5G will catalyze the next wave of the Internet of Things (IoT), but organizations express optimism and anxiety as they look to the future.
Findings of a new EY study, Maximizing the 5G opportunity for enterprise, highlight the positive factors driving the enterprise opportunity in 5G. Future spending intentions are healthy, while enterprises recognize 5G’s transformational potential and have a range of application scenarios in their sights. Yet strategic, financial and operational challenges are mounting. Demand for end-to-end solutions is growing as organizations seek 5G upgrade paths in the IoT, indicative of a wider shift in organizational attitudes to their technology and telecommunications suppliers. The bottom line? Less than half of the 1,012 respondents surveyed have confidence in their organization’s ability to successfully implement 5G-based IoT.
The study outlines three important steps that 5G providers should take to help their business customers make the most of a 5G-IoT world.
Please click here to download the study.