From 5G to metaverse
Although a wave of redundancies at US tech giants such as Meta, Amazon and Twitter has caused unease, the global tech sector will continue to look to the future. This is leading to exciting innovations that will breathe new life into the sector. As a result, our own technology hubs, including Brainport Eindhoven, Amsterdam Science Park and the Port of Rotterdam, will also flourish, giving the Dutch economy a boost and accelerating the digitalisation of our society.
An important theme to keep an eye on is 5G, a technology that has the potential to transform the way consumers and businesses communicate and work, but is struggling to take off in some aspects.
With many communications service providers (CSPs) in the Netherlands and abroad looking to make money faster with 5G, a recession looming and rising energy costs, some have taken a short-term view and are forgetting the long-term impact 5G can have. By 2023, however, this could be the difference between the market leaders in 5G and those who are delaying investment because they are fed up with 5G.
More and more CSPs are switching from an infrastructure to a platform strategy. Therefore, 5G will create new business models that were unthinkable before the combination of 5G and edge computing existed. Looking back, we see that 5G is not only an upgrade of 4G, but also lays the foundation for future Gs, partnerships and business models.