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5G use cases to Monetize- Empowering new business opportunities

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5G Use Cases to Monetize: Empowering New Business Opportunities

5G Use Cases to Monetize: Empowering New Business Opportunities

5G use cases to Monetize- Empowering new business opportunities

We discuss the following topics in this blog:

  1. CSPs going for the 5G dream.
  2. STL tools to help CSPs deploy 5G tech.

In addition to these topics, we shall also be answering the following FAQs:

  1. What is WiFi?
  2. What is an Optical Fibre Cable?
5G use cases to Monetize- Empowering new business opportunities

Why CSPs are Going all-in for 5G?

Communication service providers (CSPs) have already invested heavily in 5G infrastructure and now look forward to seeing the returns on their investments. CSPs are trying out many use cases using 5G to make it a revenue opportunity.  CSPs also need to be smart to adopt new charging and convergent systems to monetize them well. It is imperative that cloud-based proven technologies and the proper vendor support CSPs to realize their 5G plans.

Currently, 5G use cases that have the potential to be revenue earners are highlighted in the table below, this is mainly because of 5G offering high bandwidth, high capacity, and low latency will see these use cases and this will scale up in the coming days.

Use Case Applications
Drones Healthcare, retail, emergencies, entertainment, retail
Augmented reality Real-time gaming, virtual tours
Medicine Remote surgery, virtual consultation, remote health monitoring
Modern factories Huge machines are connected to the cloud, and devices are connected through  Wi-Fi within the factory
Connected cars Cellular to the vehicle to everything (c-vte)will see an exchange of information between within infrastructure, traffic signals, pedestrians, and all vehicles
Smart cities energy, utilities, transportation will enable government agencies to drive smart cities
Agriculture/Farming Wireless monitoring of field conditions, cattle, and data can be analyzed to predict agriculture yields
Autonomous cars Self-driving cars will be supported with 5G for better steering and navigation

How STL is Helping CSPs Realise Their 5G Dream?

CSPs now can realize their true dream of staying competitive and making significant revenues at the same time.  With industry-leading vendors like STL and their already proven expertise in 5G technologies, CSPs can easily have an experienced vendor partner to realize their dream.  Take a look at STL’s 5G offerings and how it benefits CSPs immensely.

  • STL’s cloud-native, 5G policy & charging rules function (dPCRF) is built to support Telco’s goal of true convergence, supporting prepaid, post-paid, and hybrid. The platform includes X-D Rater, a multi-dimensional rating and charging engine integrated with existing CSPs network elements such as a 3GPP HTTP/2 based interface. It also integrates with the IT stack over TM Forum Open APIs.
  • STL’s digital policy control and charging (dPCC) is powered with modern web-scale architecture and is well supported to handle auto auto-scaling, zero-touch upgrades, and self-healing capabilities. It also promotes EDGE-based deployment and enables CSPs to prepare for 5G requirements.  dPCC aims to reduce network load, optimize resource utilization, and improve response time. dPCC is engineered to and supports 5G solution and enables CSPs to deliver service agility, data monetization, and optimized process handling.
  • STL Enterprise Marketplace platform is the significant enabler or bridge between CSPs, partners, and customers, heralding a new growth for collaboration and value proposition.  STL Enterprise Marketplace ensures and provides CSPs to exploit the true potential of the Telco enterprise marketplace ecosystem.  While 5G and Wi-Fi 6 promise to solve revenue sustainability for CSPs, Platformication provides a proven advantage in capitalizing on the 5G opportunities.
  • STL Unified Product Catalogue (UPC) is an omnichannel accelerator for any-play services. It provides a complete ecosystem for bundling and cataloging digital services and products and includes model 5G offerings for enterprise and retail. STL UPC is driven by a 5G orchestration service and provides seamless network orchestration and provisioning of 5G products.  STL UPC allows operators to manage numerous catalogs based on microservice and cloud-native architecture with ease and flexibility.

End Note

CSPs are now beginning to face harsh reality with 5G in terms of how CSPs lack infrastructure and the expertise to make optimal benefits of the technology.  With STL’s proven experience, CSPs can leapfrog into 5G with ease, focus more on revenue business models and stay ahead in the race.  Learn about STL’s 5G Stack and its portfolio offerings and explore the endless possibilities to monetize your 5G investments.

FAQs

What is WiFi?

Put simply, WiFi is a technology that uses radio waves to create a wireless network through which devices like mobile phones, computers, printers, etc., connect to the internet. A wireless router is needed to establish a WiFi hotspot that people in its vicinity may use to access internet services. You’re sure to have encountered such a WiFi hotspot in houses, offices, restaurants, etc.

To get a little more technical, WiFi works by enabling a Wireless Local Area Network or WLAN that allows devices connected to it to exchange signals with the internet via a router. The frequencies of these signals are either 2.4 GHz or 5 GHz bandwidths. These frequencies are much higher than those transmitted to or by radios, mobile phones, and televisions since WiFi signals need to carry significantly higher amounts of data. The networking standards are variants of 802.11, of which there are several (802.11a, 802.11b, 801.11g, etc.).

What is an Optical Fibre Cable?

An optical fibre cable is a cable type that has a few to hundreds of optical fibres bundled together within a protective plastic coating. They help carry digital data in the form of light pulses across large distances at faster speeds. For this, they need to be installed or deployed either underground or aerially. Standalone fibres cannot be buried or hanged so fibres are bunched together as cables for the transmission of data.

This is done to protect the fibre from stress, moisture, temperature changes and other externalities. There are three main components of a optical fibre cable, core (It carries the light and is made of pure silicon dioxide (SiO2) with dopants such as germania, phosphorous pentoxide, or alumina to raise the refractive index.

Typical glass cores range from as small as 3.7um up to 200um), Cladding (Cladding surrounds the core and has a lower refractive index than the core, it is also made from the same material as the core; 1% refractive index difference is maintained between the core and cladding; Two commonly used diameters are 125µm and 140µm) and Coating (Protective layer that absorbs shocks, physical damage and moisture; The outside diameter of the coating is typically either 250µm or 500µm; Commonly used material for coatings are acrylate,Silicone, carbon, and polyimide).

An optical fibre cable is made up of the following components: Optical fibres – ranging from one to many. Buffer tubes (with different settings), for protection and cushioning of the fibre. Water protection in the tubes – wet or dry. A central strength member (CSM) is the backbone of all cables. Armoured tapes for stranding to bunch the buffer tubes and strength members together. Sheathing or final covering to provide further protection.

The five main reasons that make this technology innovation disruptive are fast communication speed, infinite bandwidth & capacity, low interference, high tensile strength and secure communication. The major usescases of optical fibre cables include intenet connectivity, computer networking, surgery & dentistry, automotive industry, telephony, lighting & decorations, mechanical inspections, cable television, military applications and space.

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5G Use Cases to Monetize: Empowering New Business Opportunities

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