Strategy and timing
Knowing when, where, and how to enter the market with a new product, service experience, or operational capability built on 5G capabilities requires modeling out a number of variables.
Whether enterprises see an increase or decrease in operating costs as a result of 5G depends on the business. Enterprises that leverage 5G for massive IoT deployments may eventually see lower costs, but enterprise solutions that require 5G’s low latency/edge computing features could see increased operational costs, at least initially.
Enterprises will need to assess the gap in their current technical capabilities to offer 5G enabled services. They may also need to reorganize/train their marketing, sales and operations team to maximize their 5G investments.
As with any data-centric technology investment, enterprises will need to design and deploy data privacy and data protection measures to comply with GDPR and CCPA for starters. But, as we’ve seen in recent press, the risks don’t end there. Read more on Trusted Tech.