A key pillar in the global economic recovery.
5G was one of the most exciting prospects as we entered 2020, but the world has now changed forever. COVID-19 has delivered a terrible blow causing loss, pain and heartache, and an economic downturn.
An indisputable fact is that the need for organizations to be digital has never been greater, and 5G along with edge computing will likely play a key role in the global economic recovery.
Across all industries, our clients are telling us about the imperative to accelerate their digital transformation. Prior to COVID-19, digital had momentum – everyone could see the potential. Now the need is greater, perhaps even one of survival. Connectivity plays a vital role in the evolution of digital, and this has been seen in both fixed and wireless over the last decade. While the 5G business case was strong before, it’s even stronger now.
Subjects report
The enterprise value: The deployment of 5G technology can help companies solve business challenges, reshape value chains, enhance revenue models, and optimize operations across many industries.
The relevance of 5G+Edge: Edge computing is key to unlocking the financial benefits of 5G, and in thoughtful combination 5G+Edge can create significant incremental economic value for those in the ecosystem.
Everywhere, anytime communications: Few doubt the incredible potential of 5G. It’s set to unleash the power of digital across multiple sectors, making factories, warehouses, workplaces, hospitals and homes more efficient, transportation faster and more convenient, and cities smarter.
5G+Edge ecosystem: When it comes to the intersection between 5G and edge computing, telcos once more have to look beyond mere connectivity and identify new ways to realize value.
The 5G+Edge opportunity: While every sector is likely to benefit from 5G and edge computing, we wanted to highlight the sectors where the new services delivered as a result of their combination was most illuminating.
Expanding the core: Connectivity alone may not be enough. Telcos’ traditional revenue sources are barely tapping into the huge potential of 5G and edge computing.
Changing roles for telcos: There are a number of things that telcos can do to enhance their position in order to capture the maximum amount of value through the ecosystem.
Outpacers can capture more: At KPMG we believe that 5G and edge computing represent the platform on which the next industrial revolution will be delivered. We call companies that lead in digital the ‘Outpacers.’
Download report: 5g-edge-computing-value-opportunity
Source: https://assets.kpmg/content/dam/kpmg/xx/pdf/2020/06/5g-edge-computing-value-opportunity.pdf 14 06 20
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