MONTREAL, May 15, 2019 /PRNewswire-PRWeb/ -- Ormuco recently issued a white paper that offers a comprehensive view of the 5G communications technology and outlines potential business opportunities for service providers.
The document, titled "The State of 5G: What to Expect from the New Generation of Information and Communications Technology," has been made public for any individual or company willing to learn the importance of 5G to the global market.
Released on May 1, the document includes details on why the current internet and network setup needs reform and how 5G can lead the way for this much-needed change. According to the paper, 5G is predicted to enable $12.3 trillion of economic growth by the year 2035.
Ormuco, a company focused towards providing edge computing services and utilizing them for quick and approachable data processing, has specifically made this document public to get the message across to the public about the pressing need to adopt 5G.
"What we have been seeing recently are significant problems arising with cloud technology. From bandwidth issues to network latency, the cloud has begun unravelling," remarks Ormuco CEO, Orlando Bayter. "With 5G becoming increasingly important in the future, we can utilize edge computing to turn the disadvantages caused by cloud technology into successes that everyone can be a part of."
Underlining the importance of edge computing and related data analytics, Bayter highlights how 5G can be of use to companies all over the global marketplace.
"In this new approach, the processing happens near to where the data is collected. It no longer has to travel through the internet or to long-distance data centres," Bayter explains. "Lightweight edge servers can be deployed inside office buildings, homes, in IoT equipment. 5G will allow data transfers at unprecedented speeds," he concludes.
The "State of 5G" white paper provides insightful information on how to capitalize on and master this emerging technology. It is free to use and can be found at https://go.ormuco.com/wpaper-stateof5g/.
SOURCE Ormuco Inc.
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