On February 21, ZTE Corporation (0763. HK / 000063. SZ) and Deloitte China jointly released the 5g + ICT industry trend white paper: innovation, survival and development. The white paper briefly reviews the global 5g development in 2019, analyzes how operators and equipment manufacturers can reduce costs, increase efficiency and open innovation in the complex international political and economic situation, and takes the intelligent manufacturing industry as a sample to analyze in detail how 5g can enable the vertical industry and promote digital transformation.

The white paper points out that the needs of customers in 5g era are characterized by personalization, customization and polymorphism. Operators and equipment manufacturers are trying to explore the industry rules and demand characteristics. It is expected that in the future, operators will build an open and powerful middle platform, integrate resources, and provide relevant capabilities to ecological partners and markets.

How 5g enables vertical industries to promote digital transformation

Wang Xiang, senior vice president and chief strategy officer of ZTE, said that 5g has been integrated into the key capabilities of the industry since the beginning of its definition. On the basis of building ubiquitous communication, it adds AI enhancement, evolutionary perception and control intelligence, comprehensively improves the level of information collection, transmission, processing and application, and provides business and social operation innovation, product service innovation and mode innovation Break the optimization cycle and consolidate the foundation. In the age of 5g, solution providers build a minimalist target network by unifying the “subtraction” of network control layer and simplified access layer hardware; integrate the “addition” of key features such as artificial intelligence and edge computing to make the network more intelligent; divide the “division” of end-to-end slices to meet the different chemical industry scene guarantee and coexistence; open 5g key production factors and cross-border deep integration with vertical industry“ Multiplication “enables the whole society to make use of the elements to carry on the combination innovation, and causes the matrix revolution of each vertical industry business model.

Lin Guoen, a leading partner of Deloitte China’s technology, media and telecommunications industry, said that in 2019, Deloitte signed a strategic cooperation agreement with ZTE to share resources and complement each other’s advantages in multiple fields. Both sides are determined to share 5g + ICT knowledge and experience with the industry to jointly promote industrial progress. This time, Deloitte gave full play to its advantages in cutting-edge insight in the field of global smart cities, deep understanding of smart manufacturing and practical experience, combined with ZTE’s insights into 5g and ICT industries and the first-hand materials of downstream customers, and jointly completed the writing of this white book.

Pu Qinglu, Secretary General of Deloitte 5g Application Research Institute and partner of financial consulting business strategy and research, said that 5g opened up new space for the development of various industries and the whole society, with application scenarios landing one after another and rapid iterative evolution. Traditional industries and ICT industries accelerated their running in, industrial digital transformation gradually launched, and intelligent manufacturing will become 5g’s largest industry application scenario. After 5g is applied to intelligent manufacturing, on the basis of improving production efficiency, it will also be used for product and service innovation, enterprise business model innovation, and then promote the digital transformation of qianhang Baiye, becoming a new engine of social development.

ZTE is the world’s leading provider of integrated communication solutions. Through providing innovative technology and product solutions for telecom operators and enterprise network customers in more than 160 countries and regions, the company enables users all over the world to enjoy all-round communication including voice, data, multimedia, wireless broadband, etc. At present, ZTE has fully served the global mainstream operators and enterprise network customers.

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