Ericsson launches 5G RAN slicing to power enterprise growth
Ericsson is launching 5G RAN slicing for enterprise and consumer customers to boost connectivity and business efficacy.
The 5G RAN slicing solution allows the management of independent allocation of radio access in order to provide “guaranteed performance”.
Among the key use cases Ericsson has singled out for the technology are manufacturing, online gaming and public safety.
New revenue sources
A report made by Ericsson says: “5G RAN slicing will enable service providers to add greater degrees of flexibility and versatility to their 5G networks. By combining 5G and network slicing software, they will be ideally positioned to offer new ways of experiencing AR, VR and cloud gaming. With these new services, they can gain access to potential new revenue sources and smarter ways to support end customers. There are multiple areas of opportunity in this space, including Massive IoT and video on-demand services in 4K/8K and new formats. However, three use cases stand out for their enormous potential and scalability: online gaming; smart manufacturing; and public safety.”
It goes on to say: “Ericsson 5G RAN Slicing provides exciting opportunities to monetize 5G investments with potential new revenue streams from the consumer and enterprise segments. A 2020 Ericsson report estimates a USD 712 billion addressable consumer market by 2030. The market for network slicing alone in the enterprise segment is projected at USD 300 billion by 2025. The ability to guarantee high-quality 5G services to consumers and enterprises is going to be a game changer, spurring 5G business growth.”
Four key benefits of 5G RAN slicing
Multi-dimensional service differentiation
Unique handling of slice-aware QoS and dynamic radio resource partition for guaranteed SLA fulfillment
One millisecond level resource sharing
Dynamic radio resource sharing at one millisecond for best spectrum efficiency and network asset utilisation
Ericsson Radio System and Cloud RAN
Supported on Ericsson Radio System and Cloud RAN with 3GPP-compliant, multi- vendor environment for slicing features
Scalable, flexible architecture
Scalable and flexible architecture to support all use cases with full dynamic orchestration
Start-ups receive $60 billion investment, smash 2020 record
Start-ups on the continent have raised a massive 43.8 billion euros ($60.9 billion) in just the first six months of 2021, according to figures from Dealroom, surpassing the record 38.5 billion euros invested last year..
This is despite the fact that the number of venture deals signed so far is around half the amount agreed in 2020. Only about 2,700 funding rounds have been raised so far this year, compared to 5,200 last year.
Prime examples in times of change
Examples are Swedish buy-now-pay-later firm Klarna which has raised more than $1.6 billion in two financing rounds, the German stock trading app Trade Republic received $900 million in May and British payments provider Checkout.com snapped up $450 million at the start of the year.
The figures suggest that European tech firms are pulling in far larger sums of money per investment than in previous years, which defies the economic uncertainty of the pandemic and boosted online services enormously.
The CEO of Checkout.com, Guillaume Pousaz, said start-ups have often been created in times of crisis, citing the emergence of several new financial technology companies in the wake of the 2008 global financial crisis.
He added that big transformational change was often the time when there is the emergence of a lot of new start-ups, sometimes when people are losing their jobs for associated reasons.
UK leading the charge
Scale-Up Europe, a group that includes the founders of UiPath and Wise, proposed 21 recommendations to help the region build “the next generation of tech giants.” Among the suggestions are tax credits to corporates for investing in start-ups and regulatory changes that adapt to new innovations.
Sebastian Siemiatkowski, CEO of Klarna, said the U.K. leads Europe when it comes to tech policy, and that there were a number of regulatory issues needing to be addressed before the European Union can produce tech giants of its own.
Siemiatkowski highlighted EU regulation of web cookies as an example of “poor regulation.” Yet, as the number of $1 billion start-ups in Europe continues to grow, the number of exits in the continent is also increasing.
This year has already seen some notable acquisitions, including Etsy’s $1.6 billion purchase of U.K. fashion resale app Depop and JPMorgan’s takeover of London robo-advisor Nutmeg.
As for stock market listings, a number of notable debuts have taken place in London in particular, including food delivery app Deliveroo, cybersecurity firm Darktrace and reviews site Trustpilot. Money transfer giant Wise, formerly known as TransferWise, plans to go public in the U.K. capital soon.