Cigniti CEO in Conversation With Dalal Street Investment Journal on 5G-Enabled Industries and Cigniti’s Strategic Outlook
Dalal Street Investment Journal, 25 Mar 2022
5G-enabled industries have the potential to drive and define the next decade of innovation, believes Srikanth Chakkilam, CEO and Non-Executive Director, Cigniti Technologies Ltd
Can you share your insights on how 5G technology will be essential in the post-pandemic world?
As software continues to be the critical component of every business, connectivity to the digital superhighway is imminent. 5G technology makes this possible. It has the potential that we have already experienced that can significantly re-shape human life, not just business. AI-led robotic surgeries which are video streamed, annotated and guided are today possible with 5G enabled ecosystems. There cannot be a better use case than the above to signify how 5G is impacting the human generation in this pandemic period and beyond. The pandemic has reshaped our daily lives, as well as the way business activities, are being conducted.
For example, pandemic restrictions forced many factories and industrial plants to close, disrupting production lines and supply chains. Covid-19 accelerated the demand for connectivity with consumers and professionals today are relying on high-quality and high-speed internet performance more than ever. 5G-enabled industries have the potential to help drive sustainable economic growth and define the next decade of innovation. Remote-controlled machines that communicate over 5G have suddenly became vital – they allowed human operators to steer drones, cranes and other industrial equipment with greater precision, speed and efficiency without having to be on site.