The IoT and cloud marriage seems almost perfect; however, the integration between the two is something that telcos need to consider to help enterprises and consumers take advantage of Industry 4.0 capabilities such as real-time monitoring, predictive maintenance, and autonomous operations of vehicles and equipment to explore new revenue stream opportunities.

Read more: IoT cloud strategy for telcos

With around 200 operators having commercial 5G deployed, and almost 300 operators investing in this technology, the commercialization of 5G networks is accelerating globally. Over 1 billion 5G connections are expected by 2023, making 5G communications a key to personal consumption experience upgrades and digital industrial transformation.

Read more: Second phase of the 5G decade: A glimpse

Communication Service Providers (CSPs) and mobile network operators (MNOs) are facing huge 5G investment decisions over the next few years, especially when it comes to strategizing for the cloud. Modern network infrastructure solutions must support CSPs to build and deploy open, cloud-native networks faster with lower cost and complexity. The development of both private and public clouds has created a huge expansion in co-location facilities and internet exchanges, where enterprises and cloud providers can easily connect from a unified center. Moreover, 5G and edge deployment will receive a boost from cloud-native technology with greater choice and agility to accelerate new connectivity and service options.

Read more: Solutions for evolving multi-cloud set up

A financial revolution is taking place around the globe, with telecom companies among the significant players thriving in the financial technology (fintech) space. The shift to digital is set to be permanent, as financial services and payments are now powered by mobile phones, providing access to new data, embracing technological innovations, and changing mindsets of users.

Read more: Modern transactions: Telcos + fintech revolution

The late JFK said that automation does not need to be our enemy. “I think machines can make life easier for men, if men do not let the machines dominate them,” he said. This cannot be more relatable today where systems and processes across offices, factories, and homes are often automated.

Read more: Time to automate: Smart homes and businesses

The line between the physical and digital worlds has been steadily blending, with the goal of fulfilling the future metaverse. This total immersion experience could take years to mature but the metaverse market is already estimated to generate almost $800 billion in 2024.

Read more: The new human interface: Merging physical and digital worlds

On the sidelines of the world telecommunication standardization assembly (WTSA-20), Egypt’s national telecom regulatory authority (NTRA) and Saudi’s communication and information technology commission (CITC) have signed an MoU to cooperate and exchange expertise on several areas, including smart cities, radio spectrum management and capacity building in digital transformation.

Read more: Egypt, Saudi telecom regulator ink cooperation for digital transformation

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