Industrial companies are eagerly anticipating 5G’s opportunities

The majority of European industrial companies have plans to invest in 5G in the coming two years. Manufacturers and industrialised companies in the UK and Italy have forged the most progressive ambitions, while German players seem to be the slowest to get off their mark.

The roll-out of 5G technology is seen as a major opportunity for industrial companies of all sizes. 5G is the next generation of mobile internet connectivity, offering faster speeds and more reliable connections. According to tech experts, with 5G in place, average speeds of around 20 GBps for download and 10 GBps for upload could become the norm. In comparison, today’s current 4G technology across Europe’s borders on average achieves speeds of 1 Gbps for download and and 500 Mbps for upload.

This much faster internet connection will enable connectivity to power a massive huge rise in Internet of Things (IoT) technology, providing the infrastructure needed to carry huge amounts of data, allowing for a more connected world. Not surprising therefore is that, as per new research by Capgemini, executives in the industrial sector are eagerly anticipating the realisation of 5G. Alongside other rapidly emerging digital trends such as cloud computing and advanced automation, telecom’s 5G technology is seen as one of the largest drivers of digital transformation in the years to come.

Read more https://www.consultancy.eu/news/2960/industrial-companies-are-eagerly-anticipating-5gs-opportunities