5G networks allow building smart factories: ECLAC

Source: opportimes.com opportimes.com

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5G networks make it possible to build smart factories and take advantage of technologies such as automation and robotics, [artificial intelligence](/artificial-intelligence-the-dominance-of-the-us-china-and-the-uk/) , augmented reality and the Internet of things at different stages of the value chain, highlighted ECLAC in a recent report. Therefore, having real-time access to information for decision-making throughout an entire value chain is a fundamental competitive advantage to make efficient use of resources and better meet demand. Despite the pandemic, the pace of introduction of new 5G functionality increased during 2020. According to Ericsson estimates, there were 220 million global 5G subscriptions at the end of 2020,...