KATHMANDU – At Huawei’s 20th Global Analyst Conference, Peng Song, President of Huawei ICT Strategy Marketing highlighted how the digital economy is now the main engine of economic growth.
Mr. Peng said “Digital technology is now deeply integrated into the production scenarios across a wide range of industries, making data a new factor in production that is driving a significant leap in economic productivity”
A recent report commissioned by Huawei and the GSMA estimates that approximately 55% of global growth will be driven by the digital economy by 2025. More than 170 countries and regions are developing digital strategies and by 2026, Huawei expects that global digital transformation expenditure will reach US$3.4 trillion.
Huawei is committed to collaboratively developing transmission, computing, and storage power to improve the efficiency of data transmission, processing, and storage, in order to improve digital productivity and boost the digital economy.
Digital Infrastructure is the new highway
ICT infrastructure and the industry digitalisation that it enables are set to drive the fourth industrial revolution, moving us closer to a fully intelligent world, similar to how steam power and mechanisation drove the first industrial revolution three centuries ago.
New technologies in connectivity, cloud, AI, computing, and industry applications are converging to support comprehensive intelligent connections between people, things, and information at multiple levels.
These new technologies are built on a robust digital infrastructure that facilitates a rapid and ultra-reliable flow of information between intelligent connections. In his keynote speech, Peng Song said that digital infrastructure is the “highway” of the digital economy era.
Continuous evolution to 5.5G
The low latency and high bandwidth characteristics of 5G are the catalysts for today’s digital transformation. These emerging 2C and 2B applications are constantly testing the limits of what is technically possible and calling for further advancements in 5G capabilities.
The evolution to 5.5G will be characterized by improvements in enhanced Mobile Broadband (eMBB), ultra-reliable low-latency communication (URLLC), and Massive Machine-Type Communications (MMTC), as well as new capabilities for sensing, passive IoT, positioning, and intelligence.
Huawei is leading the development of next generation 5.5G infrastructure, supporting over 100 billion connections and delivering a 10-gigabit user experience. This technology will also enable a 10-fold improvement in latency and positioning accuracy which will drive the next revolution in digital transformation.
Peng Song said “Huawei is developing digital infrastructure by first building leading transmission facilities operated on 5.5G, F5.5G, and Net5.5G, and using more advanced technologies to build 100 billion IoT and 10 gigabit experience network capabilities. These advanced technologies can support IoT services that connect hundreds of billions of things and deliver a 10 Gbps user experience.
Second, Huawei continues to develop solid computing infrastructure to facilitate breakthroughs in diverse computing fields, such as general-purpose computing and AI computing.
Third, Huawei is actively developing cloud-native applications and building reliable storage facilities to ensure more data can be stored, quickly transmitted, and efficiently used.”
New Business Frontiers
The adoption of advanced digital technologies has the potential to create new opportunities for businesses willing to invest in them. These opportunities include differentiation from competitors, increased efficiency and productivity, and improved customer experiences.
Technological innovation in the 5.5G era will bring operators a 10-fold increase in network performance over 5G. Huawei says this will help operators open up five new business frontiers and drive a 100-fold increase in new business opportunities. These are:
1. Explosion in services with immersive and interactive experiences
Augmented reality and glasses-free 3D video will become mainstream. In the 5.5G era, services with both immersive and interactive experiences will become commonplace. With continuous breakthroughs in device technologies and a boom in content, 10 Gbit/s and millisecond-level latency will enable real-time interactive services, such as XR Pro and future Metaverse.
2. Further growth in the digital transformation of industry
In the smart manufacturing field, URLLC (ultra-reliable low latency connections) capabilities in the 5.5G era will allow autonomous processes to move from auxiliary production to core production processes. The 5.5 GHz positioning capability has been improved from meters in the 5G era to centimeters, enabling high-precision positioning applications such as AGVs.
3. Cloud Applications are entering a new era, creating new opportunities for connectivity
Cloud-based and multi-cloud enterprise applications are becoming a new trend. Wide-area large uplink capabilities will allow massive data to be uploaded to the cloud, which will facilitate self-driving technologies, intelligent robots and holographic interaction experiences
4. Cellular networks will cover all IoT applications and passive IoT will enable 100bn connections
Passive IoT tags can transmit data, and can also be used for positioning and on temperature sensors. Such tags can be used in a wide variety of scenarios, such as automated inventory of warehouse items, agriculture and livestock development, and positioning of personal items.
5. 5.5G will facilitate new services, from communication to integrated services
5.5G networks with the sensing capability can be used extensively in scenarios like smart city road traffic services and perimeter sensing, making urban infrastructure more efficient and intelligent. In rainy or foggy weather, 5.5G networks can automatically detect obstacles or abnormalities on the road and notify drivers to take evasive action, making transportation safer.