On 31st October, Ericsson hosted its first 5G NOW! Industry Summit in London, designed to galvanize telecoms service providers into getting ready for 5G. Demonstrating advanced use cases, industry applications and new as-a-service business models, 5G NOW! will present a very clear picture to the industry of 5G’s huge potential, as the race to bring ultrafast wireless technology to the market intensifies.
The event offered a mix of plenary presentations and extensive demonstrations, including live 5G-NR radio, which powered cross-industry use cases including:
Business consultants and technical experts were also in attendance to discuss the latest insights on how to move into new markets and build new revenue streams with radically changed business models and use cases, including Internet of Things (IoT) applications.
Keynote presentations took take place throughout the morning from Ericsson executives including Arun Bansal, Senior Vice President and Head of Market Area Europe & Latin America, who discussed the key drivers that will enable the new 5G market and the value to operators.
“We are providing our customers with a solid roadmap to becoming a 5G business, from preparation to launch,” said Arun Bansal. “The most significant part of the 5G discussion is use cases. The technology on show here is impressive, but the focus needs to be on what can be done with it, and how to monetize such use cases.”
For several years, Ericsson has been working with a broad range of industry partners to shape the future of 5G. Now, in partnership with 45 universities and through 15 pilots, Ericsson will showcase its findings to the industry to help propel technological and business development.
The facebook Live keynote can be found here.