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5G Will Unlock Industry 4.0
Aug 06, 2020
4 minutes
BY BÖRJE EKHOLM, PRESIDENT AND CEO, ERICSSON
ILLUSTRATION BY RAJ VERMA
Mobile technology is one of the fastest-scaling technologies the world has ever seen. There are already 9 billion devices globally and that number is growing fast. It is also one of the greatest drivers of economic growth and human equality in history. In research with Imperial College London, we proved that the deployment of mobile broadband networks spurs economic development. The results show, on an average, that a 10 per cent increase in mobile broadband adoption ratio leads to a 0.8 per cent increase in gross domestic product.
Connectivity has
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