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Kathleen Martin

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5G and edge computing have the potential to change the way businesses operate and the way consumers engage with them. From advances in media and entertainment to improvements in manufacturing and retail, these technologies can help businesses boost efficiency and provide more satisfying customer experiences. The two technologies are still in their early stages of adoption, however, and many businesses may not be sure how best to integrate them into their long-term strategy.
For a recent Fast Company virtual panel, Verizon and Amazon Web Services (AWS) brought together experts to discuss how 5G and edge computing are transforming businesses both large and small. These are the key takeaways.
1. TOGETHER, 5G AND EDGE COMPUTING ARE ENABLING NEW INNOVATIONS.
4G has been the network standard since around 2008. Its higher performance enabled an explosion of new applications, including streaming videos, gaming applications, and disruptive platforms like Uber. The promise of a new network with even higher performance capabilities has been with us for several years, but it’s only recently that 5G has started to become standardized. Now that it’s here, its immense promise can begin to be fully realized. “5G is a transformational technology that offers improvement in a variety of performance metrics, including connectivity, latency, and throughput,” says George Elissaios, general manager and director of product management at AWS.
Edge computing is a type of computing that complements 5G to make services even faster and more reliable. It builds on the flexibility enabled by cloud computing, which has become the norm over the past decade, and works by shifting computing services closer to the people who use them. “Edge computing offers the same powerful computing storage and networking services as the cloud, but in more places and closer to end users,” Elissaios says. Together, 5G and edge computing are enabling a new wave of applications requiring ultra-high data speed, higher reliability, and massive network capacity.
Continue reading: https://www.fastcompany.com/90694668/how-5g-and-edge-computing-are-helping-businesses-thrive
 

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