Digital Minister Urges Local Businesses to Embrace 5G Technology for Global Competitiveness, Malaysia

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Digital Minister Urges Local Businesses to Embrace 5G Technology for Global Competitiveness

KUALA LUMPUR: In a bid to stay competitive in the global market, the Communications and Digital Minister, Fahmi Fadzil, is urging local businesses to adopt 5G technology. He emphasized the pivotal role that 5G plays in other developed countries and highlighted its significance in today’s digital world.

During his recorded speech at the CelcomDigi MY5G Conference & Tech Showcase 2023, Fahmi referred to a study by the Global System for Mobile Communications Association (GSMA) that identified infrastructure, innovation, data governance, security, and people as the key components required for a digital nation. He stressed the need for holistic development in these areas to prevent any gaps or delays during the implementation of 5G technology.

Fahmi commended the recent collaboration between CelcomDigi and logistics giant DHL, which resulted in the launch of Malaysia’s first 5G-powered AI autonomous inventory management system. This successful implementation showcased the precise operations and significantly increased efficiency achieved through the combination of AI and 5G technology. He encouraged local businesses to follow this example and take the lead in developing 5G enterprise solutions.

The CelcomDigi MY5G Conference & Tech Showcase 2023 served as a platform for various industries and stakeholders to explore opportunities for 5G adoption. The event showcased real-world examples of how 5G is currently being utilized across different sectors in Malaysia. Industrial training, EV recharging ecosystems, robotics, traffic management systems, health services, and more were among the highlights of the conference.

With over 400 leaders and decision-makers from 220 companies attending the conference, Fahmi emphasized the importance of enterprises leveraging this opportunity to find advanced technologies and new solutions that will drive their businesses’ next phase of development.

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As digitalization continues to reshape the global landscape, 5G technology has become crucial for businesses aiming to thrive in the competitive market. By embracing 5G, local companies can enhance their operational precision and efficiency, enabling them to remain at the forefront of the digital revolution.

In conclusion, the Digital Minister’s call to embrace 5G technology resonates as businesses worldwide increasingly rely on digitalization. With 5G being the catalyst for transformative growth, local businesses must adopt this technology to stay competitive on a global scale. The CelcomDigi MY5G Conference & Tech Showcase 2023 provided a platform for industries to witness real-world examples of 5G implementation, inspiring them to explore opportunities and drive the next phase of development. It is clear that 5G adoption is essential for local businesses to thrive in the digital era.

Frequently Asked Questions (FAQs) Related to the Above News

What is 5G technology?

5G technology refers to the fifth generation of wireless communication networks. It offers significantly faster speeds, lower latency, and increased bandwidth compared to its predecessors, enabling a wide range of applications and services.

Why is the Communications and Digital Minister urging local businesses to adopt 5G technology?

The Minister believes that adopting 5G technology is crucial for local businesses to stay competitive in the global market. It plays a pivotal role in other developed countries and is highly significant in today's digital world.

What are the key components required for a digital nation, according to the Global System for Mobile Communications Association (GSMA)?

The GSMA identifies infrastructure, innovation, data governance, security, and people as the key components required for a digital nation.

Can you provide an example of a successful implementation of 5G technology in Malaysia?

Yes, the collaboration between CelcomDigi and logistics giant DHL resulted in the launch of Malaysia's first 5G-powered AI autonomous inventory management system. This successful implementation showcased the precise operations and significantly increased efficiency achieved through the combination of AI and 5G technology.

What was the purpose of the CelcomDigi MY5G Conference & Tech Showcase 2023?

The conference served as a platform for various industries and stakeholders to explore opportunities for 5G adoption. It showcased real-world examples of how 5G is currently being utilized across different sectors in Malaysia.

What were some highlights of the CelcomDigi MY5G Conference & Tech Showcase 2023?

Highlights of the conference included demonstrations and presentations on industrial training, EV recharging ecosystems, robotics, traffic management systems, health services, and more, showcasing the diverse applications of 5G technology.

How many attendees were present at the CelcomDigi MY5G Conference & Tech Showcase 2023?

Over 400 leaders and decision-makers from 220 companies attended the conference.

Why is embracing 5G technology crucial for local businesses in the digital era?

As digitalization continues to reshape the global landscape, 5G technology has become crucial for businesses aiming to thrive in the competitive market. Embracing 5G enables companies to enhance operational precision and efficiency, allowing them to remain at the forefront of the digital revolution.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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