In general terms, an ecosystem is an open, multi-sided collaboration between different parties. These parties can include: the internal units of an organization, current and future business partners, and customers.
Ecosystem orchestration involves the strategic management and coordination of interactions and relationships within an ecosystem.
Open digitalization refers to the process of adopting digital technologies and strategies in a way that emphasizes openness, collaboration, and interoperability.
By embracing open digitalization, organizations can avoid vendor lock-in and ensure flexibility in their digital infrastructure. It enables them to choose best-of-breed solutions and customize them to suit their specific needs. Often flexible B2B SaaS models allow for easier management of digital tools. Moreover, open digitalization encourages collaboration and knowledge-sharing, leading to the creation of robust and secure digital ecosystems that benefit the entire community.
5G technology promises to benefit most business sectors. For SMEs, it could be a significant way for them to increase productivity, increase efficiency and create new opportunities across the value chain. 5G offers a combination of higher speeds, higher capacity and lower latency. Coupled with high mobile adoption rates, SMEs and other companies will likely integrate 5G into their propositions as a matter of course. So what does this mean for CSPs? Many SMEs already seeing value in 5G and viewing CSPs as their trusted 5G go-to partner.
What will 5G bring to the health and wellness space? Digital transformation is one thing, but how far can 5G progress the industry? 5G promises to address high-end diagnostics, but also community initiatives, consumer healthcare, COVID-19 response, and foundational IT modernization.
CSPs looking into this field need to understand that it will be crucial to reach beyond the hospital IT transformation sector and its focus on electronic medical records, into the community and into the clinic.
For the last few years CSPs’ Wholesale and MVNE business has been struggling to cope with growing commoditization. The MVNE market hasn’t managed to achieve any breakthrough, in spite of regulatory changes and 4G adoption, and the ensuing MVNO business model is mostly leveraged for sub-brands and no-frills brands. But is that about to change?
Sixty percent of future enterprise 5G rollouts are expected to happen within a building, according to Omdia research. With 5G, the building becomes both a source and a location for value creation, not just where the bulk of network traffic happens to transit.
The emergence of enterprise 5G technology could have significant implications for how CSPs service the manufacturing sector. With 5G, CSPs can offer high-bandwidth solutions for industrial automation and IoT applications, empowering manufacturers to enhance their operational efficiency, optimize production processes, and enable real-time data analysis.
The digital employee is an opportunity, often ignored, for CSPs to make a start in enterprise 5G. The shift to service jobs is well known, but it is, perhaps, less well understood that manufacturing and trade jobs are changing as well, incorporating more skills from the domain of knowledge workers. The key challenge is providing the digital tools to serve these upskilled digital employees.