CIOs are setting the stage for the adoption of a number of promising technologies at various stages of development.
CIOs are setting the stage for the adoption of a number of promising technologies at various stages of development. They consist of Web 3.0, IoT, metaverse, and next-generation analytics.
CIOs will need to take into account the potential for cost savings and new monetization opportunities associated to providing improved customer experiences when evaluating these new technologies. This, however, may be a difficult balancing act.
Think about all the IoT gadgets that make up the smart home or smart city that are already online today, including smartphones, cameras, sensors, refrigerators, and everything else. There is the possibility for billions of linked devices as IoT moves from Wi-Fi to cellular, which would result in an unprecedented amount of device traffic. The International Telecommunication Union’s list of performance criteria recommends that the next-generation network should be able to handle 10 times as many devices as the existing mobile networks, which have limited capacity to handle that additional traffic.
Utilizing next-generation mobile network speeds may mean different things to various businesses, but for the majority of firms, it ultimately comes down to increasing productivity and reducing wait times. Smartphone use among employees is already prevalent, but consider the exponential growth for individuals who primarily rely on mobile networks. Additionally, teams may use augmented reality and artificial intelligence in the workplace thanks to next-generation networks.
Managing Next-Gen Networks
Once a CIO understands the transformative potential of the next-generation network, it’s time to tackle the upcoming challenges.
First, without the support of other departments, CIOs won’t succeed with any new technological mandate. It’s crucial that departments break out of departmental traps and silos and truly focus on what the larger goal is when chances arise that might have significant effects on people, companies, and city operations.
The importance of cybersecurity to every CIO is much greater. All of those devices that are now online are interacting with one another, and depending on how they are set up, they can be transmitting data into and out of your network.
If cellphones can send gigabits of data per second, if the intellectual property is not protected, it might be lost forever and given to a rival.
Get ready for amazing innovation as mobile networks reach previously unheard-of speeds. The following Uber, Airbnb, and Snapchat are just around the bend. However, implementing and adjusting to ground-breaking technology necessitates addressing the implications for ethics and human resources, a responsibility that is increasingly falling to the CIO.