Looking Into the Future of Telcom: 5G and Its Applications

Rewatch this insightful event and discover how 5G enables new application areas that will accelerate the creation of new business opportunities

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Taking a Deep Dive Into 5G

On February 4th, 2021, Plug and Play hosted an event about 5G and how this technology will shape the future of telecommunications. Saeed Amidi, CEO & Founder of Plug and Play, gave the opening remarks, and five startups talked about their future-thinking solutions. We also had with us Leslie Shannon, Head of Ecosystem and Trend Scouting at Nokia, giving an insightful keynote speech on the topic. 

At Plug and Play, we have a bird's eye view of the global innovation ecosystem, and it's easy to see that connectivity plays a key role in all of the hottest innovation topics worldwide. With the advent of 5G, a multitude of new opportunities to grow your business has come to life. Companies need to position themselves to reap the benefits of this tailwind, and working with a startup can be a huge leverage and facilitator to do so. Innovation, as always, is key to face this challenge.


Key Takeaways

  • The 5G revolution will allow use cases of connectivity that were not deemed realistic and economically before — low latency, high bandwidth and stronger reliability will enable new business models in all industries.
  • Startups are leaping into a multitude of new business models with this improved connectivity scheme and can be a great facilitator and leverage for any firm to enter a new field of business in adjacent industries.
  • For telco companies, the primary providers of the connectivity services, it is time to take a decision: Will they be the backbone of these new businesses opportunities or will they leap into these new opportunities themselves?

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