From robotics and autonomous driving to 3D models, it’s all possible through 5G’s multi-gigabit speeds and single-digit millisecond latencies.
But amongst the raft of 5G announcements we’re seeing, new cities added to the list of trials, new devices and new applications we need to ask who will emerge as the leaders of the 5G future we’re now building?
What are the factors that will separate winners from losers when we look back just a few short years from now?
It comes down to three critical capabilities to gain 5G leadership. Any CSP looking to monetize their network in radical new ways, reach new customers, expand their business far beyond communications services needs to be thinking of how these capabilities play in their business
Imperative #1: Become a Master of the Four Tech Superpowers as 5G Lights Up
The past year has been dedicated to the power of intelligent connectivity across all those devices, as the number of 5G connections ramps up to 1.2B by 2025. Increasingly, 5G plays a dual role as both a driver of new disruptive business models and as the essential converger of the four tech superpowers:
· Artificial intelligence (AI)
· Internet of things (IoT)
The combination of AI plus IoT and machine-to-machine (M2M) technology presents unprecedented opportunities for carriers to evolve their core and edge service offerings in areas like mixed reality. It’s still early days, but the winners will be the ones with an ability to integrate these superpowers to form an engine that transforms the way we live and work.
Imperative #2: Build a Cloud Services Culture and Mindset
The last decade of tech innovation centered on cloud-enabled services. A new generation of “cloud-native” service providers led the charge and captured the bulk of the opportunity. In some ways, the shift to 5G marks the “cloudification” of the telecom industry, which requires a new mindset and culture.
That means embracing the first rule of the cloud, which is to ruthlessly automate everything. It also means embracing core tenets of modern software development like continuous delivery, which allows teams to compress and accelerate their innovation cycles. Equally important are business model transitions from existing services to a new service model encompassing concepts like marketplaces, SaaS services, shared revenue, shared cost and multi-tenancy.
Many of the leading telecom service providers around the world are trying these essential principles that define a cloud-centric culture. It gives the opportunity for CSPs to finally become a ‘first-class citizen’ in the cloud economy.
Imperative #3: Modernize and Virtualize Your Network
CSPs must modernise their networks to compete in a new world where 5G-powered services can run alongside and on top of hyper-distributed clouds.
It’s not an overnight fix – but the answer to doing so lies in virtualizing network functions, which enables CSPs to meet the massive demand for data-rich services. With 5G as a catalyst, several forms of convergence come into play from Wireless and wireline; IT and network; and consumer and enterprise.
For the first time, due to their uniquely distributed architecture, CSPs have the opportunity to embrace this convergence and become leading providers participating in a whole host of new applications. With this transformation to software and software-defined worlds dictated by agility, service Assurance will be a key element of getting existing and new networks operationally stable.
Embracing the Wave and Gaining 5G Leadership
These are unprecedented times for the communications and media industries, as a once-in-a-generation opportunity takes shape for CSPs to become more agile than ever before.
With over-the-top (OTT) providers and mobile virtual network operators (MVNOs) bringing new services to market quickly, CSPs can no longer survive by taking 12-18 months to offer a new service.
Embracing the wave and gaining 5G leadership requires investment and the ability to adjust to different infrastructure and business models. But, it’s what service providers need to do to become leaders in this new economy.
AppDate: A security boost for schools
In his latest app round-up, SEAN BACHER features Karri, ChatBack, Charge Running, Bookings Africa and HomeChoice.
With large amounts of cash and very little security, schools are now becoming an easy target for criminals. Numerous schools across the country have already been raided, with several serious incidents and even fatalities.
In partnership with Nedbank, Karri has introduced a mobile payment app to address this growing problem. The app enables parents to send money securely to their child’s school. Hundreds of schools countrywide are using Karri, with most now refusing to accept cash payments from parents.
The app offers a simple alternative to children bringing cash to school by allowing parents to make payments via an app on their smartphone. It is free for parents to use and there are no hidden costs or sign-up fees for the school.
Platform: Android and iOS
Expect to pay: A free download
Stockists: Visit Karri here for downloading instructions.
Visit the next page to read more about ChatBack, Charge Running, Bookings Africa and HomeChoice.
ParkUpp is here to sell your unused parking spot
Prop-tech startup ParkUpp is helping residents and property owners to make some extra cash from their unused parking. This is proving to be a winner for JanuWorry, the month that often brings financial stress post the December holidays for many individuals and businesses across South Africa.
ParkUpp already has over 4500 listings on its platform, predominantly in Johannesburg and Cape Town. They include The Union Castle building owned by Izandla Properties, Design Quarter on William Nicol Drive, along with other commercial and residential parking facilities.
The app has also been awarded some accolades from property industry incumbents such as the Women’s Property Network (WPN) for Young Achiever’s category and South African Institute of Black Property Professionals (SAIBPP) for Disruptor of the Year. Also headed to Silicon Valley for a two week bootcamp with Kingson Capital, a South African based Venture Capital firm.
This award winning platform not only creates extra income from empty parking spaces, it also decreases drivers’ anxiety of parking in unsafe space and also saves them a buck. In the Cape Town CBD, with over 45% cars parked on-street: paying an average of R18/hour, amounting to R2880 a month, ParkUpp users are able to save up to 50% by renting out a parking for R1500.
ParkUpp co-founder Michael Savvides says home owners or businesses often get frustrated when they find someone illegally parked in their bay. “Instead of being frustrated, list your parking during the times it is unused for people to park in your space legally. No one really wants to knock on someone’s door to ask for parking so our platform is removing that uncomfortable feeling.”
“We create trust between owners and drivers through our vetting processes. We save drivers 50% on parking costs and generate extra income for the owners and we also provide access to spaces that were previously inaccessible,” he explains.
“Our current focus is to increase occupancy rate for the listing parking bays, businesses and individuals who need parking can visit the platform to make a booking or suggest a location where you need parking,” he concludes.
As a driver, should you not find your preferred parking, email the team with suggested locations at firstname.lastname@example.org in order for them to find you safe, secure and affordable parking for you.