83 % OF FORTUNE 1,000 TECH LEADERS PLAN TO TRANSITION TO 5G BY 2023
ABB survey uncovers top priorities and challenges for wider-spread 5G deployment ; security and reliability take centre stage .
Consumers are already starting to experience 5G network speeds on their mobile devices , and at a business level , it may be as little as two years until enterprises start realising the true impact of 5G . Once fully deployed , 5G has the potential to drastically transform enterprise operations and industries .
5G represents a seismic shift that has the potential to unleash a new generation of innovation and optimisation for businesses .
That ’ s one of the key takeaways from the new data report from ABB Power Conversion , Destination 5G : How Global Fortune 1000 CIOs and CTOs are Charting Their Course . criteria surrounding the selection of network and infrastructure providers , as well as business use cases , priorities , key considerations and hesitations .
Based on a survey of 204 Chief Information Officers ( CIOs ) and Chief Technology Officers ( CTOs ) in the top 1,000 companies on the Global Fortune index across the US and select European countries , the report reveals new insights into how global technology leaders are navigating the transition to 5G . It examines transition timelines , level of investment , implementation plans and evaluation
According to the report , when it comes to 5G transition timing , 83 % of respondents have either transitioned to 5G or anticipate doing so within the next two years .
While many survey respondents are getting ready to embark on their 5G journey , or have already , the course to 5G implementation is not one-size-fits-
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