Sandeep Jamdagni, Head - IT, Ashiana Housing Ltd.
Innovation in technologyalways brings new aspect of doing business. 5G will open new opportunities for the re-engineered business models, high volume data movement from IoTs to data lakes, resulting in more innovation in products and customer services.
5G will be the base of innovation and evolution. 5G is the most powerful generation of mobile connectivity till now. 5G leverage cloud application and adaptation to XaaS model. Being the high performance in terms of speed and bandwidth, the era of 5G will be shaped by many evolutionary leaps within the standard, before we can even begin to look to the next generation. With exponential evolution of technologieslike AI, machine learning, IoT, the pace of change will be relentless. This will ultimately determine what will happen next.
This re-engineered service model of XaaS will boost traditional business models on insightful human and machine interactivity and behavioron a secure platform. There will be more penetrationof Machine learning and Artificial Intelligence in day to day life of humans. IoT alreadya major source of data generation and data gathering for better analysis of various behavior patterns of human and machines in controlled/uncontrolled environment.
Various research reports have already stated that within few years 85% of the businesses whether big or small will be using XaaS model for their operational needs. Speed of service availability and security will be themajor concern for all businesses to move on XaaS platform.
While adopting XaaS or Cloud computingsolutions, a major concern comes in mind of CIO's is of the security of the resources in XaaS model.Network availability, bandwidth and SPEED of network in remote areas, where most of the manufacturing happens is another issue of concern.
All mission-critical applications like autonomous vehicles, projects on smart cities, and Doctors performing surgery with help of robots on remote patients, monitoring of patients in remote areas from command center of hospital will make network reliability vital to the safety and security of people and the business.
5G will be the turning point for the XaaS model adaptation for the businesses. Most of the CIO hesitates to move to XaaS model only because of the limited availability of high speed and secure network connections.
Speed is the need of the hour for each and every business. Businesses which respond to its customer with high speed and accuracy always havewining edge in their respective industry.
5G will be providing the required speed and connectivity and service availability to adopt the new technology and services. Itwill play a major role in the transformation or digitalization of various old business models and adaptation to XaaS model.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.