5G MONETISATION
New systems for new 5G opportunities Thanks to its low latency and high speed, 5G is enabling and supporting applications across many different verticals, not just in telecoms. However, to enable 5G to be monetised, operators need to invest in their IT alongside their major operational technology (OT) network investments in 5G, writes Antony Savvas. Only by having IT that is flexible and automated, can they participate in the truly analytics-enabled, data-led and real-time decision-making that new 5G and IoT applications demand. With this is mind, how can communications service providers (CSPs) carve out a bigger role in the 5G-enabled world, rather than just providing the network? And how will they enable the network slicing, edge intelligence and real-time decision-making, to support both their customers and their own operations, to achieve that wider aim of having a bigger role? “5G is not just about the one killer app, but about a multitude of new apps and devices,” says Mats Arvedson, business development manager and
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driver of 5G consumer propositions at Ericsson. “We know that consumers want innovative services attached to their 5G subscriptions, but service providers’ core strengths lie within connectivity, not application development. Service providers therefore need to find partnerships that utilise both the great capabilities of 5G, but also the innovation power of the wider ecosystem.” For these partnerships to be successful in bringing new 5G applications to consumers, says Arvedson, the network must be ready to handle them. “When we talk about 5G use cases, they’re often highperformance, low-latency applications. Technology to support these must provide a set of features that
VANILLAPLUS MAGAZINE ISSUE 1 I 2022
