70 percent of Middle East enterprises intend to invest in 5G networks.

cio review

Over 60 percent of Middle Eastern organizations want to invest in 5G-enabled campus networks. The region has become a global leader in advanced connectivity.

FREMONT, CA: According to a new study by Accenture and Microsoft, over 60% of Middle Eastern organizations want to invest in 5G-enabled campus networks to digitally modernize their operations. The analysis showed that although they have varying degrees of interest and investment in new technologies, 5G stands out as the one that will help with digital transformation.

It indicated a major shift in the Middle East as end-to-end digital transformation takes place via 5G and technologies such as cloud, edge computing, AI and IoT. It will not be easy as companies are concerned about the complexity of the accompanying technology integration, ROI and choosing the right partner ecosystem and platform for solution.

According to Giampiero Terzi, CEO of Accenture’s communications, media and technology practices in the Middle East, the Middle East is ripe for companies to take advantage of next-generation networks and technology. The region has become a global leader in advanced connectivity. Over the last many years, 5G technology has shown its potential in various industries including transportation, healthcare, education, energy, mission-critical communications, smart cities and even climate change.

According to GSM Association’s Mobile Economy 2021 research, mobile technologies and services generated $ 4.4 trillion in economic value by 2020, or 5.1% of global GDP. By 2025, that amount will have risen to $ 5 trillion.

PricewaterhouseCoopers estimates the value of 5G smart utility management applications at $ 330 billion by 2030. According to the Progressive Policy Institute, 5G would produce 309,000 jobs in 15 years.

William

Leave a Reply

Your email address will not be published. Required fields are marked *