The new 5G Alliance for Connected Industries and Automation (5G-ACIA) is set to transform manufacturing industry and several other sectors of the economy by leveraging the possibilities of the internet of things (IoT) and smart factories.
Established on April 3rd, the Alliance is made up of a number of leading organisations and companies in the manufacturing and telecoms sectors, who have banded together with the common aim of making 5G a reality for businesses as soon as possible.
As well as manufacturing, the sectors expected to benefit most are energy and utilities, public transport, and financial services. The Alliance believes that through the collaboration of its members 5G devices will be working to benefit these sectors by 2020.
Among the specific benefits of 5G is its use of a very high bandwidth with ultra-low latency technology, a perfect combination for dealing with the large and growing amount of wireless data being transmitted by machinery and sensors in manufacturing environments.
Mobile firm Ericsson is among the 26 founder members of the group. Its program manager 5G for Industries Mats Norin said: "5G will help evolve many industries and the development of the technology supports the need for multi-purpose solutions driven by the variety of use cases.
"We need to create the ecosystems that are required for early adoption, and new partnerships and alliances, such as 5G-ACIA, are essential to this process."
Ericsson's own research included the recently released report on the industry impact of 5G, which compiled a collection of insights and ideas of over 900 firms spread across ten different sectors.
This stated that 5G trials will start later this year and that by 2021 over 70 per cent of firms will be using the technology.
The formal launch of 5G-ACIA took place at the Hannover Messe 2018 event last month. As well as Ericsson, its members include Bosch, Huawei, Infineon, Intel, Mitsubishi, Nokia, Siemens, Vodafone, and Yokogawa.