Äccording to the Swedish communications giant, for operators, the predicted explosion in 5G represents the potential to add 34% growth in revenues in 2026. It also says, in a forthcoming study, it found that for operators the manufacturing and energy/utilities sectors represent the biggest opportunity for revenues created or enhanced by 5G.
Ericsson has introduced its 5G platform to meet the needs of 5G “first movers” and says global ccommunications are rapidly moving toward data-heavy applications like Virtual Reality and Augmented Reality everywhere.
"With this launch, we introduce our 5G platform to support the beginning of a huge change in network capabilities, allowing our customers to offer more advanced use cases and new business models to their customers. It is an important milestone enabling operators to continue their evolution journey to 5G," says Arun Bansal, head of Business Unit Network Products at Ericsson.
"We are pleased with the progress Ericsson is making in advancing 5G technology commercially."
Ericsson says it now launches its first 5G Core System capable of 5G use cases based on network slices which allow an operator to provide dedicated virtual networks with functionality specific to the service or customer over a common network.
Already today, this enables some early 5G use cases for telecom operators to capture growth opportunities, the company says, and is now introducing additions into a number of areas of its 5G core system and applications:
• Federated network slices for 5G roaming extends this concept to a visited network. This technology will make it possible for an operator to provide a network service globally, ensuring enterprises do not need individual agreements with different operators for a global service experience.
• Network slice management to automate the set-up of service connections and to secure service quality, to save costs and to gain fast time to service.
• 5G policy and user data for network slices to ensure users get the right service quality and have data integrity.
• Distributed cloud to facilitate short latency applications, such as real-time face recognition, by moving applications and workloads closer to the access. In addition, the 5G-enabled packet core will allow full separation of control and user data, as well as unprecedented capacity and user data rates.
• 5G transformation services to ensure the migration of the network and operation from legacy to 5G core, virtualised and based on an automated operational model.