‘Enterprises ready for 5G benefits’

KARACHI: While much of the discussion around 5G has centered on consumer devices, enterprises are looking towards the tremendous impact the technology can have on their ability to serve customers and the bottom line, a statement said on Monday.

Not only are most companies (97 percent) aware of the benefits of 5G, but 95 percent were already strategically planning how they will take advantage of this next generation of wireless connectivity to power core business initiatives from new services, to IoT and smart ecosystems, it added.

The Oracle Communications study, “5G smart ecosystems are transforming the enterprise – are you ready?,” surveyed 265 enterprise IT and business decision makers at medium and large enterprises globally to find out how businesses are thinking about 5G today and its potential significance moving forward.

“Enterprises clearly want to capitalise on the promise of 5G; however, to be successful, IT and business leaders must avoid thinking of 5G as just another ‘G,’ and should instead consider it as an enabler to the smart ecosystem we have long talked about,” said Doug Suriano, senior vice president and general manager of Oracle Communications.