Could Enterprises Opt for Private 5G Networks?
Some forward-thinking enterprises are considering investing in private 5G networks.
As telecom giants prepare for the era of 5G, organizations across a range of industries have been preparing for how best to take advantage of the increased bandwidth it’ll offer. However, some enterprises anxious to jump-start the 5G revolution are looking to take matters into their own hands with private 5G networks of their own.
By doing so, companies in the manufacturing, energy, and automotive spaces such as BMW, Daimler, and Volkswagen will be able to reap the benefits of the Industrial Internet of Things (IIoT) sooner rather than later. Plus, setting up a private 5G network means they won’t have to share their bandwidth with other users and they don’t have to risk sharing proprietary information with mobile network operators (MNOs). That said, getting a private 5G network set up is easier said than done.