Nokia studies outline business return-on-investment from 5G services
18 April 2017 - 9:02PM
Press Release
- Nokia studies remove 'guesswork' from operator and enterprise
5G business planning
- Findings show solid business case including payback periods for
new, high-value services services supported by 5G, their business
models and network impact
- Data shows only 5G can provide performance required for
services including industrial applications and immersive virtual
reality video to huge audiences
18 April, 2017
Brooklyn, New York - Nokia is leveraging its business
modeling and 5G Acceleration Services capabilities to remove the
guesswork from operators' 5G network evolution plans. New Nokia
studies have revealed the benefits of deploying 5G and identify
those services with the potential to offer the greatest return on
investment.
5G promises to change many aspects of the way people live and
work, and service providers and enterprises want to understand how
it will meet their specific business needs. Using tailored
modelling that reflects customer-specific needs, Nokia's 5G
Acceleration Services can help operators and enterprises identify
how the move to 5G will enable them to deliver new services that
transform the customer experience and create new revenue
streams.
In-depth Nokia analysis of how 5G will perform in real networks
has found that it can:
- increase capacity by 40 times compared to 4G, making it the
only commercially viable technology for the delivery of a true
immersive VR video experience to massive numbers of subscribers in
high-attendance venues
- substantially reduce the cost-per-device in a smart city
deployment handling millions of connected devices, including IoT
sensors
- deliver the '99.999 percent reliability' and low-latency
at-scale required in an Industry 4.0 environment
Nokia's research and analysis also shows how operators and
enterprises can capitalize on early 5G deployments to drive the
best return on investment (ROI). Business cases include:
- '5G to the Home' will break even after four years if the
monthly average revenue per user remains above EUR 40
- 5G events and hotspots, in locations such as stadiums, have a
one-year payback period depending on the number of events held at
the location, with at least five events per month required to
ensure a profitable business case
- operators can achieve tangible early mover advantages in terms
of revenue and market share for services such as in-vehicle
infotainment
Joe Madden, Principal Analyst at Mobile Experts said:
"While market news has recently focused on the announcement of 5G
technologies that drive increased network performance, it's
important to discuss how these low latency broadband connections
will translate into customer value. With the publication of the two
new studies and its 5G Acceleration Services, Nokia is showing
operators and enterprises how they will be able to benefit from
early 5G deployment."
Harold Graham, head of the 5G Business Line at Nokia
said: "In these studies we have delivered key new insight into
the benefits and business opportunities enabled by 5G. With our 5G
FIRST end-to-end technology platform and 5G Acceleration Services,
we have a comprehensive offer that we can leverage to help
operators and enterprises understand the real value of 5G in
relation to their particular business needs. Working closely with
our customers we can help them evolve their business cases and
provide clear recommendations for investments on their path to
5G."
Nokia will highlight its 5G Acceleration Services capabilities
and discuss in more detail the findings from its studies at the
Brooklyn 5G Summit from 19 to 21 April. Find out more and register
to receive live streaming video from the event.
Did you knowIn February, Nokia announced its commercial
5G FIRST system based on early specifications. 5G FIRST leverages
the breadth of Nokia's network capabilities and will provide
operators with a first-to-market advantage with the delivery of
ultra-low latency and ultra-high throughput to meet the growing
demands of people and connected things.
Resources
- White Paper: The 5G advantage in real network scenarios
- White Paper: Translating 5G use cases into viable business
cases
- Web Page: 5G use cases
- Web Page: 5G - Creating a new era of communication
- Web Page: Services for 5G - Turning 5G Visions into real
business
- Web page: 5G Acceleration Services - for planning your 5G
journey
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4900Email: press.services@nokia.com
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