5G is coming: 3 ways it will benefit your business

5G is still on the way, and telecom operators are already touting the many benefits that this emerging mobile network standard will bring to businesses and consumers. In addition to faster download speeds, better overall reliability, and lower latency, there are some specific ways that businesses can benefit. Let's take a look at how 5G can help businesses achieve their goals.

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1. Remote collaboration

5G connectivity will make it easy for people to join video conferences, share large files, and conduct webinars without the need for a Wi-Fi connection. Enterprises that use VoLTE for enterprise communications, including rich communications services such as real-time mobile file transfers, will especially appreciate the speed and reliability that 5G brings to this service. In the future, 5G will also enable mixed reality collaboration, including augmented and virtual reality applications, which may be considered cutting-edge now but may gain greater business adoption in the future.

2. Remote device control

5G will also support collaboration with industry in a variety of ways. For example, it can help companies more effectively use drones to explore areas that are too dangerous or inaccessible for humans - from a dam that needs to be inspected to the roof of a property that is about to be sold. Or, 5G can enable medical professionals to perform remote robotic surgery more safely and effectively, ensuring that patients in remote areas can get the medical care they need in a timely manner. Companies can also use 5G to control various types of equipment from a distance, from cranes to equipment on the factory floor, thereby improving safety and productivity on site.

3. 5G will enable IoT opportunities at the edge

According to Business Insider, companies will invest nearly $15 trillion in IoT solutions from 2019 to 2025. In many cases, these companies will need robust edge connectivity to unlock the full value these connected devices can provide. Automakers have already begun to experience latency issues that are affecting the viability of the autonomous vehicles they are developing. Energy companies are also well aware of the challenges of operating low-power IoT devices or devices with sensors in high-latency environments at the edge. 5G promises to help companies alleviate these issues, providing a ubiquitous, always-present, high-speed mobile connection for such use cases to flourish.

Although the benefits of 5G may initially seem overblown, as the hype surrounding its imminent arrival grows, this new cellular connectivity standard does offer some compelling benefits for businesses. For companies that value effective communication and coordination, 5G is undoubtedly an emerging technology worth keeping a close eye on.