Predictions are that 2021 will be the year of 5G technology in Serbia, and that on the other hand the 5G network will be the engine of Industry 4.0, a panel dedicated to digital transformation within Kopaonik Business Forum was attended by top executives, as well as representatives industry.
This year’s Kopaonik Business Forum, the 27th in a row, opened yesterday, gathered a record 1,300 participants, and will last until March 4th.
In what way does Industry 4.0 present a challenge for the future and how prepared we are for the changes it brings, over the course of three days, state representatives, economists and businessmen will discuss.
Industry 4.0 – Can’t do without telecommunications 5.0.
– The 5G network is characterized by a large amount of data, but also by high speeds. With the 5G network it will be possible to download the movie in 3 seconds. Also, an increasing number of devices will be networked, as many as a million devices per kilometer square will be connected – said Mike Michel, CEO of Telenor Serbia.
Predrag Culibrk, CEO of Telekom Srbija also agrees with him.
5G is the technology for the next decade, and we, as operators, are here to develop the network – Culibrk believes.
Big changes are also awaiting the operator industry, which, it is rumored, will have to work together.
– The challenge will be for the industry, as we will no longer be able to have separate base stations, for example. There are now about 10,000 of them, and they are estimated to be seven to eight times as many. So we will have to share them and the need to cooperate will be created – said Dejan Turk, CEO of Vip mobile.
The task of technology will be to help make good business decisions and to collect data is extremely important.
– Collecting and using the data correctly will greatly help in making decisions. Data is the “new fuel, new oil” of the Industrial Revolution 4.0. Yet, according to recent research, only 35% of companies have properly implemented predictive analytics – says Milos Djurkovic, CEO of SAS Institute.
The new industrial revolution will also affect agriculture, and without proper use of data, business will not be possible.
– For us, data is not fuel, but oxygen. At MK Group, we have digitized the process of transport and logistics because it was very important for us to keep everything timelessly organized – said Aleksandar Bijelic, chief digital officer at MK Group and added that new ways of dusting the fields with drones were in the beginning.
The storage and use of data also raises the big question of protecting them.
– Now it’s not just a question of whether someone will steal your data, but also whether it will be misused. It is enough for someone to change one piece of information and thus change all your information – concluded Diana Gligorijevic, CMO Telegroup, eKapija reports.
