The Next Generation of Tech Disruption

5G is the coming wave of tech disruption, set to transform connectivity across global industries from healthcare to data analytics, financial services, and retail.?

Delivering speeds up to 100 times faster than current wireless networks, 5G (fifth-generation wireless network technology) also delivers much lower latency (the time it takes for devices to respond to each other over the network). Because it uses less power than 4G, it also offers a greener mobile network solution, a win for the environment.

With the arrival of 5G, data will be transmitted and shared faster than ever before as experts predict data latencies could be a low as a millisecond. Analysts will have access to more data as Internet of Things-enabled devices, in addition to smartphones, will be creating higher levels of data traffic.?

As a result, 5G creates a tremendous opportunity for multiple industries, but also sets the stage for large-scale disruption. When it comes to data, innovation and disruption have always been the name of the game, as new tools and technologies change how customers interact with businesses’ products and services, and how we gather, analyse and interpret data.

For the recruitment market, this means recruiters will have a vast wealth of information about job roles and candidates at their fingertips in real-time. Data analysts will also have to refine and execute fast data strategies in order to adapt to and utilise the increase of available data.

As of June 2021, commercial 5G services have already been deployed across more than 1,500 cities in 60+ countries worldwide.

5G will be especially important as the number of IoT devices rises, relying on 5G to transmit vast amounts of data in real time. The number of devices is projected to grow from 12B in 2020 to 30B+ in 2025, per IoT Analytics, more than 4 devices for every person on Earth.

It’s estimated that by 2035, 5G will contribute US$13.2 trillion to the global economy.

Investec.com observes that while consumers are excited about the lightning-fast internet 5G will bring, it’s within companies that the real revolution will happen. “From automated supply chains and professional service robots to global private high-speed networks, 5G will enable – and require – enterprises to reimagine how they do business.”?

A decade ago, the introduction of 4G delivered services we now take for granted such as video chats, streaming high definition videos and hailing a ride service or taxi via online apps. The knock-on impact of 5G will be even more far reaching and touch every aspect of our lives.

To ensure your business is at the forefront of the recruitment industry, disrupting and introducing new tech and tools is essential. Adopting new innovations such as 5G as they emerge can give your company a significant advantage against your competitors.

Talent Insights Group is a specialist recruitment company focused on Data Science, Advanced Analytics, Actuarial, Data Engineering/Technology, and Data Sales roles in Sydney, Melbourne, and Brisbane. And our goal is simple, to help companies make better recruitment decisions.

Whether we’re dealing with candidates or clients, we seek to understand and realise their recruitment needs.?We are open, constructive, and pragmatic; and provide realistic and achievable recruitment advice and services.?

Talent Insights

The Talent Insights Group is focused on Data Science, Advanced Analytics, Actuarial, Data Engineering/Technology, and Data Sales recruitment. Working across Sydney, Melbourne, and Brisbane, our goal is simple - to help companies make better recruitment decisions.

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Sources:?

CB Insights - https://www.cbinsights.com/research/5g-technology-disrupting-industries/

Investec- https://www.investec.com/en_za/focus/innovation/5g-the-next-wave-of-tech-disruption.html