5G AND NETWORK SLICING: HOW WILL IT BENEFIT SERVICE PROVIDERS
First, it was 3G, then came 4G, 4G LTE, and now the world awaits the arrival of the commercial adoption of 5G networks. And why not when mobile operators, telecommunication vendors are all set to adopt the 5G networks. Its flexibility, highly programmable infrastructure make it quite an essential asset of modern times. In fact, it will be safe to say that 5G is:
- Application-aware
- Time-aware
- Location-aware
- Context-aware
One can expect a revolution in terms of performance and spectrum access. But that’s not the only reason its importance is increasing. Another important innovative aspect of 5G architecture is its network slicing capabilities that are helping operators to create portions for different use cases.
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Benefits of 5G Network Slicing
5G network slicing helps users enjoy tailored services that often adhere to the Service Level Agreement. So, you can expect better data speed, quality network, latency, better security, and reliability.
As per a renowned service provider, 5G network slicing results in higher bandwidth for video, higher speeds, and so much more. What else?
- Network operators can efficiently allocate the proper resources using network slicing. Thus, it helps efficient utilization of resources.
- They can quickly reduce OPEX and CAPEX.
- It helps to navigate the loopholes of DiffServ.
- It provides extra security measures for the slices that provide critical applications like autonomous trucks. Not only that, it is resilient to cyber-attacks.
For now, everyone is expecting SDNand NFV to become an integral part of mobile operator and enterprise network architectures. It is quite beneficial since it is a cost-effective option. With these technologies, slicing can be done either individually or so that one can leverage both possibilities. With the emergence of 5G, this technology will hyper evolve. Plus, it will even include cloud, edge computing, or more. So, one can expect much exploration in times to come.
But more than that, it helps improve flexibility and agility in business operations. There is no need to set up a new network. This allows providing a range of services using a single service.
Now that’s one side of the story, how will the business benefit from this. Do you want to know more? Let’s find out!
Providers can offer new service offerings
Network slicing can help service providers to generate revenue through new streams. For instance, companies can use IoT, connectivity, and slicing to take charge of different capacities or opportunities. So, one can expect new opportunities, new markets, improved revenue streams, and eventually a better growth cycle.
They can reduce overall costs
Since 5G and network, slicing offers an opportunity to go completely wireless. It will help reduce overall operating costs. Isn’t that the most important benefit when companies have to go through cost-cutting measures?
They can improve performance
Since with network slicing, one can assign one network to one task. It improves speed and latency by removing competition. Thus, it is pretty beneficial for the media or creative industries. These industries have a very high capacity and require fast communication. Plus, using this methodology, they can easily access high-performing networks without causing time strains or heavy expenses.
They can protect sensitive data
Many companies today depend on data in many ways. It could be suitable for smooth operational efficiencies, handling sensitive data, and so much more. So, they can use the network when they need it and remove it once they are done with it.
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