Everyone seems focused on whether major device makers can ship 5G-ready phones. And indeed they are coming forward with devices (e.g., Samsung, Huawei) based on chip designs from major manufacturers (e.g., Qualcomm, Huawei, Intel).

But while many are focused on the device challenges (such as will Apple’s iPhones use Qualcomm or Intel modems, or design their own?) and the potentially billions of connected “things” expected in the next few years, the devices are just the tip of the iceberg when it comes to 5G. The real “below the water line” challenges, the more than 80% of the challenges in making 5G real, are in updating and creating networks that can truly provide all of the variety of services and capabilities that we expect.

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The Internet of Things (IoT) has captured much attention recently as more devices like wearables, AR/VR headsets and sensor-based products make their way to market. But off-the-shelf consumer-oriented devices are not always what enterprises need. Rather, most companies need a more specialized approach than just deploying things all over the place.

As a result, the more specialized Enterprise of Things (EoT) is becoming a significant part of nearly all companies' plans for the next three to five years. Indeed, we expect EoT to become a top 3 item on most organizations' strategic initiatives in the coming two to three years. EoT will partner with ongoing enterprise cloud and security initiatives as organizations look to transform how they do business and run more efficient and user-responsive operations. But research shows that for many companies currently deploying or planning deployments of EoT, it’s a waste of money.

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