Introduction
There isn’t a business or a communications provider that doesn’t know the significance of 5G networks, which ensure low latency and data transfer speeds that can be as much as 100 times faster than their 4G network counterparts. The benefit of these high-speed networks for big data payloads goes without saying, but there are also reasons why paying the extra money for 5G or even 4G capability doesn’t make sense, even with big data.
Significance of High-Speed Networks
Capitalizing on the benefits that slower data transport such as 2G or even 0G networks can bring to the world of the Internet of Things (IoT) are companies like Sigfox, which offers a global “slow G” communications network for operators in the logistics industry.
“Our focus is on asset tracking,” said Ajay Rane, Sigfox global business development vice president. “Companies often find improved returns on investment (ROI) for the assets they are tracking when they can reduce the cost of the communications they are paying for.”
Rane cited the example of trucks transporting apples.
“The apples might be worth $50 to $100 per pallet,” he said. “Companies can ask themselves if it is worth it to have high-power communications for their networks, given the relatively low value of the cargo. There is an advantage to using communications with speeds at the 2G or 0-G level because it is significantly less expensive, and you can get to ROI faster.”
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