…Logistics Sector To Achieve $280 Billion
Yemisi Izuora
A new report has revealed huge benefits associated with the use and adoption of 5G technology in telecommunications.
The report dubbed, ” Why Energy Management Is Critical To 5G Success” can help the global manufacturing and transport sectors garner a mammoth $1 trillion in benefits from improved energy efficiency and reduced carbon emissions through 2030, according to a new report.
Published jointly by consultancy firm STL Partners and Vertiv revealed its finding saying, “The manufacturing sector could achieve up to $730 billion worth of benefits by 2030 through the use of 5G to enable advanced predictive maintenance and automation,”.
It adds that transportation and logistics sector could get up to $280 billion in benefits by 2030 through advanced driver assistance, connected traffic infrastructure, and automated home deliveries.
Similarly, 5G could allow the healthcare sector to provide improved access to healthcare services for up to 1 billion patients by 2030 while simultaneously reducing emissions through higher asset utilization, reduced patient and clinician travel, and higher clinician productivity.
According to the report, 5G will be the most transformative communications technology in a generation and enable a universe of new services, including advanced energy management capabilities that will be critical to solving growing energy and sustainability challenges. It highlights the challenges of 5G energy management facing telecom operators.
The report notes network efficiency improvements and best practices, while important, are only one piece of the energy puzzle that comes with 5G. Those efforts must be paired with a more holistic, societal approach to curbing energy use and emissions that leverages 5G capabilities in ways far beyond the control of the telco operator.
“Telecom operators making meaningful energy and cost reductions are doing so by evaluating the entire ecosystems around their network operations – people, objectives, infrastructure and partners,” said Scott Armul, vice president for global DC power and outside plant at Vertiv, a global provider of critical digital infrastructure and continuity solutions.
The report uses research including a survey of 500 enterprises globally to outline the challenges telcos face as they wrestle with the increased energy use and costs associated with 5G.