Cloud-computing giants and phone companies have decided they need each other to drive the market for 5G business services.
Amazon Web Services, Google Cloud and Microsoft Corp. have all signed partnerships with telcos in recent months as they seek new opportunities amid slowing growth in demand for data storage. Telcos, including AT&T Inc. and Verizon Communications Inc., are also looking to revive flagging revenue while tapping into cloud computing's ability to make super-fast 5G networks more efficient and cheaper to run.
"The cloud companies need to reinvent themselves," said Omdia analyst Vlad Galabov.
"Communications service providers have the same thing — everyone has a mobile phone, a network — so both have saturation."
The parties are working together to bring computing functions such as data processing onto the 5G network, closer to where data is generated. This system, known as multi-access edge computing, or MEC, enables partners to offer enterprise services such as real-time analytics, manufacturing automation and live product tracking.
Teaming up is a great strategy right now in all industries. If you're needing a solid telecommunications partner to work with in your business, we are excited to collaborate!
Every Cloud has its silver lining
Faster speeds and improved reliability, paired with the COVID culture shift, every possible industry will shift to full or partial remote work. The only way for businesses to function virtually is through Cloud Services. Simplified Communications recommends shifting to the Cloud for:
Our agents are happy to chat with you about the implications, costs and logistics of using Cloud Services. Whether you make the shift now, or in the future, it will be a necessary evolution based on telecommunications trends.
Have you noticed how it seems like your phone and online platforms are reading your mind? Every click and view is providing information to Artificial Intelligence, that's not really "mind" reading, but rather, it's reading through "mined" data to predict if you need food delivered to your office right now, or if you're ready to buy that new espresso maker.
Technology has barely scratched the surface of what is to come in intuiting what your customers need before they even know they need it.
Review your company's first impression online and through the phone--are you making it easy for customers to get their needs met? We can help.
Want more details on the current and coming telecom trends? Learn more:
Simplified Communications keeps businesses up to speed with the latest in Internet and Phone trends. We simplify your business by identifying which trends should be adopted, and which trends will quickly fade.
We will continue to see trends related to COVID-19 pushing office workers home, and consumers online.
While the coronavirus continues to spread, 5G coverage makes its rounds around the globe on schedule. This is a crucial time to step up your company's technology to keep pace with increased demands and consumer expectations.
This was supposed to be the year 5G went mainstream. Huge swaths of the world would be blanketed with coverage. Every major handset maker -- including Apple -- would offer a wide variety of 5G phones. After years of hype and last year's early deployments, consumers would finally start to enjoy the benefits of the super-fast wireless technology in a real way.
Then the novel coronavirus struck.
The virus, which causes a pneumonia-like disease called COVID-19, quickly spread across the globe, causing cities and entire countries to issue lockdowns to slow its advance. China, where COVID-19 was first detected in late 2019, shut down first, jamming up production of iPhones and other products. The rest of the world soon followed suit, and the global economy all but ground to a halt.
"In our lifetimes we've never seen a faster economic collapse," Strategy Analytics analyst Ken Hyers said.
The result is a shattering of the buoyant optimism of just six months ago. Millions of people are out of work, and the world has recorded over 10 million COVID-19 infections. But even if the coronavirus has slowed down the rollout of 5G in heavily hit areas such as the US, it's not going to stop 5G's progress.
Simplified Communications will consult with your organization to discover the best telecommunications solutions including voice services of all formats, internet services, and television. With our strategic partnerships, we represent virtually all major carriers, allowing us to provide you with an unbiased experience that will take your business towards your business goals, with no additional fees.
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