5G could replace Wi-Fi for manufacturers

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This week's highlights: Multichannel shoppers are driving the holiday season , DHL is pouring $300 million into warehouse robotics , Blockchain is moving closer to mainstream adoption, and much more
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5G could replace Wi-Fi for manufacturers

With 5G networks poised to crest the horizon early next year, a number of manufacturers, especially in the automotive space, are exploring replacing their local wired and Wi-Fi networks with the new standard, according to the MIT Tech Review.

They're specifically looking into private 5G networks that would operate at manufacturing sites as well as offices and would only be usable by specified devices, as opposed to being broadly accessible like typical cellular networks.

This could offer an expanded market for solutions from telecoms, which would provide these types of networks.

Business Insider Intelligence's Peter Newman has the full story.
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BRIEFING HIGHLIGHTS

Multichannel shoppers are driving the holiday season

Thanksgiving, Black Friday, and Cyber Monday all hit new highs in online sales, with their year-over-year (YoY) growth accelerating over their 2017 performances. Read More →

DHL is pouring $300 million into warehouse robotics

German logistics giant DHL has announced a new $300 million investment in artificial intelligence, robotics, and automated sorting systems in the US. Read More →

Blockchain is moving closer to mainstream adoption

UK-based Calastone, a transaction network for investment funds, has announced it's migrating its entire global network to blockchain in May 2019, per a press release. Read More →

Amazon is testing bigger Go stores

Amazon is testing the cashierless technology that powers its Go stores in bigger spaces so it can be applied to larger brick-and-mortar locations, sources told The Wall Street Journal. Read More →

WhatsApp is pushing for an India launch

Facebook-owned chat app WhatsApp is requesting permission from the Reserve Bank of India (RBI) to expand its payment services, according to Business Today. Read More →

Social chat apps drive repeat customers

Over half (51%) of US and UK consumers say they're more likely to be a repeat customer to a brand that provides customer service support over social messaging platforms. Read More →

Uber wants to buy Lime or Bird

Ride-hailing giant Uber is reportedly considering acquiring one of the two largest scooter and bike-sharing startups, Lime or Bird, according to a report from The Information. Read More →

President Trump's task force is recommending pricing changes for the USPS

A task force, created by President Trump when he signed an executive order in April with the intent of evaluating the United States Postal Service's (USPS) business model, has released a report with its findings and recommendations. Read More →

Security startup Pindrop nabs $90 million for voice security

Atlanta-based security startup Pindrop has raised $90 million in a Series D round to fund its voice security platform, reports TechCrunch. Read More →

SWIFT is fighting back against cross-border payments challengers

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is piloting a new system aimed at speeding up cross-border transfers and reducing errors, as it fights back against a slew of other projects with the same goal, reports The Financial Times. Read More →
 
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5G and the IoT

Business Insider Intelligence examines how the introduction of 5G is poised to transform portions of the IoT ecosystem. First, we look at the 5G standard broadly, identifying its strengths and weaknesses in comparison with existing standards, as well as laying out the timeline for rollout and expectations within the wireless industry. Next, we look at the new practices that 5G will enable in the IoT, focusing specifically on the capacity for high-bandwidth remote analytics, as well as the ability to use remote processing centers for mission-critical services. Finally, we examine areas where 5G will leave gaps and how companies will need to cope with the standards' early limitations. Learn More →

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