Dec 09, 2020 / 05:15AM GMT
S Iswaran -
Distinguished guests, ladies and gentlemen, let me start by wishing everyone a warm welcome and greetings from Singapore.
COVID-19 has made the anticipated digital future a stark current reality. The pandemic has reinforced the imperative for businesses and individuals to be digitally ready. Digital technology creates new opportunities for individuals and businesses, enhances competitiveness and productivity and critically, in today's context, supports business and social continuity in turbulent conditions.
If our economic resilience and competitiveness lies in digitalization, then its foundation rests on 5G. Its higher bandwidth, lower latencies and dynamic network capabilities will catalyze a wave of transformation across industries and unlock novel applications.
According to the Global System for Mobile Communications, GSMA, the number of global IoT connections between 2019 and 2025 will more than double to almost 25 billion. New products and services in IoT as well other areas like autonomous vehicles and robotics and augmented reality will create new revenue streams
Cisco Systems Inc, Singtel, and Qualcomm Inc at Milken Institute Asia Summit - The Race to Capture the Global 5G Market Panel Transcript
Dec 09, 2020
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