Business Opportunities And Digital Innovation: 5G As A Promising Indonesian Economic Catalyst

Business opportunities and 5G digital innovation. (Photo: Unsplash)

YOGYAKARTA - 5G network technology is the fifth generation mobile network technology that offers internet speeds up to 20 times faster than previous generations. 5G network technology promises users speeds that position cellular internet equivalent to Wi-Fi. So, what are the business opportunities and digital innovations in the 5G era?

Reporting from the Qualcomm page, 5G technology was discovered by German Michael Lemke and also a physicist who has a PhD (doctor) degree. The research began in 2016, at the Dresden University of Technology, Germany. In addition, he also has an important position as a senior technology expert in one of the well-known mobile brands, Huawei. He has been involved in the world of communication technology for 24 years.

The function of 5G technology in this era is as the main catalyst for the Indonesian economy by opening up new business opportunities and creating digital innovation in various sectors, besides that it is supported by high data transfer rates and low latency. If developed optimally, the potential impact on Indonesia's GDP is claimed to reach more than IDR 643 trillion.

5G advantages open up many business opportunities, particularly in the adoption of cutting-edge technology, as an example of Artificial Intelligence (AI), Big Data Analytics, and the Internet of Things (IoT). The sectors that benefit the most include:

Fast-growing digital innovation with 5G help includes some things below:

The Indonesian government views 5G technology as a priority in the agenda of national digital transformation towards the Vision of Indonesia Digital 2045. To strengthen the 5G ecosystem in Indonesia, collaboration between regulators, cellular operators, and device providers is very important.

However, there are challenges that need to be known, for example, the limited range of 5G antennas outside big cities and data security issues that must be handled properly so that the benefits of this technology can be felt optimally.

Such is the review of business opportunities and 5G digital innovation as the catalyst for the Indonesian economy. Hopefully it will be useful! Visit VOI.id to get other interesting information.