In our ever-changing technological world, we constantly need to adapt to new updates, software systems, and technologies. As seen with the recent pandemic, even if you stay up-to-date on new technology and business trends, unforeseen events such as the pandemic have changed the entire business world. With the 5G network and devices beginning to roll out, you may be wondering what 5G technology is, and will it have an effect on your business?
As providers of colocation servers, cloud servers/VPS, and other networking services, at Lightwave Networks, we constantly update and innovate to keep up with the changing digital landscape. We believe it is vital for business owners to stay informed, as network changes will undoubtedly have a significant impact on every business sector.
You most likely already use 4G technology at your current business. The ‘G’ in 4G and 5G stands for generation, as each ‘G’ means a new generation of wireless technology. 4G technology ushered in LTE and WiMax, essentially increasing download and network speed.
5G will also have an increase in speed and networking capabilities compared to 4G. This speed is possible because carriers can now utilize high-band airwaves, which are short-range airwaves previously not usable by 4G devices and networks. While 5G will increase network speed, wide channels allow for access to more frequencies. 5G speed is relatively similar to 4G but will provide more seamless and better connectivity.
While you probably have seen cell phone carriers advertising 5G devices and networks across their companies, most of the opportunities that 5G has created will most likely not be adequately utilized for a few years. For example, 4G networks and devices began to roll out in 2010; however, major changes were not seen until 2012 and 2013. LTE and WiMax allowed for creating revolutionary businesses such as Uber and Snapchat, completely changing the transportation and food industry. 4G in its later stages also allowed for larger video calling integration across mobile devices, increasing connectivity in the business world. This trend means that devices and networks most likely will not fully utilize 5G capabilities for some time, and while we can infer some changes, the future of 5G is still largely unknown.
Big 5G changes are expected to start arriving in 2022, and if the 4G rollout is any indicator, it will have significant impacts on nearly every business sector. The main improvements will be how various servers, devices, and applications can communicate data with each other. Data transmission between devices uses a lot of 4G LTE power; however, with 5G’s ability to utilize broader channels and more frequencies, we can expect various devices and applications to share data at blinding speeds.
Most of the benefits are believed to be strictly speculative at the moment. Many think that 5G will play a prominent role in autonomous vehicles, smart homes, and changes in the healthcare industry. In fact, the healthcare industry is already moving to more remote treatments and diagnoses, just to name a few changes. As a business owner in 2021, you must be open to changes and be constantly adapting.