The core beneficiaries of 5G will be enterprises which will dramatically change how telecom operators in India and rest of the Asia Pacific and Japan region earn their revenue in the next five years, a top executive of global networking giant Cisco said here on Monday.
“In the 5G era, telcos will earn 70 percent of their net revenue from enterprises. Right now, only 30 percent of their revenue comes from enterprises, while the rest comes from consumers,” Sanjay Kaul, Head of Asia Pacific and Japan, Service Provider Business, Cisco, told IANS during an interaction at the India Mobile Congress (IMC) 2019.
“This is a huge shift. For example, if you go to a factory and make it smart, you can significantly reduce their operating cost and telecom operators can then claim a share of the credit for reducing the cost of operation and earn some revenue in return,” Kaul added.
Cisco, he said, will be able to help telcos monetise their services as the company manages almost 70 per cent of internal network of most enterprises