MANILA — Local players in the telecommunications sector are urged to prepare for the transition of 4G to 5G, Internet of things (IoT), and cloud system as these will bring digital disruption in various industries.
In a briefing on Friday, Ericsson Philippines and Pacific Islands President and Country Manager Sean Gowran, shared the highlights of the recent Mobile World Congress 2016 held in Barcelona, Spain which include 5G, IoT, and cloud.
Gowran noted that 5G will push for faster Internet connections that can accommodate more devices and support more app activities.
He added that different telcos worldwide are now investing in 5G, slowly transitioning 4G to 5G, as the world is expected to launch 5G by 2020.
He mentioned that even Filipino telcos are already heavily investing and preparing for 5G.
Gowran also noted that the IoT will have an estimated investment of USD1.3 trillion which is expected to impact the global economy by USD11 trillion by 2025.
Moreover, with the increasing data networks backed by the growth in smartphone penetration and LTE subscription, Philippine-based information and communications technology (ICT) players are urged to invest in cloud system to move more network storage to a centralized platform.
Gowran mentioned that smartphone penetration in the Philippines is projected at 70 percent while LTE subscription at 40 percent by 2018.
“This means LTE coverage should not only focus in cities but to rural areas as well,” he added.
He stressed that ICT transformation will bring disruption particularly in sectors of transportation, automotive, utilities, and heavy industries like mining; hence the need for the Philippines to cope with the developments.
As the world enters to 5G, IoT, and cloud era, Ericsson has agreements with 20 major operators around the world to work on 5G.
Its new IoT Transformation offering, a modular set of IoT professional services and software solutions, leverages Ericsson’s global services footprint, industry experience and technology leadership to help customers drive IoT transformation and business.
In terms of cloud, the company plans to form a global business, technology and services alliance with Amazon Web Services to accelerate cloud transformation for telecommunications service providers. Kris Crismundo/PNA / Northbound Philippines News Online