Innovations with 5G to Redefine the Future of Telecom in India - Report

Deloitte India, along with CII, launched a comprehensive report called “Digital Reset – Touching a billion Indians” that highlights 5G as a key enabler and contributor to the success of the enterprise business.

Deloitte, CII Present 5G Tech Innovations for Telecom in India

The report introduced the advancements of the telecom sector and the key developments that have followed over the years. Along with this, the report further expanded on the trends over the years in customer service, offerings, usage patterns, and so on. Furthermore, the report captured the network and technological innovations that will allow 5G to bring digital transformation. Additionally, the latest telecommunication reforms show GoI’s support and commitment towards sustainable growth of the telecom sector.

The report also covered various revenue streams for 5G and introduced various applications such as smart cities, Industry 4.0, among others.

Speaking on the launch, Peeyush Vaish, Partner and telecom sector leader, DTTILLP, said, “The rollout of high-speed broadband through 5G and satellite broadband will see the convergence of the telecom ecosystem and significantly affect the lives of a billion Indians. It will pave the way for bridging the urban−rural divide across sectors, including banking, healthcare, and education. India is also poised to be at the forefront of the fourth industrial revolution with the integration of Information Technology (IT), Operational Technology, (OT), and Telecom Infrastructure (TI)".

Furthermore, Umang Das, Chairman, CII Telecom Convergence Summit 2021, said, “the telecom sector is at the cusp of transformation. GoI and the private sector are coming together to weave an unpreceded wave of digitization that will drive Industry 4.0 and significantly improve the day-to-day lives of a billion Indians.”

Key Technological Innovations

1. Usage of IoT: Enterprises will use IoT to cater to diversified customer needs that will also help manage enterprise operations, optimize costs, and reduce human interference.
2. Data storage strategy: Advancements in technology and data management go hand in hand. Hence, managing data is imperative for organizations. Cloud computing shall offer tailored products for data storage and facilitate business operations by integrating devices online, without owning physical assets.
3. New revenue streams: As the telecommunication industry becomes the key driver of industry-wide convergence, new revenue streams (using industry-wide collaborations) have opened/shall open for TSPs.
4. With the emergence of 5GAR and the upgrading of networks in the country, a unified digital ecosystem enabling innovations and facilitating the exchange of information is foreseen.
5. Change in operating models and revenue streams of numerous Indian industries expected (such as healthcare, education, fintech, e-commerce, and entertainment) to take place, demonstrating the telecom sector’s significant contribution to the GDP predicted at 8 percent for FY 2021-22.