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The benefits of 5G for British business
May 17, 2024
Discover the revolutionary yet accessible ways in which 5G connectivity can help firms of all sizes thrive.
Just a few years ago, most British businesses were rooted in one place – tied to a physical office, for example, or only able to take payments through a fixed till.
These days, 5G is fast-tracking new ways to work, which would have previously been impossible – from ‘smart cities’ where connectivity is crucial to controlling traffic and allowing autonomous cars, to hi-tech farms where technology allows farmers to automate their tools and increase productivity.
As Snehal Bhudia, director of propositions and marketing at Three Business, says: “5G isn't just highly futuristic or exclusive to large corporations who are investing in complex technology. It’s a reality for smaller businesses and on an everyday basis too.”
*according to Ookla [1]
Why 5G is changing the business landscape
The key difference with 5G is that it’s up to 10 times faster than 4G, and can enable many more connections. 5G speeds enable 4k video conferencing and near-instant downloads, so businesses can collaborate seamlessly without connecting to a fixed Wi-Fi or cable.
With 5G as the primary connection to customers and other businesses, it is a far more affordable solution for small enterprises to not only set themselves up, but increase their workforce’s efficiency and deliver excellent customer experiences.
Spanning the business sectors
One cafe in Birmingham opted to use Three’s 5G Business Broadband, instead of fixed fibre broadband, for starting up their business. It helped them to set up quickly, cut costs, take orders and payments, and lets their customers use the fast Wi-Fi.
As 5G coverage grows across the UK, it’s also being used by emergency services to help to save lives. One mountain rescue charity in Britain relies on Three Business’s 5G SIMs to power their investigative drones which fly above the scenes of potential rescues, capturing vital information before human rescuers are sent in.
5G Business Broadband gives you superfast speeds online allowing increased capacity for multiple users. Join our big network for superfast broadband [1].
The mobile payment revolution
Mobile payment enables businesses to switch to working digitally, and has changed the landscape completely for many sole traders, as well as for bigger businesses. From plumbers who can take payments on the go to retailers who set up ‘pop-up shops’, connectivity has enabled both new SMEs and more established players to break down barriers and expand with new locations.
As the use of cash plunges, being able to take mobile payments is now crucial in many sectors, especially for charity donations. As potential donors carry less cash, this has a direct impact on funds raised for vital charity work. Mobile connectivity is helping to counteract this decline.
Video conferencing
Video calls are offering a way for customers to feel in touch without having to physically visit a premises, and for business owners to give their customers the ultimate transparency to their services and how they’re working. This can have a huge impact in terms of trust, whether it’s a plumber demonstrating their work, or a car mechanic showing you what has to be done for your vehicle to pass its MOT.
“When the mechanic calls me to say there’s a problem with my car, and it’s going to cost lots of money, I would have had to rely solely on what they were telling me,” Says Bhudia. “But now he’s on a video call and shows me what’s wrong.”
As 5G grows, so do its benefits to businesses of all sizes. They are able to flex and adapt to the needs of their employees and customers, offering the latest technology to support their work on the go.
This is a shortened version of an article produced by and published on Telegraph.co.uk - read the full article here.
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*See references below for more information [2]