July 3, 2022

70 percent of Middle East enterprises intend to invest in 5G networks.


cio review

Over 60 percent of Middle Eastern organizations want to invest in 5G-enabled campus networks. The region has become a global leader in advanced connectivity.

FREMONT, CA: According to a new Accenture and Microsoft study, over 60% of Middle Eastern organizations want to invest in 5G-enabled campus networks to digitally modernize their operations. The analysis found that although they have various degrees of interest and investment in new technologies, 5G stands out as the one that will assist in digital transformation.

It indicated a big shift in the Middle East as end-to-end digital transformation occurs via 5G and technologies such as cloud, edge computing, AI, and IoT. It won’t be simple since enterprises are worried about the complexity of accompanying technology integration, ROI, and picking the right partner ecosystem and platform for solving.

According to Giampiero Terzi, managing director of Accenture’s communications, media, and technology practice in the Middle East,  the Middle East is ripe for businesses to profit from next-generation networks and technology.  The region has become a global leader in advanced connectivity. Over the last several years, 5G technology has shown its potential in various industries, including transportation, health care, education, energy, mission-critical communications, smart cities, and even climate change.

According to the GSM Association’s Mobile Economy 2021 research, mobile technologies and services created $4.4 trillion in economic value in 2020 or 5.1% of global GDP. By 2025, that sum will have risen to $5trillion.

PricewaterhouseCoopers estimates the value of 5G applications in smart utility management at $330 billion by 2030. According to the Progressive Policy Institute, 5G would produce 309,000 employments in 15 years.





Source link

Leave a Reply

Your email address will not be published.