How 5G can benefit your small business

How 5G can benefit your small business

To keep your business competitive, a good broadband connection is essential. It will ensure maximum productivity in your office and help you reach customers faster. One of the newest technologies that can help small- to medium-sized businesses (SMBs) do so is 5G.

What is 5G?

5G is the latest iteration of cellular technology designed to speed up wireless networks. The technology makes it possible to wirelessly transmit data at multigigabit speeds. Unlike 4G LTE, which requires large cell towers to radiate signals, 5G signals can be transmitted via a large number of small cell stations on lamp posts or building roofs.

5G is now readily available to businesses based in the San Francisco and San Jose areas. While it will still take some time for many to embrace the technology, it wouldn't hurt to know how it can benefit your business

#1. Getting things done faster

One of the main features of 5G is faster network connections, with potential speeds of up to 10 Gbps. If your business depends on fast and reliable network-related tasks, such as large file downloading, online document collaboration, and cloud storage, having faster internet speeds will let you get things done more quickly and efficiently.

Suppose you’re transferring some files to your cloud drive while also downloading system updates for all of your computers. Because of 5G’s low latency, or the delay period of information transfer, you can still move your files at high speeds without experiencing a drop in video call quality.

#2. Better business communication

Your business may make a lot of video calls to communicate with colleagues, partners, and clients. To keep up with the bandwidth requirements of video conferencing, you need a reliable internet connection.

Thanks to 5G’s blazing fast speeds, your organization can easily stream high-resolution video, audio, and images without lag. This paves the way for smooth conference calls, better collaboration among people working in multiple locations, and more efficient communication with your customers.

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#3. More efficient network allocation

One of the most notable features of 5G is network slicing, or splitting a single physical network into multiple virtual networks. Your business can take advantage of this by tailoring the virtual networks according to your different use cases.

For instance, you can split up your network between your high-level management, accounting and finance, human resources, and marketing departments. This way, you simplify your network configuration, minimize operational expenses, and safeguard against cyberattacks.

#4. Improved recruitment process

The high network speeds 5G offers not only make communication between colleagues and clients easier, but they also help companies acquire the right talent.

Typically, your company’s talent acquisition department needs to screen an applicant in person via an internet connection with high latency. But with 5G, recruiters can easily interview, shortlist, and recruit people anywhere in the world.

This makes it possible to hold a video call with an applicant without audio and video delays. With the time saved, recruiters can screen more applicants and find the right person for the job.

#5. Small business innovation

Through 5G’s high speeds and low latency, businesses can easily take advantage of new technologies such as robotics, artificial intelligence (AI), and the Internet of Things (IoT).

For instance, 5G holographic projection allows users to view 3D videos without glasses, enabling small businesses to give 3D presentations during conferences, meetings, and other events to enhance visual experience. 3D holographic communication requires a high amount of data, and only 5G has the high speed and low latency to support it, so businesses can take advantage of the technology to stay competitive.

The power that 5G has to offer will transform how businesses operate. 5G will not only help organizations meet industry demands faster, but it will also help in achieving company goals more efficiently.

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