The development of 5G wireless technology is expected to generate more than $230 billion in revenue by 2025, with a considerable impact on B2B applications such as the Internet of Things (IoT) and smart cities. The advent of 5G wireless technology represents a significant leap forward in wireless communication over previous generations. This innovation will unlock unprecedented business opportunities for those who are prepared to capitalize on its potential.
As the next wave of digital transformation takes shape, it will be necessary for you to embrace a more comprehensive approach to 5G innovation and develop innovative products and services to address the evolving needs of your customers.
A successful integration of 5G-enabled innovation requires a strategic approach to grow your network of users so that you can reach the critical mass required to launch a network and create value. To effectively integrate 5G-enabled innovation, it is critical to know the key capabilities of 5G wireless networks, such as increased speed, greater reliability, prompt responsiveness, and device-to-device communication. By utilizing an analytical framework, you can effectively re-envision your business operations, products, and services.
With 5G technology becoming more prevalent in mainstream business, you will need to analyze the ecosystem of companies that influence 5G applications – suppliers, competitors, complementors – to determine how to differentiate your technology effectively. Then, you can explore the ways to create a sustainable business model to stay ahead of the competition in this rapidly growing market.
Prepare to capitalize on 5G wireless technologies by taking the 5G Strategy certificate offered by Genashtim in collaboration with eCornell.
eCornell courses are approved by SkillsFuture Singapore for SkillsFuture Credit as well as by HRD Corp Malaysia under its HRD Corp Claimable Course Scheme.