Augmented Data Management: Its Importance and How it Transforms an Enterprise

5G

Article | September 28, 2023

There is great potential for 5G to usher in significant near-term business impacts in the enterprise, and augmented reality (AR) applications will be the poster child that demonstrates the value of 5G. The sprawling footprints of industrial organizations are tailor-made for 5G. High-speed wireless data coverage will be available throughout dispersed industrial environments which simply can't be served via Wi-Fi alone. 5G cellular connectivity for field-based uses, including AR platforms that help frontline workers keep complex machinery in good working order, will be rapidly adopted. There are also many enterprises that have not deployed wireless infrastructure for cost or security reasons. The recent adoption of mobile digital tools by frontline workers to perform daily tasks and remote guidance makes 5G a valuable investment for these organizations. In many instances, 5G may be easier to deploy while delivering more functionality and higher security than Wi-Fi alone.

Network Infrastructure, Network Management

Article | July 27, 2023

5G trends are shaping the future of various technologies, from the Internet of Things to Virtual Reality. Learn more about the top trends in 5G to stay ahead of the competition in this sector. Contents 1 The Value of 5G for Businesses 2 5G Trends to Watch in 2023 2.1 Shift to Standalone 5G 2.2 Edge Computing for IoT 2.3 Adoption of Private 5G Networks 2.4 General Availability of 5G 2.5 Partnerships for Rapid Deployments 3 Conclusion 1 The Value of 5G for Businesses The fifth-generation network technology, or 5G, promises to revolutionize the way businesses communicate and operate. It offers lower latency, faster data transfer speeds, more robust security, and new and enhanced experiences. These capabilities enable 5G to support high-quality video conferencing, real-time collaboration, immersive virtual experiences, and more. By investing in 5G, businesses can stay competitive and meet the evolving needs of their employees and customers. With the growing adoption and use cases of this technology, keeping up with the technology trends in 5G is essential for staying ahead in today's business landscape. 2 5G Trends to Watch in 2023 2.1 Shift to Standalone 5G The rapid deployment of 5G across the world has been made possible due to the existence of an already-established 4G infrastructure. This has allowed operators to concentrate on developing the radio access network components while relying on 4G networks as a failsafe. This approach has enabled operators to deploy 5G networks at a faster pace, thereby allowing the benefits of this technology trend to reach a wider audience. The integration of a 5G core and radio forms the backbone of 5G infrastructure, enabling the 5G stand-alone network to achieve its full potential. Wireless providers have been actively promoting the key features of 5G, such as ultra-low latency and complete network slicing, which are exclusively available through the stand-alone version of this advanced technology. By utilizing this emerging technology, businesses can unlock an entirely new level of performance, allowing them to deliver innovative and immersive services to their end-users. Stand-alone 5G is also a necessity for certain unique use cases, and many 5G trends in 2023 will rely on its capabilities. It is essential for businesses to understand the benefits of this advanced technology and adopt it to remain competitive in the ever-evolving digital landscape. 2.2 Edge Computing for IoT The convergence of 5G technology and IoT is transforming how businesses operate across industry verticals. This 5G trend enables edge computing for the IoT by providing low-latency and high-bandwidth connectivity. With 5G, data can be transmitted and processed at the edge of the network, closer to the source of the data, rather than being sent to a central data center for processing. While extensive IoT fleets can operate on a 4G network, a 5G network will improve upon those capabilities with massive multiple-input, multiple output capabilities, enabling an increased number of devices to connect with the cell tower. This is especially useful in IIoT, where a large number of IoT devices are present within a small area, which requires this level of connectivity. The low latency and high bandwidth offered by 5G infrastructure also support innovative IoT solutions, such as integrating artificial intelligence, by enabling real-time processing of data and faster response times. Edge computing allows IoT devices to perform complex processing tasks and make decisions locally, rather than relying on a centralized cloud server. Businesses that operate in industries that require real-time processing will especially benefit from the digital transformation through 5G. 2.3 Adoption of Private 5G Networks Private wireless networks are suitable for many industrial applications, and the market for private 5G networks is set to expand rapidly. Private 5G networks offer greater cybersecurity, control, and reliability, making them ideal for mission-critical applications that require high levels of security and privacy. This is one of the key 5G trends because it is applicable to industries such as manufacturing, healthcare, and finance, where IoT devices collect and share sensitive data that requires greater cybersecurity. Businesses can also utilize private 5G networks to benefit from higher bandwidth, lower latency, and greater flexibility compared to public networks. Private 5G networks can be customized and tailored to meet the specific requirements of each application, making them ideal for specialized functions. As more enterprises look to benefit from network-intensive technologies such as artificial intelligence, virtual reality, and big data, the demand for private wireless networks will continue to rise. Network operators are also more willing to offer private 5G networks because they represent a new revenue stream and a growth opportunity while also allowing them to provide a more personalized service to their customers. 2.4 General Availability of 5G The 5G trends have moved towards access to 5G across the world, with 5G now available in 95 countries and reaching to more than 1.2 billion people. 5G networks are becoming more widespread in 2023, and as a result, many 5G trends and technologies are expected to emerge. Furthermore, 5G has become standard across all premium devices and many mid-range ones, making it an attractive option for consumers. For businesses, this means a whole new world of possibilities. 5G networks offer faster speeds, higher bandwidth, and lower latency, enabling businesses to offer more innovative products and services. With the increased availability of 5G, businesses can develop and deploy emerging technologies like artificial intelligence and machine learning, augmented reality, and virtual reality. Remote work and related use cases will also rise in popularity as 5G becomes more common. However, the distribution of 5G networks differs by region. 5G trends indicate that urban populations will likely be the first beneficiaries of public 5G rollouts and will benefit the most from 5G capabilities such as network densification and massive MIMO. With the deployment of 5G small cells for connectivity, 5G networks will support new use cases and faster, more reliable connectivity for the general public, especially in urban areas. 2.5 Partnerships for Rapid Deployments By connecting disjointed B2B and B2C networks with ecosystems, service providers can become service enablers, working with businesses, consumers, and even competitors to create unique 5G offerings. Digital transformation is possible through new approaches to partnerships, through which service providers manage commoditization pressures and a hyper-competitive market. Partnerships also provide businesses with access to industry skill sets that are in high demand, such as cloud, cybersecurity, and automation. By partnering with players who are already experts, cellular network providers offer specialized solutions to their customers that they may not have been able to provide otherwise. Hosted labs also help to speed ecosystem validation of use cases and new technology, ensuring that solutions are effective and efficient. Furthermore, partnerships enable service providers to create products with global scale, as demonstrated by SAP, IBM, ServiceNow, and Deutsche Telekom, which have collaborated to create global connectivity offerings ranging from 5G to software-defined networks. In the race to increase revenue and control costs in the 5G industry, collaborating with industry experts and integrating solutions will become one of the key 5G technology trends. Through collaboration, service providers can offer unique solutions to their customers, access necessary industry skill sets, and create products with global scale. These partnerships are necessary for businesses to remain competitive in an ever-changing market. 3 Conclusion The ongoing rollout of 5G networks is set to transform businesses across all industries, bringing faster speeds, lower latency, and the ability to connect more devices than ever before. As technology continues to evolve, businesses need to stay up-to-date with the future trends in 5G in order to take advantage of its full potential. The growing demand for low latency and massive connectivity due to new use cases such as edge computing and the IoT is driving the growth of 5G networks. These trends will enable businesses to create new products and services, increase efficiency and productivity, and ultimately transform the way they operate. As 5G networks continue to mature, businesses that invest in this technology will have a competitive advantage over those that do not. They will be able to deliver faster, more reliable services to customers, streamline operations, and reduce costs. With the right approach, organizations can capitalize on the latest trends in 5G and unlock new opportunities for growth and innovation in the years to come.

Enterprise Mobility

Article | June 15, 2023

Blockchain technology has the potential to transform the way businessesoperate.As a result, it has gained tremendous momentum and is no longer the utopian dream of a few crypto enthusiasts. According to a Deloitte report that surveyed more than 1300 senior executives worldwide, 53% said blockchainin businessis a priority. Also, PwC highlights thatblockchain alone can add $407 billion to the GDP of the USA by 2030. Blockchain is cementing its position in the market and is expected to be worth $163 billion by 2027, according to Statista. The time has come for digital businesses to harness the power of decentralization and incorporate it into their everyday processes. You simplycan’t lose out on the business opportunities that this technology has tooffer simply because you are living under a rock. In this article, we will discuss how using blockchain for business can make a huge difference in your business process. Let’s first begin by looking at the challenges faced by traditional business models. Challenges Traditional Business Models Face A growing business encounters several challenges, and different problems demand different solutions. Mentioned below are some of the challenges that traditional business models often encounter. Time-Consuming Processes In a business operation, all processes function as separate entities. Teams often find themselves looking for, gathering, and analyzing the same data to make decisions. As a result, the teams must rely on a lot of third-party intermediaries to runtheir business processes smoothly. This adds to the time and complexity of the processes.Use of blockchain technology can help to effectively do away with this challenge. Lack of Security Data security is another area of concern that can be taken care ofby storing data on the blockchain. Data that is storedin the cloud or a centralized storage facility, is vulnerable to security breaches. The traditional business ecosystem, data, and stakeholders are unprepared for the considerably more intelligent and ever-changing hackingtechniques. As a result, important and confidential data can get breached and compromised. Payment Barriers Payment transactions are often more complicated, time-consuming, and costly due to the diversity of currencies and parties involved. Blockchain technology promises to make processing payments and other transactions around the world faster, safer, and cheaper by getting rid of the need for mediators like correspondent banks and clearing institutions. Payment barriers are another problem that the adoption of blockchain business models can ease. Shoot-up Your Business Growth with Blockchain Technology Blockchain in business is aiding the transformation of business across industries all around the globe. Blockchain is transforming supply chains, banking and financial services, healthcare, government, retail, and other industries. Here are some statistics that demonstrate blockchain's significance in strengthening industries: The financial sector contributes to around 30% of the market value of blockchain. (Statista) By 2028, the value of blockchain in healthcare will be $1189.8 million. (Vantage Market Research) By 2026, the value of blockchain in agriculture and food will be $1.48 billion. (BIS Research) In 2022, the blockchain market in the manufacturing industry will be worth $85.64 billion. (Globe Newswire) Accelerates Your Business Processes Blockchain is taking a central role in the ongoing digital transformation process. In digital transformation, time is one of the most critical factors that keeps you ahead of the curve. Moreover, business operations that use a blockchain to store and transfer data provide high levels of security. On this basis, you can create completely automated transactions in various business domains. This method is not only dependable and safe, but it is also exceedingly fast. Improves Your Online Security Encryption and validation are two significant advantages of mainstreaming blockchain technology. Every operation and communication that happens online will be encrypted. It protects against data alteration. Due to its distributed nature, you can verify that no one has altered even a bit by checking signatures across all nodes. Blockchain in business will be helpful for storage, private messaging (between companies/clients or friends on social media), safer DNS, and IoT security. Blockchain use in business will enhance cybersecurity, but this transformation won’t happen overnight, it will take years before it impacts the ways in which we use the internet. Eases Online Payments While online transactions are safer than ever, users' data is still at risk. However, this decentralized platform can make payments transparent and tamper-proof in the financial ecosystem. Decentralized blockchain technology protects data. Simply put, it allows you to make payments without a payment processor. Blockchain technology protects financial transactions by removing central points of failure and minimizing errors. This helps in saving time and money. In addition, blockchain technology ensures that transactions remain unaltered and only those involvedcan see the history. A Game-Changer in the Supply Chain & Logistics Anything that can conceive of as a supply chain, blockchain can vastly improve its efficiency - it doesn’t matter if it’s people, numbers, data, money.” - GinniRometty, CEO of IBM. The integration of blockchain simplifies supply chain and logistics work. The blockchain's decentralized nature ensures maximum transparency in every transaction in the supply chain, from raw material purchase and manufacture to distribution and sale of the finished product. At a minimal cost, each transaction can be promptly and readily documented on the blockchain. There are very few risks this way, because the final buyer can track a product's origin along the whole supply chain. Reduces Operational Cost Blockchain-based smart contracts are a boon. Businesses can make and receive online payments through some set guidelines. Brokers, escrow agents, and other intermediaries are excluded through smart contracts. Smart contracts are self-executing programs that safeguard the interests ofall parties. These contracts use unbreakable cryptographic code and automatically implement contract terms. Lastly, smart contracts keep track of all consumer, worker, and stakeholder activities. Many global corporations use smart contracts to perform essential HR and administrative tasks. What Does Blockchain Mean for Entrepreneurs? Blockchain technology is so much more than just a technology used for cryptocurrencies. For a commoner, whenever we talk about blockchain, the first thing they think of is bitcoin or cryptocurrency. However, for businesses and entrepreneurs, blockchain is more than just a cryptocurrency. Let's take a look at the ways in which blockchain technology can empower business leaders. Case Study Blockchaintechnology is being rapidly usedin the logistics industry.The main advantages include higher confidence in the system due to greater transparency, improved product traceability, and cost savings by eliminating manual and paper-based administration. One such example Tradelens, a blockchain-powered open and neutral supply chain network, is one example. It was founded by IBM and Maersk and has expanded to 150 members, including some of the world's largest logistics companies, including CMA CGM, MSC, ONE, and Hapag-Lloyd. In 2020, it claims to have made businesses 15% more efficient by letting them get rid of legacy data systems, manual document processing, and limited visibility. By 2050, it claims to have made them 15% more efficient. Final Thought Blockchain technology is theinevitable future, and its use is no longer restricted to crypto transactions. In the coming years, blockchain development solutions will be used ineCommerce marketplace, peer-to-peer financial transactions, content distribution, healthcare data exchanges, supply chain, and customer services. Blockchain applications are no more the pie-in-the-sky dreams of early adopters. This technology has the potential to revolutionize practically every sector and solve your company's greatest challenges. Smart and strategic use of new technologies, can make your company more secure, transparent, and ready for whatever comes next. FAQ What Is the Impact of BlockchainTechnology on Business Models? Blockchain implementations can minimize transaction costs such as negotiation and search expenses and eliminate intermediary costs. This means that by 2022, blockchain technology is expectedto cut costs in the financial sector by$15–$20. What Is the Size of theBlockchainMarket? The global blockchain market was valued at $1.57 billion in 2018 and is expected to more than triple to 163 billion USD by 2027. What Does BlockchainMean for Business? A blockchain is a digital record of who owns what, and it is constantly updated. The time, date, dollar amount, and participants in a transaction are encrypted into a "block" that is connected to other blocks to create a chain.

Article | June 30, 2021

Although the cause is as yet unknown, this breach is likely to have the same culprit as most large scale data breaches that have occurred in recent memory, through a simple misconfiguration of a server or shared repository. As the sheer size, scale, and footprint of global technology vendors like Microsoft, Facebook, Google, and so on continues to grow, so too does the opportunity for simple errors to make their way into some infrastructure configurations that can then be exploited.