During the same week that France hosts the 70th Cannes Film Festival, I am excited to be speaking at the annual TM Forum Live! event that brings 750+ communications service providers [and 3,000 delegates overall]together to discuss how to advance the current digital transformation and the next generation of networks.
Coincidentally, the future of these two events share more than location in common as the promise of 5G aims to bring entertainment and technology even more closely together within the next three years. Visual effects studios are harnessing the power of cloud technology to create ever more stunning content while smart, connected tools are helping movie companies solve challenges in new ground-breaking ways on set.
Entertainment, however, is only one of the many industries that is currently transforming in the race to 5G, the next generation of mobile networks. Unabated data growth is the future and according to the latest Ericsson Mobility report, total mobile data traffic is expected to rise at a compound annual growth rate (CAGR) of around 45 percent and around 29 billion connected devices are forecast by 2022, of which around 18 billion will be related to IoT. The dramatic increase in data from existing and new sources will yield an unprecedented opportunity for $1 trillion in new services. $600 billion will include new mobile services, $200 billion in new video services and another $200B in new cloud services. At Intel, we describe the rise of the connected world as the “Vortex of Change” that is disrupting entire industries, consumer expectations around business services, and the way we all live, learn and play today.
Agility and speed of new service delivery in this connected era is crucial for businesses everywhere, and the key to success lies in the early adoption of open and expandable infrastructure, cloud technologies and strong collaborative industry partnerships. 5G is driving a new way of looking at our infrastructure, our operations and how we manage our business models today. Next week, I am delighted to represent Intel’s long term commitment to our Industry partners on the delivery of end to end solutions that enable new revenue models and achieve greater efficiency and transparency in their operations.
For sure, the journey ahead is different, bold and creative but it is certainly one that you cannot afford to ignore. The turbulence that this 4th Industrial Revolution brings creates opportunity to those who disrupt and to those who embrace this digital transformation. The time to decide what business you would like to be in 2020 is NOW.
Visit us at TM Forum Live! May 15-18
Engage with Intel at booth #226 to see how we are working with our ecosystem partners to build solutions for operationalizing the digital transformation. Solutions demos include data discovery and visual analytics, service assurance and VNF onboarding.
-  Ericsson Mobility Report – November 2016
-  Source: Intel Corporation Cloud Services Analysis. Estimates Only. Extrapolated to 2020.
-  Source: Intel, Ovum; new service definition – IP communication, Cloud, security, and trust, entertainment, mobile commerce and payment, ad and big data, m2m, iot, smart home, verticals in connected car, transportation, retail, utility, education, healthcare and smart cities; Cisco SP MOI