Wednesday, February 24, 2016

5G networks will do more than just speed up your smartphone

This year’s Mobile World Conference in Barcelona, Spain had a panel of industry executives talking about how 5G could impact big data, healthcare and more. 5G is expected to be 100 times faster than 4G LTE, as well as have approximately 1,000 times the data capacity. Mark Zuckerberg said it best when he said “a 5G user could download a two-hour film in one second”. Being able to quickly download large amounts of data will definitely benefit mobile users but also enable the healthcare industry to develop and integrate this technology into more wearables and other devices that will lead to more big data analytics.

More Big data in healthcare will allow healthcare professionals to make better strategic decisions on how to cut costs and deliver care more efficiently. This analysis could also lead companies to find cost savings by analyzing insurance plans to find what amount of insurance reaps the most reward for employee health, thus reducing sick leave and increasing productivity as well. This revolution in technology will usher in the age of the Internet of Things (IoT).

The Internet of Things will be invading every corner of our lives as 5G technology becomes available to the mass market. A report compiled by Will McKitterick, a senior research analyst at Business Insider speculates at trends that will occur as 5G becomes a reality. Key points relate to the challenges that the wireless communications industry will face.

The report finds that customers will continue to become more loyal to their wireless carrier, even as competition increases. Carriers will focus more on discounted data packages to lure in new customers and change from discounting mobile-devices to financing them. Increasing competition between wireless carriers will continue to lengthen the smartphone replacement cycle, challenging mobile software and handset developers. The report also speaks to the fact that mobile subscriber growth is slowing as the market becomes saturated with better, longer-lasting devices which will drive the wireless industry to find new sources of revenue in connected tablets, cars, and IoT devices. As 5G becomes a reality we will begin to see wireless carriers vying for the new spectrum to expand their reach. The age of 5G will also create new legal and ethical challenges which we will surely see making their way through the Judicial system over the next decade.

Source: Business Insider

1 comment:

  1. I read an article that relates to the ongoing advancement of the Internet of Things and how it is expanding to continually shape our lives. As the Internet of Things creates opportunities for more direct integration of the physical world into computer based applications, the results can improve efficiency for things such as healthcare, transportation etc.

    Volvo Ditches the Car Key to Make Way for the Future

    Volvo is establishing a new evolution to car keys. Car keys moved from being able to open doors and start engines to incorporating panic buttons and the ability to unlock the car from a distance. More recently, can a push start feature which lead to the elimination of the actual key part. Now Volvo is introducing a way to completely eliminate a need for a key, or key type device in your pocket. Starting next year, Volvo will sell cars without keys. Instead customers will use their phones to lock and unlock their car through Volvo’s app. Volvo has not revealed how this app plans to work in controlling the car functions beyond the use of the phone’s Bluetooth capability. Immediately, this leads to concerns of hacking the phone and having access to control car features. The company says, “Volvo Cars’ digital key means that sharing a car will become both simple and convenient.”

    As Volvo introduces their new digital key to the industry, it allows for people to control things in one central location, their smartphone. But as we have seen many times before with mobile apps and networks, they can be the low-hanging fruit for hackers to easily exploit. As you mentioned, we have increased technology use in our daily lives and the Internet of Things is expanding, creating new legal and ethical challenges. The legal issue with using cellphones while driving increases as society continues to create a dependency on smartphones to function in daily activities including controlling our car.

    http://www.wired.com/2016/02/volvo-kills-the-car-key-to-make-way-for-the-future/

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