“5G is set to be a game-changer for our industries and enterprises," says Nokia’s newly-appointed Head of the Philippines, Carlos Reyes in today's (June 23) roundtable on the state of 5G in the country.
The Philippines was one of Southeast Asia’s first countries to roll-out 5G, a technology that represents a significant evolution over current Long Term Evolution (LTE) solutions.
This next generation in connectivity will empower organisations to achieve the new levels of reliability, security, multi-user capacity performance, and mobility needed for them to make the best utility out of Industry 4.0 technologies and applications.
"5G also builds on LTE vertical differentiating capabilities – with crucial enhancements specifically relevant for industry – to enable it to unlock unprecedented productivity gains and connect all elements of industries and enterprises,” added Reyes.
“5G will bring a quantum leap in low latency and ultra-reliability connectivity that was impossible with previous technologies," he pointed out.
"Such is the promise of its transformation that, even with the socio-economic challenges caused by the ongoing COVID-19 situation, 5G adoption across Southeast Asia continues to gain momentum."
Specifically, 5G will be transformative for the Philippines’ asset-heavy industries – namely those that were not able to join the initial ‘digital revolution’ but are now tasked to prepare for the oncoming Industry 4.0 by digitalizing their processes and driving automation.
To achieve new, unprecedented levels of digital transformation, Nokia explained that such industries will need to facilitate connections between sensors, machines and workers, all of which require mission-critical, wireless networking solutions.
Already, enterprises at an advanced level of 5G adoption are growing faster than their peers – having witnessed a net +10% increase in productivity during the COVID-19 pandemic, according to the 5G Readiness Report of Nokia Bell Labs.
The report, featured during the roundtable, revealed that 86% of decision-makers said they have some form of 5G strategy but only 15% are currently investing in its implementation.
In the Philippines, Nokia has already formed 5G deals with local mobile operators Globe Telecom and DITO Telecommunity to expand on the delivery of 5G services nationwide.
Furthermore, Nokia is building a nationwide digital ecosystem primed to take advantage of the benefits of 5G and related applications, such as working with digital services provider Converge ICT to provide ultra-broadband services for Philippine consumers and business.
Nokia is likewise collaborating with mobile operator PLDT and its subsidiary Smart Communications to launch of enterprise-specific internet of things (IoT) services across the country and deploy service orchestration and assurance solutions across their network.
Today, Nokia is a global leader in 5G. The company has 165 commercial 5G deals and powering 66 live 5G operator networks.
Out of these, Nokia has 20 commercial 5G deals across the Asia Pacific and Japan region – where the company is playing an active role in bringing the region to the 5G future, while also combining its network and security expertise to create security solutions for 5G networks.