The technological advances we are witnessing today are giving rise to a new era of convergence. Significant limiting barriers will be broken down and allow us to build new platforms for innovation in business and daily life.
However, all these technologies are possible and work to accomplish the same task at different levels: to analyze data.
“Data is still the primary raw material for creating value, but new tools must be generated to help us process these more efficiently and quickly so we can talk about innovation and breakthroughs.”
How can we implement these technologies in business?
If we use two or more innovative technologies, such as 5G and Artificial Intelligence, we can cut costs and streamline processes in many areas of the industry.
For example, in the healthcare industry, we will be able to have surgeries transmitted in real-time, consultations from ambulances, and from anywhere in the world, thanks to the speed and bandwidth. 5G will also allow us to have networks of applications, devices, and systems that learn from each other simultaneously in a seamless, private, and secure manner.
We are talking about Machine Learning Intelligences that respond in real-time and automatically. This can be implemented in direct market activities, immediate customer service, queries, online transactions, etc.
The most significant benefit we can get from a business model with these features is that it can be fully customized, depending on the needs and particularities of each business, adding valuable tools and thus improving customer experiences while facilitating work processes.
What are the challenges we face to make this possible?
Currently, we still do not have digital business models incorporating 5G and other technologies, one of the main reasons is the lack of investment by companies and the excess of regulatory and legal issues they face to implement a model like this. Additionally to the fact that the transition from 4G to 5G must be carried out gradually because it is necessary to have devices that effectively and latently execute all the necessary technologies for such models. This implies an investment not only on the part of the companies, but also on the part of the users.
If we use two or more innovative technologies, such as 5G and Artificial Intelligence, we can shorten costs and streamline processes in many areas of the industry.
In conclusion, we can say that this convergence of technologies presents a window of opportunity for companies to innovate and facilitate their work processes, in addition to offering a more efficient and faster way to generate value through data analysis.
This is the perfect time to bet on technological advances and be among the first to take advantage of the benefits and opportunities it offers.
At XalDigital, we are experts in generating value and innovating through data science. Check out all the options we have for your business.
