Name: Insights: B2B is Where 5G Technology Will Make the Biggest Splash
Uploaded: 2020-04-04
Duration: 2 min 50 s
Description: '5G will bring with it 100 times the capacity of our 4G networks,' says Verizon networking chief Nicki Palmer. (November 2018)

[MUSIC PLAYING] SPEAKER 1: 5G will bring with it, you know, 100 times the capacity of our 4G networks. It will also bring 20 times the speeds, and it will bring much, much lower latency or, like, single digit latency. You know, multiples times, like faster than the blink of an eye. SPEAKER 2: Yeah. SPEAKER 1: So when you look at all of those things in isolation, it's interesting, and we can do a lot with that. But when you start to combine them is where you get fascinating use cases. It's really where the excitement is. Use cases in education and telemedicine, for retail, for businesses, AR/VR is really going to take the world by storm. SPEAKER 2: Right. SPEAKER 1: And each of those things leverages some of the 5G capability in different ways. And AR/VR, in particular, is a great example of something that really doesn't work that well on 4G networks. SPEAKER 2: Right. SPEAKER 1: So you need to have the low latency, that responsiveness, and you need to have the bandwidth in order to make something like that work in our mobile world. SPEAKER 2: Right. Now all of this sounds very cool. SPEAKER 1: Yep. SPEAKER 2: Especially if you're a consumer and you've got a smartphone in your pocket. But some of the things you just mentioned are actually more interesting from a business standpoint. SPEAKER 1: Oh, absolutely. SPEAKER 2: Where do you feel are the biggest opportunities in some of those areas you've discussed for 5G? You know, is it telemedicine, or is it entertainment and AR and things like that? What's the biggest there? SPEAKER 1: There's applications you can think about in almost every vertical. You think about smart manufacturing is something we're particularly excited about. SPEAKER 2: Sure. SPEAKER 1: So how can you take what happens in manufacturing or in warehousing and not just introduce robotics, but introduce virtual reality in a way that people don't have to man the equipment and you can make quick changes? So the possibilities there are really, really endless, being able to pull up, like, a virtual screen. And we think about this in our own environment, because we operate large data centers. SPEAKER 2: Right. Of course. SPEAKER 1: So how can I make changes to hardware without actually being there, but feel like I'm there? SPEAKER 2: Right. SPEAKER 1: That's the promise for manufacturing. Education, I've just got to speak about it. I'm so passionate about it, and I think it's really exciting what can happen there. So we talk about distance learning. We have capability today for distance learning, but it goes beyond just that when you talk about 5G. You can think about really immersive learning. So if you want to learn about the ocean floor, we can make it feel in the classroom like you're actually there. That's the type of environment that we want to create. And we need to work with people. It's not any one place, any one company. It's going to take us all to sort of figure this out. 

Insights: B2B is Where 5G Technology Will Make the Biggest Splash

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5G will have 100 times the capacity of 4G networks.

B2B is Where 5G Technology Will Make the Biggest Splash

"5G will bring with it 100 times the capacity of our 4G networks," says Verizon networking chief Nicki Palmer. (November 2018)

five g will bring with it, you know, 100 times the capacity of our four G network. It will also bring 20 times the speed, and it will bring much, much lower later. You're like single digit lead, you know, multiple times, like better than a blink of an eye. So when you look at all of those things in an isolation, it's interesting, and we could do a lot with that. But when you start to combine them is where you get fascinating use cases really were the excitement use cases in education and tele medicine for retail for businesses, A R V R is really gonna take the world by world by storm and each of those things leverage is some of the five capability in different ways, and air V R in particular is a great example of something that really doesn't work that well for G network. Right. So you need to have the low latent see that responsiveness and you need to have band with in order to make something like that work in our mobile world. Right now, all of this sounds very cool, Yeah, especially if you're a consumer and you've got a smart phone in your pocket, but some of the things you just mentioned are actually more interesting from a business standpoint. Do you feel are the biggest opportunities in some of those areas you discussed? 45? Is it telemedicine or is it entertainment? And they are like that. What? What's the biggest? Their their applications. You can think about it. Almost every vertical you think about Smart manufacturing is something were particularly excited about. So how can you take what happens in manufacturing or in warehousing and not just introduce robotic but introduce virtual reality in a way that people don't have to man the equipment and you can make quick changes? So, like the possibilities, there are really, really unless being able to pull up like a virtual screen. We think about this in our in our own environment. We operate large data center. How can I make changes to hardware without actually being there? So But I feel like I'm there. That's the promise for manufacturing education. I just got to speak about him so passionate about it, and I think it's really exciting what can happen there. So we talked about distance Learning way have capability today for distance learning. But it goes beyond just that. When you talk about five G, you could think about really immersive learning. So if you want to learn about the ocean floor, you know we can make it feel in the classroom like you're actually there. That's the type of environment that we want to create. And we need to work with people, not anyone place anyone. Company is going to take us all sort of figure this out.