From connected cars to connected cows, there is no shortage of hype around all that 5G will enable and how much the market will be worth. While the immediate focus is digital transformation, it is industrial transformation that will bring about the most meaningful change in our society. While consumer-driven services for streaming video, live TV or wireless gaming on social media capture the imagination and seem to be the most talked-about right now, the industrial enterprise is where the most impactful change will occur.
The sub-millisecond/enhanced broadband and ultra-reliable connectivity that comes with 5G will bring a sea change in the production, maintenance and logistics that shape asset-driven industries, such as manufacturing, construction, mining, factories, healthcare, farming, transportation, oil and gas, and more. These industries will need to manage an exploding number of autonomous assets as they bring to life connected robotics, automated manufacturing, remote control, food security, autonomous driving and vehicle-to-everything (V2X), automated guided vehicles (AGVs), smart buildings, and so much more.
We need to think now about how to engage those industry partners best positioned to reap the automation and process efficiencies that 5G promises. With 3GPP release 16, 5G NR enhancements like low latency are in place, expanding the possibilities for dynamic spectrum sharing, mid-band and millimeter-wave spectrum. And with release 17 on the horizon, there will be improved support for increased reliability and massive machine connectivity, giving industrial enterprises more of the security, control and flexibility they need.
The time is ripe for collaboration between communications service providers (CSPs), cloud experts like Oracle, and industry application providers who know where 5G will bring the most value. New network topologies and solutions like multi-access edge computing—something 90 percent of industrial enterprises will invest in by 2022 — are already being established. Realizing the full potential of the fourth industrial revolution will require new business models delivered across robust supply, application and production ecosystems tied together with common data and connectivity solutions.
To prepare, we have invested in a cloud-native, microservices-based 5G core with slicing support, which can be deployed on private or public cloud platforms. We have deep expertise in not only building cloud-native applications but also operating them in a DevOps model, offering CSPs more deployment options as they migrate applications to containers and Kubernetes. We are a Platinum member of the Cloud Native Computing Foundation (CNCF), furthering our commitment to open source serverless platforms. All of that work combines with our deep experience in telecommunications and the industries that will be most affected by 5G. To learn more about how we can help you make the most of 5G in industrial use cases, feel free to contact us with any questions.
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About Oracle Communications
Oracle Communications provides integrated communications and cloud solutions for Service Providers and Enterprises to accelerate their digital transformation journey in a communications-driven world from network evolution to digital business to customer experience.