TECHNOLOGY
44
W e at Nokia believe that we are in front of one of the biggest upsides in the whole telco industry in a long time , thanks to the digitalisation trend and the Internet of Things ( IoT ). IoT will add a massive amount of new connections ; and the digitalisation trend creates a growing demand for a multitude of diverse connections including use cases with high bandwidth , low latency and ultrahigh reliability . 5G is the ideal solution to respond to this demand , however 5G is much more than simply a new Radio Access Network ( RAN ) generation . It comes with sophisticated software that affects all parts of the network , including how service providers operate the network and how they offer profitable and compelling services . It is a whole new business system that enables service providers to respond to the massive demand fuelled by the IoT and digitalisation trend in a profitable way .
5G requires a tight connection between network , operations and business with all the systems and processes working together to deliver and monetise the 5G use cases for consumers and enterprises . Software is the key for realising 5G capabilities in an efficient way . Technical capabilities such as dynamic slicing of mobile networks and a service-
MARCH 2019