University Digital Technology and Business Report: 5G Analysis

This report examines the application of 5G technology within a business context. It begins with an introduction to digital technology's role in creating value and covers findings from a previous assignment (CW1) analyzing 5G technology, its high speeds, and low latency. The report explores the use of OFDM technology, market competitiveness, and the impact of 5G on business operations. It also provides a conclusion based on the findings of CW1, highlighting the revolutionary impact of 5G technology on business transformation. The report identifies emerging challenges such as implementation issues, complex network architecture, investment requirements, and security concerns. Recommendations are provided for implementing 5G technology, and the benefits for businesses are outlined, including faster communication, increased IoT capabilities, and cost savings. The report concludes with references to relevant sources.

DIGITAL TECHNOLOGY
AND BUSINESS

Table of Contents
• Introduction
• Findings of CW1
• Conclusion from the findings of CW1
• Emerging challenges that can effect its development
• Recommendations based on findings of CW1
• Benefits of 5G technology for business houses
• References

Introduction
• Digital technology in the context to business is used for creating a
new value in their models, intrinsic capabilities and customer
experiences
• This project report is based on the findings of an assignment on the
topic of 5G technology that has been covered in CW1
• It also consisted of conclusion and recommendations in relation to
findings of CW1.

Findings of CW1
• CW 1 is based on the analysis of a topic titled '5G technology'
• 5G is fifth generation in regards with wireless communication
technology.
• It essentially used higher frequency bands through which it
allows lower latency as well as faster speeds
• 5G technology is considered as revolutionary initiative that is
undertaken by organisations
• This technology is considered as important due to its high-speed
as well as low latency which help organisations to adapt digital
technology in an efficient manner.

Continue
• 5G technology has bring market competitiveness and
attractiveness in industry and helps organisations to make their
products more viable
• Technology USED IN THIS is orthogonal frequency division
multiplexing (OFDM) .
• This type of technology has not only evolved as new
technological reform but is closely related to management
practices as well as models.
• It has been assessed that businesses are impacted with varied
internal as well as external forces which leads them to implement
5G technology in order to make their operations effective.

Continue
• Through entrepreneurial technological development,
businesses can gain competitive advantage
• Applicability of this technology in modern practices led
them to have a better decision-making platform which
leads them to have an in-depth understanding about new
ventures and development avenues.

Continue
• 5G technology has been revolutionising in all over the
world. It has been assessed that many organisations in
UK have adopted or are planning to implement this
technology.
• Companies like Seagate, Siemens and Tharsus have
collaborated together to adopt 5g technology in making
their business operations effective.

Conclusion from the findings of CW1
• 5G technology will help organisations in transforming their
operations as well as offer a high-rate connectivity in a
universally accepted manner
• Its most relevant characteristic is its higher connectivity speed
which is 100 megabits per second.
• It also help in maintaining lower latency.

Emerging challenges that can effect its
development
Varied emerging issues that can arise in application of 5G
technology are mentioned below:
• Implementation issues and availability of spectrum
• Complex network architecture
• Investment requirements-
• Security concerns

Recommendations based on findings of
CW1
• It has been recommended that it is imperative for businesses to implement 5G technology in their operations as
it helps them in maintaining low latency standards
• This technology help organisational managers in recruiting and dealing with remote teams through efficient
connectivity as well as low latency.
• It is advisable for organisational managers to train their team members for proper utilisation of this technology
in their business operations

Benefits of 5G technology for business
houses
Varied benefits that 5G technology provides to
organisations are mentioned below:
• Faster and better communication practices
• Increased IoT capabilities
• Aids in bridging the skills gap
• Aids in saving costs

Refrences
• Milani, F., 2019. Digital business analysis. Springer international publishing.
• Orji, c. I., 2019. Digital business transformation: towards an integrated capability framework for digitization and business
value generation. Journal of global business and technology. 15(1). Pp.47-57.
• Chaffey, d., Edmundson-bird, D. And hemphill, T., 2019. Digital business and e-commerce management. Pearson UK.
• Sathananthan, s. And et. Al., 2017, november. Realizing digital transformation through a digital business model design
process. In 2017 internet of things business models, users, and networks (pp. 1-8). Ieee.
• Luz martín‐peña, m., Díaz‐garrido, E. And sánchez‐lópez, J.M., 2018. The digitalization and servitization of
manufacturing: A review on digital business models. Strategic change. 27(2). Pp.91-99.