For just about any smart city solution, 5G network infrastructure is an integral part. Next-generation wireless technology is faster and more reliable than its predecessors; it is also designed to reduce latency or the time required to transfer data. Eric Stonestrom, CEO of Airspan, one of America’s leading providers of 5G and Open RAN wireless software and hardware, describes it as a road.
“There’s a lot more capacity that’s being leveraged in 5G,” he said. “Think of it as an eighty-lane mega-highway, when older generations of wireless networks were four-lane streets. In other words, more space on the road allows more traffic – or data – to move quickly and efficiently.
Airspan is helping to build this mega digital highway. The company, which recently announced its intention to merge with New Beginnings Acquisition Corp. public company, helps create the core technology that supports 5G, and they did it with the help of Qualcomm Technologies. Airspan not only relies on semiconductors from Qualcomm Technologies as part of its network solutions, it is also a portfolio company of Qualcomm Ventures. Qualcomm Ventures is foster innovation in the 5G ecosystem by investing in companies that harness the capabilities of 5G and emerge the next wave of innovation.
5G wireless technology is faster and more reliable than its predecessors; it is also designed to reduce latency or the time required to transfer data.
These building blocks of 5G, pioneered by leaders like Qualcomm and Airspan, fundamentally activate the IoT and AI applications that characterize smart cities, notes Stonestrom.
“5G infrastructure offers great opportunities for cities and municipalities, things like smart traffic, smart parking, possibly autonomous vehicles,” he said.
According to Qualcomm Technologies’ Pandit, it’s only a matter of time before 5G begins to transform cities in the United States and around the world. The widespread adoption of advanced wireless networking is coming, with significant implications for the way urban residents live, work and travel.
“Things are getting more and more digital,” he noted. “Over the next five years, these changes will be even more apparent. “