Tuesday , July 27 2021

5G expects to reach A / NZ by 2020, according to MIT

A new report by MIT Technology Review Insights, in partnership with Huawei, found that digital transformation in Australia and New Zealand is already underway primarily in terms of systems, products and internal services.

The digitalization of manufacturing and supply chains is delayed but will be accelerated substantially by the launch of 5G.

The report, from follower to leader: digital transformation and the path to 5G, is based on a multinegocial survey of advanced technology executives in the A / NZ markets plus Singapore, Malaysia, the Philippines and Indonesia as well as expert interviews.

It examines how companies are implementing the technologies of the fourth industrial revolution (4IR) such as cloud, IoT, artificial intelligence (AI), large data, robotics, blocking chain and virtual and augmented reality, as well as the Preparation of opportunities that will open through 5G.

The main results include:

  • Companies are already making strong progress with digital transformation in systems, products and internal services. Cloud and IoT They are 4IR technologies more stable, with 29% and 34% of respondents who have already deployed these for a year.

  • Improve customer experience It is the main driver of technology adoption throughout the region, followed by increasing the speed of decision making and increasing operational agility. The high cost of deployment is challenge number 1 to continue digitizing.

  • 5G It is expected sooner rather than later. Two thirds of the respondents report that there are active conversations in their organizations about the future impact of 5G, but only 46% say that there is a good knowledge of the benefits that 5G will bring. However, 65% expect that 5G will be available by 2020, with 18% more anticipating 2021 as the most likely date.

  • Collaboration and development of ecosystems will continue to fuel digital transformation. Only 35% of respondents believe that there is sufficient infrastructure in terms of regulation, connectivity and public services to support greater digitization, which shows that there is more to do.

  • About 82% of respondents think Infrastructure upgrade costs They are the 5G key obstacle that telecommunications operators will have to overcome, although 83% believe that telecommunications will take the lead in the future 5G ecosystem. Another 70% feel that governments should create a collaborative environment for 5G.

"This survey concludes that Asia-Pacific executives are bullish in the new technology, most have plans to launch an AI, automation or IoT within a year," says report editor Claire Beatty.

"They also have great expectations that 5G will be available in the next two years, and that the manufacturing, financial services and automotive sectors will benefit the most."

To produce this study, MIT Technology Review Insights conducted a review of the digital transformation agenda in Asia-Pacific and the impact of 5G.

The research was based on a survey conducted in 191 senior technology and strategy executives in Singapore, Malaysia, Indonesia, the Philippines, Australia and New Zealand, as well as a series of interviews during July and August 2018 with experts from across the region.

The report, which is sponsored by Huawei, is independent publishers and the opinions expressed are those of MIT Technology Review Insights.

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