Editorial
Hey there, tech enthusiasts! Remember when 5G burst onto the scene, promising lightning-fast speeds and a new era of connectivity? It was like the superhero of telecommunications, swooping in to save the day with its blazing speeds, ultra-low latencies, and promises of seamless connectivity. But here we are, a few years later, and it seems like the reality isn’t quite matching up to the hype.
You see, despite all the buzz and excitement, 5G adoption among customers remains surprisingly low. Can you believe it? Even with a whopping $275 billion investment in the US alone, 5G still struggles to find its footing. According to the GSMA, by the end of 2025, 5G will only make up about a quarter of all mobile connections. That’s a far cry from the dominance of 4G, still holding strong at 55%.
So, what’s the deal? Why aren’t people jumping on the 5G bandwagon like we expected? And more importantly, how can telecom companies make the most of their massive investments in 5G technology?
In this edition of This Week in Consulting, we take a deep dive the world of 5G and uncover its true potential. We’ll take a global tour to explore how 5G is making waves in different sectors. From healthcare to automotive and smart cities, we’ll see if 5G is really the game-changer it promised to be. And hey, what about IoT applications? Could they be the secret sauce that finally drives widespread adoption of 5G by 2025?
But wait, there’s more! We’ll also take a closer look at how 5G has evolved since its grand entrance. We’re talking about speed, connectivity, and all the juicy improvements that have been cooking behind the scenes.
So, buckle up, folks! It’s time to separate the 5G facts from the fiction and uncover the real story behind the next big thing in telecommunications. Let’s roll!
Laurent THOMAS
Chairman Consulting Quest
This week’s must read
In this edition of This Week in Consulting, we take a deep dive into the world of 5G and uncover its true potential, exploring how it is making waves in different sectors.
PwC’s article explores 5G’s slow adoption and underwhelming returns. Telecoms should target customer needs beyond 5G, seize private network opportunities, and develop edge computing capabilities to unlock value and drive adoption.
This week’s media
In this video of the Oliver Wyman Velocity Podcast, join Kristina Gerteiser, partner specializing in transportation, and Philipp Deibert, partner and telecommunication expert as they bring together their expertise and discuss how mobile network and rail operators can collaborate and support the launch of the 5G network.
Thought Leadership
TechTarget’s article compares 4G and 5G cellular technology, highlighting 5G’s improvements in speed, latency, and density. It discusses architectural differences and cautions that while 5G hasn’t met all expectations, it has potential for long-term enhancement.
IBM’s article explores 5G’s evolution, emphasizing its speed and connectivity improvements. It highlights its impact on industries like healthcare and supply chains, predicting further innovations driven by 5G technology in the future.
Amazic’s article highlights 5G’s global impact and its role in sectors like healthcare, automotive, and smart cities. It predicts widespread adoption by 2025, driven by IoT applications, promising improved connectivity and transformative experiences in various industries.
Analysys Mason discusses slow adoption of 5G standalone (SA) due to operator concerns about technology maturity and unclear use cases. Vendors must prioritize use cases, provide robust core platforms, and prove business cases to accelerate adoption.
This week’s consulting news selection
Global M&A and debt advisory firm Livingstone is has announced that Florin Finance, a leading Dutch corporate finance boutique, will join its team to reinforce its position as the premier independent M&A firm for middle-market transactions in the Netherlands.|
Marshall & Stevens, a premier independent valuation and dispute consulting firm has announced the acquisition of Value Consulting Group headquartered outside Minneapolis, Minnesota.|
PKF Smith Cooper has recruited two tax professionals – Jack Bonehill and Sam Parker-Hully into new director roles, bolstering their specialist credentials in capital allowance and employment tax services.|
B. Riley Farber, a wholly owned subsidiary of B. Riley Financial, was pleased to announce the addition of Ryan Adlington as Senior Managing Director, based in Calgary, Alberta.|
Laurent is the Chairman and Co-founder of Consulting Quest. Focused on greater value creation, and being thoroughly familiar with Consulting, Laurent has sourced and sold millions of dollars worth of Consulting over the course of his career. Prior to joining Consulting Quest, Laurent was Executive Vice President Oil and Gas at Solvay and Senior Partner Transformation at Oliver Wyman.
