5G Technology and its Impact on Digital Business and New Technologies
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This report discusses the emergence of 5G technology, its importance, development, uses, technological platforms and software, and its impact on businesses and organizations. It also explores the relationship between 5G technology, digital technology, and business management theories.
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DIGITAL BUSINESS AND NEW TECHNOLOGIES
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 CONCLUSION................................................................................................................................7 REFERENCES................................................................................................................................1
INTRODUCTION 5G technology is the new generationtechnology addition in the broadband cellular networks which is the successor of the 4G network. The new technology has higher bandwidth which helps in connecting with the large number of devices and provide customers with high streaming and downloading speed (Dangi, and et.al., 2021). The report will discuss the emergence if the 5G technology I he World. It also emphasized on the importance of the 5G technology and how it was developed. Further, the report will specify about the 5Gtechnology and its uses., it will also present the technological platforms and software used by the 5G technology. The report will discuss the type of businesses and organization which uses the 5G technology and how it is an effective tool for the businesses. Lastly, it will discuss what is the relationship between the 5G technology , digital technology and the old and updated theories which are used in structuring and practising of the business and management. MAIN BODY. a.The 5G technology is the emergence of innovative technology in the wireless technology with increase in the speed and data connectivity of the cellular networks. It had contributed $12.4 trillion of the economic output globally and supported millions of jobs worldwide. The %G technology is important because it improved the accessibility of the vehicles by updating them and providing the customers with the automated and new level of personal satisfaction. With the help of 5G, the reach of the broadband had extended. It improved the speed and the bandwidth and helped in innovating new 3D holograms, augmented reality and virtual. It helped in easily and quick connecting of the people worldwide (Hoeschele, and et.al., 2021). In the current era of COVID – 19, the 5G technology has contributed by providing the students and teachers with the accessibility of networks and making it easier for the students to learn and study hassle free and avoid any network issues. b.The 5G technology was developed in the South Korea by using the Samsung, Nokia and Ericsson as the base stations. The development of the technology is introduced in the 2015 whitepaperwhichwaspublishedbyTheNextGenerationMobileNetworks.Withthe continuous evaluation of the technology ,it kicked out in the year 2015 to bring the leadership in the commercialization of 5G network. Till the year 2020, more than 1 billion people have adopted the 5G network.
c.The 5G technology is the fifth generation of technology in the world of cellular networks. It provides lower latency, high speed and more capacity as compared to the 4G LTE cellular network. This is the robust and the fastest technology in the world till now. The 5G network provides the customers with the high speed in the transmission of data and information at the speed of multi gigabit (Adebusola, and et.al., 2020,). The 5G tech is based on the Orthogonal Frequency Division Multiplexing. 5G uses bandwidth technologies which includes mm Wave and sub – 6GHz. The technology resulted into expansion of the use of resources of Spectrum with the limit of sub 3GHz to 100GHz. The 5G technology is used in transforming digitally the nations worldwide. It is used to provide broadband services in the rural and urban areas,with the help of low latency communication enable the communication easily. It is used to stream the high quality videos and movies and develop a communication in the IoT environment(Ullah, and et.al., 2019). This helps in tracking the locations accurately and providing with the real time analysis of the data and information. d. There are various technologies and software used by the 5G technology to make it easier and quicker for the people to surf the internet. The technologies include mm Wave that is the Millimetre Wave Technology, this help in reducing the network latency and providing higher throughput of the network. The mm Wave helped in reducing the overhead cost. It provides the customers with grater frequency bandwidth which increases the capacity of network throughput. Full duplex technology helps in reducing the usage of radio frequency directly to the half and doubling the connections on the cell towers (Pawlak, Krawiec, and Żurek, 2019). MIMO that is Multiple Input Multiple output is another technology used by the 5G technology which use various antennas attached with the 2D phased array. The system is attached to the station at the base and helps in controlling and reception of the transmission of radio signal. The software used in the 5G technology is OFDM that is Orthogonal Frequency Division Multiplexing which is used for encoding. e. The 5G technology is beneficial to all the types of businesses and organizations. The industries and businesses at the global level require the technology to interact with the business partners, employees and customers and it also helps in transferring the data and applications at higher speeds for the conduct of operations and activities (Alhuseini, and Olama, 2019). It helps in providing reliability and support of the businesses by offering cloud storage systems. It results
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in improvement of the operational risk and productivity of the businesses such as transport, mining and utilities services. The 5G technology is also beneficial for the institutions and the organization for conducting lectures or online classes. It provides both the teachers and students a hassle free and uninterrupted learning environment. The education system also adopted the variety of platforms which are connected with the 5G technology thus improving the pattern of learning. f.The business uses the 5G technology in strengthening their data analysis and advancing thefacilitiesofartificialintelligenceandautomation.Thecompanieswiththeupdated technology and machinery requires the5G technology to increase theefficiency and the productivity of the equipment. The businesses can use the technology for managing their assets and it helps in speeding up the process of managing with the accurate data analytics (Taboada, and Shee, 2021.). In thewarehousing businesses, it helps in tracking the use of inventory and triggering the action to maintain smoothness in the supply chain management. The higher bandwidth of the 5G network helps the business in uploading and sharing of the huge files and presentations quickly. It also helps in connecting with the remote employees and workers through HD communication means easily. The digital world is transforming with the quick pace all over the world. The companies are adapting with the new and emerging technologies to survive in the competitive world. The history regarding the technological advances has accounted major strategic decisions. Though the organizations are developing with the digital and 5G technology, it is becoming difficult for them to keep pace and work in the digitalized era. The adoption of digital technology focus on setting focused and clear strategies for the management structures of the organization. The organization which are digitally aware and focus on transforming the outdated technology with he updated technology may start the business with the central models. The businesses develop the technology such as Marketing automation , this technology will help the organization to automate, streamline and ascertain the activities related to marketing (Gbadegeshin, 2019.). The 5G technology will ease the storing and managing the space for the marketing data and information and help in automating the process of marketing. This will improvise the customers retention and cross selling of the organization. Thus, the
technology updates the outdated, marketing techniques making it productive and efficient for the selling of goods and services. The digitalization in the organization helps in improving the management of the projects and help the businesses in developing the structure of the resulting in reduction of the wastage of time in managing of the resources, reduce the efforts and costs. Updating with the 5G technology helps in structuring the management in such a way that it creates a centralized space which will help in organizing and understanding the working of project (Bouwman, Nikou, and de Reuver, 2019.). The management theories focus on efficiency and production of the management and ensure that the project deadlines are timely achieved thus the digitalization will help on easing out the tasks and projects. The digital technologies reshape the industries and the companies and ensure change in the organization at the large scale. From the researches, it was found that the change in the technology have resulted in elusive success to the business theories and management structures. The digital transformation has achieved the success in the high tech, telecom and media industry with 26% whereas in other industries for example, oil and gas, pharmaceuticals it is challenging to updates with the digitalization. Updating with the technology emphasize on the updatingtools of the digitalization thus making the information regarding the organization accessible throughout the world. This will increase the success rate of the organization and help in setting the business theories digitally. This will help the businesses in implementing self serve technologies to the employees and the business partners. For increasing the revenue generation and the productivity of the organization, it had to focus on the customer relationship management as it is approach towards the management of organization's customers and retain them. With the help of digitalization, it is easier for the management to manage and keep the data secure of the customers. The new and updated CRM software developed with the new and emerging technologies helps in attracting and retaining the customers and coordinate the activities of communication thus ensure no communication and strive for the growth of business (Moşteanu, 2020). The businesses and organization use the local and traditional servers or computers to store and organize the data of the users or company's confidential information. With the update in the technology, there are various changes in the storage system. The digitalized World have provided the facility of cloud storage system to access and store the data, information and files in safe and secure manner
online. The cloud storage system enables to have greater flexibility and reduction in the cost and provides with the regular back up of the data and information (Fauzi,and Sheng,2020.). The development of technology and digitalization helped the organization in reducing the operating and supporting cost of IT, thus resulting in increased productivity of the employees. Thus, it is clear that the digitalization and updated technology share a relationship with the business theories and practices in developing the organization's functions and management with the help of 5G technology. The use of 5G technology resulted in many advantages to the organization. It also focused on improving the success rate and providing the customers with the highly developed and functional services of the organization. This will attract and retain the customers and will also increase the efficient and productivity. The digitalization is the need of the businesses in today's world because as the Covid- 19 pandemic had caused huge destruction in the lives of the human beings and business, the technology and the digitalization was the only way to survive and connect with the people. The digitalization made it easier for the organization to conduct its operational activities and assist the employees and workers working remotely (Amankwah-Amoah, and et.al., 2021. ). It helped in assessing an analysing the working of the organization and ascertaining that the customers are not deprived of the products and services, thus with the help of updated technology and digitalization, it is easier to provide the customers with the help of online services. CONCLUSION From the report on the 5G technology, it s concluded that updating the technology and the network had eased the transformation of businesses and the individual lives. Digitalization updatesthestructuresandtheoriesofthemanagement.Thereportconcludesabout5G technology and its importance. It presented how the technology was developed and what are the uses of the 5G technology. Further, it emphasized on the platforms and software that are used by the 5G technology. It also presented the organization and business using the updated technology and in what ways it is effective for them. Lastly, it presented a discussion on how digitalization is related to the business practices and theories and how it helps in developing their structures.
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Ullah, H., and et.al., 2019. 5G communication: an overview of vehicle-to-everything, drones, and healthcare use-cases.IEEE Access.7. pp.37251-37268. 2