Thursday , March 4 2021

According to MIT, 5G is expected to beat A / NZ by 2020

The new MIT Technology Review Insights report, along with Huawei, concludes that digital transformations in Australia and New Zealand are already very successful, especially for internal systems, products and services.

The digitization of manufacturing and supply chains lags behind, but will be significantly accelerated by launching the 5G.

Message From Follower to Leader: Digital Transformation and Road to 5G are based on a cross-sector industry survey on A / NZ plus in Singapore, Malaysia, the Philippines and the Indonesian markets, as well as expert interviews.

It looks at how companies use the fourth industrial revolution (4IR) technology, such as cloud, IOT, artificial intelligence (AI), large data, robot technology, block diagrams and virtual and expanded reality, as well as preparations for the 5Gs to be opened.

The main findings are as follows:

  • Companies have already made significant progress in the digital transformation of internal systems, products and services. Moon and IoT is the most prominent 4IR technology, and 29% and 34% of respondents have already used them for one year.

  • Improvement customer experience is the only driving force behind technology introduction across the region, then increasing decision-making speed and increasing performance. The high cost of deployment is the first challenge for further digitization.

  • 5G Waiting faster than later. Two thirds of respondents report that their organizations are actively negotiating for the next 5G, but only 46% say they have a good understanding of the benefits of 5G. However, 65% expect 5G to be available in 2020, and another 18% is expected to have a more reliable date of 2021.

  • Cooperation and development of ecosystems continues to promote digital transformation. Only 35% of respondents believe that there is sufficient infrastructure in terms of regulation, connectivity and public services to support further digitization, which suggests that much remains to be done.

  • About 82% of respondents think infrastructure improvement costs is a major 5G barrier that telecom operators will have to overcome, while 83% believe telecommunications to play a leading role in the next 5G ecosystem. Another 70% believe that governments should establish a 5G collaborative environment.

"This study reveals that leaders in the Asia-Pacific region are rapidly emerging technologies and most are planning to launch either AI, or automation, or IoT over the course of the year," says rapporteur rapporteur Claire Beatty.

"They also have high expectations that the 5G will be available in the next two years and will be the best-performing industry, financial services and automotive industries."

To prepare this study, MIT Technology Review Insights reviewed the digital transformation agenda in the Asia-Pacific region and the effects of 5G.

The survey was based on a survey of 191 senior technology and strategy leaders in Singapore, Malaysia, Indonesia, the Philippines, Australia and New Zealand, as well as several interviews with experts from all over the region in July and August 2018.

The report, sponsored by Huawei, is editorially independent and expressed in the overview of MIT technology reviews.

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