Connectivity used to be the driving force of Telecommunications, after all that’s the core of the origin… Telegraph/Telephone Communications…
It used to be about stable, reliable and instantaneous (or at least quick) communications around the world.
However it’s disingenuous to describe telecoms as an industry there for connectivity these days. Connectivity is no longer the goal of telecoms, it’s the most fundamental aspect. There’s many layers involved now beyond just communicating.
You see telecoms now is at the forefront of productivity. We need our information to be secure, immediate and accessible.
Wherever we are in the world we need to be able to access our digital selves, whether it be for work or socially, and this need for connectivity, has driven us to where we are now. Accessing instant, lucid information.
Already, just as we’re becoming used to seeing 5G on our phones, and great swathes of the infrastructure are being replaced with fibre, we are seeing unprecedented growth globally through connectivity. It’s no longer the phone calls or the texts that bring us in, it’s the amount of data, and how quickly we can send and receive it. Unlimited texts and calls have become expected, not a goalpost.
The true potential of the progression in telecoms lies in estimations of an increase of over £40 billion GDP in the UK by 2030 and an increase in manufacturing productivity of 10%, purely by the performance capabilities of 5G and fibre, it’s not just the power of our computers that matter anymore, it’s the power of the web that binds them together. This is the true key to unleashing AI systems globally.
Even as we begin to unlock the potential of 5G, people are looking forward to 6G with the French Government investing €750 million into 5G and 6G research and development. However, seeing how progress is coming with our average speed being so much lower than some of our compatriots in Western Europe, and leagues behind South Korea, Malaysia and Sweden. The opportunities and investment into telecoms is only going to increase.
With so much investment, huge mergers and acquisitions, coupled with this drive for seamless connectivity.
Telecoms in 2023 is definitely the industry to align with, because these days, communication is synonymous with breathing.
Telecoms means Productivity
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