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The 5G-powered enterprise will be less constrained by its physical location thanks to vastly improved service delivery capabilities that improve employee and customer engagement. The next generation of wireless technology is closer than you think.
Over the past few years, a coalition of companies, industry associations and regulatory bodies from across the globe have been working together to advance the regulatory environment, develop and test 5G technologies and establish a broad ecosystem around infrastructure and device readiness.
In 2016, we saw massive progress in the development of key components like antennas and radio chipsets. Additionally, we’ve seen the validation of core mobility technologies – including handovers and multi-cell networking – and witnessed demonstrations of multi-Gbps data rates and low-latency performance. These innovations have brought us closer to a faster, more reliable, and more capable wireless future.
When that future arrives, 5G capabilities will revolutionize our wireless networks. Mobile users will experience networks an order of magnitude faster than what we have today. Thanks to sub-millisecond air latency, the network will feel instantly responsive while simultaneously supporting ten times as many devices at significantly lower power consumption profiles. These are the foundational requirements to enable the rapidly growing Internet of Things (IoT).
As we demonstrate more of the technical innovations of 5G networks, we see more implications for business. We know that next-generation 5G networks will transform companies across industries and geographies. The 5G-powered enterprise will be far less constrained by its physical office location, thanks to vastly improved service delivery capabilities that improve employee and customer engagement through enhanced business communications, new services, and IoT. It all leads to businesses that are more robust, more integrated, and more productive.
Alok Shah, Vice President, Strategy, Business Development, and Marketing, Samsung Networks
It’s happened to all of us at one time or another, you try to check out at a store and you are you are met with an, I’m so sorry; our system is down. Any way you can pay in cash? Or another common scenario, you are calling a business regarding some incorrect charges on your account and the unfortunate reply you hear is: We cannot view your account at the moment; our systems are not cooperating with us. Now flip over to the business owner’s vantage point and imagine the thoughts going through their heads. Having downtime/network failures will cause at least one of the following backlashes:
Loss of potential revenue
According to a survey done by creditcards.com, about 78% of consumers prefer to use debit/credit cards, whereas 9% prefer cash. When your network is down you can possibly lose about 78% of consumers who would prefer to use their credit cards. This doesn’t even include those that would prefer to use gift cards, store credit cards, and other methods of payments.
Employees will have to manually phone/input every credit card transaction
Phoning in every credit card transaction can result in a long wait and leave the customers with a very inconvenient feeling, to put it nicely. This can cause distrust between your business and the consumer. Unhappy customers want to voice their frustrations and they have a platform on social media sites such as Facebook, Twitter, and let’s not forget the ever important Yelp. Some customers may just lament their disappointment but others may never return.
If your employees have jobs that require the network to be fully functional at all at times, then an outage would be a management nightmare. For others, employees are being paid to wait for the network to be restored.
If your business is not properly prepared for the impact of a network failure then you will have to pay to get it repaired. The cost to repair such outages could range from the hundreds to the thousands of dollars. Not being prepared to handle network failures could be costly.
Network outages are going to happen and can have a huge impact to your business which can inevitably, damage your brand. There is a simple way to mitigate this risk. First Communications is now offering 4G LTE Failover as a premise based solution that uses routing intelligence between the primary connectivity router and the cellular based failover device. This routing intelligence allows the device to detect when the primary connection is no longer working and automatically re-routes pre-defined critical business traffic to the 4G LTE connection. With these services, you can stay connected to your mission critical applications, have a reliable back up, and continue to serve your customers. First Communications offers this as a way to protect your most important assets and most importantly, your brand.
By our partner company:
First Communications / Firstcomm.com / Tony Davis
Rising demand for advanced bandwidth requirements has contributed in being a major driver for the growth of global optical interconnect market. Bandwidth capacity needs to be increased along with reduced power consumption within data center networks which has increased the demand for efficient interconnects. These functions are not available with traditional interconnects which are copper based thus further enhancing the utility and in turn the demand for optical interconnect market globally. Other than this, there has been a rise in network traffic which has resulted in higher demand for optical interconnect devices for sustaining in future along with other web applications in cloud computing pushing the growth of global optical interconnect market. In addition to this, currently it is seen that data center networks require high power for managing its services which is where fibre optics are used thereby increasing the application of optical interconnect technologies as well as positively driving the demand for optical interconnect market. Network connections in long distance traffic has been a major restraint for the global optical interconnect market. Loss at high frequencies in electrical lines and fibre optic cables is quite high which has to some extent reduced the growth of optical interconnect devices and technology. Cost is another important determinant having a major effect in the global optical interconnect market. High costs are generally associated with application of optical interconnect technologies which has negatively affected commercialization of this technology and all these factors have acted as major restraints for this market. Optical interconnect technologies has growing applications in automation sector for handling network tasks previously done manually which has huge growth opportunities in future helping the global optical interconnect market to grow.
Geographically, it is North America which holds the major market share in the global optical interconnect market. Huge internet penetration resulting in higher usage of data center networks has formed a major reason for the growth of optical interconnect market which are extensively used for managing networks. In addition to this, presence of huge internet based business like Facebook and Google among others have been a major growth driver for optical internet market in North America. Asia Pacific has been the fastest growing market for the optical interconnect market. Growing internet penetration along with rising technological advancement has been the major factors driving the growth of optical interconnect market in Asia Pacific with China, Japan, South Korea and India being the major growing countries.
Some of the major players operating in the Optical Interconnect market include Furukawa OFS (Japan), 3M Company (U.S.), Acacia Communication (U.S.), Finisar (U.S.), Oclaro Inc. (U.S.), Dow Corning (U.S.), Huawei (China), Intel (US), Infineon Technologies (US) and Mellanox (U.S.) among others which are present in the market globally.Transparency Market Research
Now that Apple has pronounced the end of the headphone jack, the company is aiming to prove that it can do better than the existing wireless options.
At its much-hyped event in San Francisco on Wednesday, the iPhone maker introduced a cordless earbud that it claims is more power efficient than Bluetooth devices. AirPods, as they're called, have their own communications chip, Apple's Senior Vice President Phil Schiller said on stage.
"It makes no sense to tether ourselves with cables to our mobile devices," Schiller said. "Until someone takes on these challenges, that's what we'll do."
The iPhone 7 will be the first smartphone without a headphone jack, marking Apple's latest effort to strip hardware from devices. There are plenty of Bluetooth options on the market, including from Apple's Beats business, but the products have been criticized for their high price and spotty quality.
Apple is betting that improvements in computing power and wireless communications will usher in a new era of cordless gadgetry. Apple's AirPods include double tap access to Siri and five hours of listening on a single charge, the company said.
Published by CNBC