TY - GEN
T1 - The Economics of 5G
T2 - 18th International Symposium on Communication and Information Technology, ISCIT 2018
AU - Suryanegara, Muhammad
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2018/12/24
Y1 - 2018/12/24
N2 - This paper introduces the term ARPM (Average-Revenue-Per-Machine), as the forthcoming 5G will also have a machine orientation, not only a human one. From the economic perspective, such a new term will have implications for how service operators value their 5G customers. The number of machines will be important in reflecting the commercial success of a company. This paper argues that there are three strategic implications of this new term. First, the determining factors of commercial success are the type of applications, type of sector and number of machines. Second, machines may behave either as autonomous customers, or as digital slaves of the human subscribers. Third, the Quality of Experience perspective is strongly associated with the generation of smart data, supported by advanced sensors and robust algorithms. The more specialized the machines, the higher the economic value generated, and the more machines satisfactory can be upgraded.
AB - This paper introduces the term ARPM (Average-Revenue-Per-Machine), as the forthcoming 5G will also have a machine orientation, not only a human one. From the economic perspective, such a new term will have implications for how service operators value their 5G customers. The number of machines will be important in reflecting the commercial success of a company. This paper argues that there are three strategic implications of this new term. First, the determining factors of commercial success are the type of applications, type of sector and number of machines. Second, machines may behave either as autonomous customers, or as digital slaves of the human subscribers. Third, the Quality of Experience perspective is strongly associated with the generation of smart data, supported by advanced sensors and robust algorithms. The more specialized the machines, the higher the economic value generated, and the more machines satisfactory can be upgraded.
KW - 5G
KW - ARPU
KW - Economics
KW - Revenue-per-machine
UR - http://www.scopus.com/inward/record.url?scp=85060976696&partnerID=8YFLogxK
U2 - 10.1109/ISCIT.2018.8588006
DO - 10.1109/ISCIT.2018.8588006
M3 - Conference contribution
AN - SCOPUS:85060976696
T3 - ISCIT 2018 - 18th International Symposium on Communication and Information Technology
SP - 191
EP - 194
BT - ISCIT 2018 - 18th International Symposium on Communication and Information Technology
PB - Institute of Electrical and Electronics Engineers Inc.
Y2 - 26 September 2018 through 29 September 2018
ER -