-machine communication. Ericsson demonstrated this in Indonesia with a motion-sensing robot arm that participants could control in real time using hand and finger motions. 

Such applications could be used in myriad tasks, including remote surgery, road accident management, and scenarios that might be unsafe for humans.

Full article: IEEE Vehicular Technology Magazine, Volume 12, Number 3, September 2017

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In This Issue
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Society
Message from the EiC
VTS Awards for 2017 (for presentation at VTC2017-Fall and VPPC 2017)
IEEE VTC2017-Fall Conference Best Paper Awards
VTS Chapter Profile – IEEE Malaysia ComSoc/VTS Joint Chapter
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From the IEEE VTS Resource Center
Lectures on Energetic Efficiency of Connected Vehicles, and Electric and Hybrid Vehicle Fundamentals
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From IEEE Vehicular Technology Magazine
Review: Unmanned-Aerial-Vehicular Networks for Small and Mini Drones
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Connected Vehicles
Continued Dispute on Preferred Vehicle-to-Vehicle Technologies
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Mobile Radio
Fifth-Generation Technology Offers Trillion-Dollar Business Opportunities
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Transportation Systems
Bay Area Rapid Transit Extension South on the East Bay
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Conference Preview
IEEE VPPC 2017
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Conference Call
IEEE VTC2018-Spring in Porto
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Editor-in-Chief

Abbas Jamalipour

 
 
 
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