Skip to main content

Posts

Showing posts from June 17, 2017

Industrial Internet of Things (IIoT), AI, Data Analytics, Big Data technologies and predictive analytics

Steadily, one can observe that, Industrial Internet of Things (IIoT) is poised to transform many industry verticals including healthcare, retail, automotive, and transport. Initially focusing on improving existing processes and augmented current infrastructure, IIoT will evolve to encompass next generation methods and procedures. Data Analytics provides the means to process vast amounts of machine-generated and often unstructured data. Big Data technologies and predictive analytics enable streamlining of industrial processes. Artificial Intelligence (AI) technology provides the means to further automate decision making and to engage machine learning for ongoing efficiency and effectiveness improvements.

The highest willingness to deploy 5G technology in the coming years

For many analysts, 5G technology suppliers are currently working in a vacuum, often denigrating the rights of technology implementers to influence the 5G development roadmap. In fact they need to better communicate, understand the requirements of implementers, educate them on the value of 5G, and help bring their specific use case needs to life.
According to ABI Research, the retail, healthcare, and federal government verticals show the highest willingness to deploy 5G technology in the coming years and, as such, need careful attention by 5G technology suppliers to ensure that their individual, varied use case needs will be properly addressed.

Severe discord between 5G market hype and the commercial industry’s readiness to deploy the technology

In a recent ABI Research B2B Survey that studies 455 U.S.-based companies across nine verticals, one can observe that, 62% of respondents do not plan to deploy 5G technology in the coming years. The report uncovers a severe discord between 5G market hype and the commercial industry’s readiness to deploy the technology, with nearly all respondents who plan to one day incorporate 5G technology into their business models citing that they are in the early investigation phase.

“The hype of 5G is currently driven by the technology supply chain rather than by demand from the end-markets,” says Malik Saadi, Managing Director and Vice President at ABI Research. “All indicators lead us to believe that 5G will take hold in the consumer market before it claims its stake in the enterprise and industrial sectors.