Technology

How will the UK economy benefit from future-ready networks?

Future-ready networks are networks that can adapt to the changing needs and demands of users, applications, and devices. They use technologies such as software-defined networking (SDN) and network function virtualisation (NFV) to enable more flexibility, efficiency, and innovation. The UK can benefit from future ready networks in many ways, such as:

Boosting the digital economy and productivity. Future ready networks can support the growth of emerging sectors such as artificial intelligence, cloud computing, and the Internet of Things, where the UK has a competitive advantage. They can also improve the performance and reliability of existing industries and services, such as smart ports, transport, education, and health care. For example, according to Vodafone, widespread adoption of 5G could see £159 billion in productivity benefits by 2035.

Enhancing the user experience and satisfaction. Future ready networks can deliver faster speeds, lower latency, and higher capacity, which can improve the quality of online activities such as streaming, gaming, and video conferencing. They can also offer more choice and control to users, who can access a wider range of network and security services and customise them according to their preferences and needs.

Reducing the digital divide and increasing social inclusion. Future ready networks can extend the coverage and availability of broadband and mobile services to rural and remote areas, where connectivity is often limited or lacking. They can also enable more affordable and accessible solutions for people who face barriers to digital participation, such as low income, disability, or lack of skills.

Supporting the green and sustainable development of the UK economy. Future-ready networks can help the UK economy reduce its carbon footprint and environmental impact, as well as achieve its net-zero emissions target by 2050. They can enable more energy-efficient and smart solutions for various sectors, such as transport, manufacturing, agriculture, and health care. They can also facilitate the integration of renewable energy sources and electric vehicles into the power grid.

Future-ready networks can absolutely help the UK economy cope with the challenges and opportunities of this post-Brexit and post-pandemic era. 

If your business would like to explore these topics further with likeminded companies, why not join IDNet for one of its drinks reception and hosted networking events. Informal discussion groups led by subject experts will help you get ready for the ‘Future-Fibre Workplace’. Events are by invitation only, so if you are interested in applying to attend the next session, please contact Tim@idnet.net

Learn more about our future ready network here

No Comments Found