5G technology is critical for a successful digital transformation

Manufacturers are beginning to view 5G technology, and its associated high data speeds, as a vital component to their business, prompting interest in obtaining private licences as way to control 5G strategy. A recent report has come up with some interesting findings. 5G technology is a critical component of a digital transformation strategy, with many companies planning to implement the technology within two years of it reaching the market, according to the latest findings from the Capgemini Research Institute. When industrial companies’ executives were asked which technologies will be the most integral to their digital transformation over the next five years, 75% mentioned 5G as a key enabler, revealed the study – 5G in industrial operations: How telcos and industrial companies stand to benefit.