Telecom Business Review

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Convergence of 5G, AI and IoT Holds the Promise of Industry 4.0


Affiliations
1 Global Solution Architect, GSI Business, Hitachi Vantara, India
     

   Subscribe/Renew Journal


The Information and Communications Technology (ICT) industry across the globe is at the forefront of major transformations that are poised to impact the way industries work. In today’s ultra-competitive markets, organizations across industries rely upon next generation ICT technologies to create and deliver game changing value propositions which are market disruptive in nature. Today, the ICT industry evolution has reached a stage where majority of ICT players (i.e. communications service providers, IT service providers, software makers and OEMs) are in a race to ride the much awaited 5G, AI and IoT waves to gain from the first mover advantage and find avenues for generating new revenue streams while obtaining thought leadership in this new marketplace. Among these players, especially, the communications service providers are betting big on these 3 emerging technologies as their traditional revenue streams from voice and data have shrunk in the recent past due to intense competition, commoditization of services, increasing spectrum costs and price pressures (decreasing ARPU). A wide range of IoT applications will be empowered by 5G backbone augmented using AI driven algorithms which can deliver the promise of a smart, ultra-fast, automated and data intelligence driven use cases across industries and ultimately realize the vision of Industry 4.0.

Keywords

ICT, 5G, IoT, AI, Industry 4.0
Subscription Login to verify subscription
User
Notifications
Font Size


  • Somisetty, M. (2018). Big data analytics in 5G, IEEE. Retrieved from https://futurenetworks.ieee.org/images/files/pdf/applications/Data-Analytics-in-5GApplications030518.pdf?tactic_type=PRB&tactic_ detail=GV_Future+of+Field+ Operations+study_Utility+ Dive_NA_None

  • Research and Markets. (2020). 5G, AI, Data Analytics, and IoT Convergence. The 5G and AIoT Market for solutions, Applications, and Services (2020-2025).Retrieved from finance.yahoo.com/news/5g-ai-dataanalytics-iot-115920359.html?guccounter=1&guce_re ferrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAAp_f3BpWFaf0273LOHzQhGmsMmgZRSGFIlK6n3jQLfN2YDHfFpcaC_ sGeqL_jzXQDJYS1tytGRFnJp6ZpRgvRcnfDeDqhkOtdiU09TAzZnSOX0TEP_rzX1S9KT5YoUluQM3agDjVHTNlz674wgO3AJreMBokLWukY2hqi3lL

  • Compare, M., Baraldi, P., & Zio, E. (2020). Challenges to IoT-enabled predictive maintenance for industry 4.0. In IEEE Internet of Things Journal, 7(5), 4585-4597. doi: 10.1109/JIOT.2019.2957029

  • Hitachi. (2020). Hitachi uses ericsson to build private 5G network for research. Retrieved from https://www.lightreading.com/private-networks/hitachi-uses-ericsson-to-build-private-5g-network-for-research/d/did/764195

  • Propson, D. (2020). Emerging technologies are reshaping financial services. Here’s how. Retrieved from https://www.weforum.org/agenda/2020/09/emerging-technologies-reshaping-financial-services/

  • Middleton, P., & Contu, R. (2020). Forecast: Enterprise and automotive IoT edge devices security, worldwide, 2018-2024. Retrieved from https://www.gartner.com/en/documents/3982094/forecast-enterprise-and-automotive-iot-edge-device-secur

  • McCabe, A. (2019). Five 5G network slicing use cases. Retrieved from https://www.openet.com/blog/five-5g-network-slicing-use-cases-2-2/

  • Gossett, S. (2019). IoT in vehicles: A brief overview.Retrieved from https://builtin.com/internet-things/iot-in-vehicles

  • Pham, Q.V., Fang, F., Ha, V. N., Piran, M. J., Le, M., & Ding, Z. (2020). A survey of multi-access edge computing in 5G and beyond: Fundamentals, technology integration, and state-of-the-Art. IEEE Access, 8,116974-117017. doi:10.1109/ACCESS.2020.3001277

  • Krasniqi, X., & Hajrizi, E. (2016). Use of IoT technology to drive the automotive industry from connected to full autonomous vehicle. Retrieved from https://www.sciencedirect.com/science/article/pii/S2405896316325162

  • Deloitte. (2018). 5G: The catalyst to digital revolution in India. Retrieved from: https://www2.deloitte.com/in/

  • en/pages/technology-media-and-telecommunications/ articles/the-catalyst-to-digital-revolution-in-india.html

  • Joseph, T. (2018). Role of data analytics in IoT. Retrieved from https://www.fingent.com/blog/role-of -data-analytics-in-internet-of-things-iot/


Abstract Views: 184

PDF Views: 0




  • Convergence of 5G, AI and IoT Holds the Promise of Industry 4.0

Abstract Views: 184  |  PDF Views: 0

Authors

Kaushal Chhaya
Global Solution Architect, GSI Business, Hitachi Vantara, India

Abstract


The Information and Communications Technology (ICT) industry across the globe is at the forefront of major transformations that are poised to impact the way industries work. In today’s ultra-competitive markets, organizations across industries rely upon next generation ICT technologies to create and deliver game changing value propositions which are market disruptive in nature. Today, the ICT industry evolution has reached a stage where majority of ICT players (i.e. communications service providers, IT service providers, software makers and OEMs) are in a race to ride the much awaited 5G, AI and IoT waves to gain from the first mover advantage and find avenues for generating new revenue streams while obtaining thought leadership in this new marketplace. Among these players, especially, the communications service providers are betting big on these 3 emerging technologies as their traditional revenue streams from voice and data have shrunk in the recent past due to intense competition, commoditization of services, increasing spectrum costs and price pressures (decreasing ARPU). A wide range of IoT applications will be empowered by 5G backbone augmented using AI driven algorithms which can deliver the promise of a smart, ultra-fast, automated and data intelligence driven use cases across industries and ultimately realize the vision of Industry 4.0.

Keywords


ICT, 5G, IoT, AI, Industry 4.0

References