By CAPosts 23 February, 2021 - 06:00am 54 views
The development of 5G technology will be one of the pillars for the growth of the digital economy and its implementation cannot be doubted, as this would imply a setback for Mexico, according to Adolfo Cuevas, commissioner president of the Federal Institute of Telecommunications ( IFT). During the virtual forum "Connectivity for shared prosperity", organized by Huawei, the official highlighted that there is a growth in the possibilities of Information and Communication Technologies (ICT), which will have an immersion in all sectors of the economy and, therefore, 5G networks will be fundamental in this evolution. "It will not be an option to embrace the cause of 5G, it is a duty," said Cuevas, who ruled that "the inability to comply with this will mean poverty and backwardness in Latin America."
© iStockphoto The experts agreed that the development of the Infrastructure will also be relevant for development.
He also mentioned that this is a limited opportunity and if it is not taken from the beginning, Mexico and Latin America would enter a fourth stage of underdevelopment. In this sense, he compared 5G technology with the relevance that the railways or the use of electrical energy had in the economic advance of past centuries. He also highlighted that the first half of this decade will be fundamental for the adaptation of 5G in the countries of the region. “It's about having a complete digital development vision. We have to convert nation states, governments and companies to digital. We have to be digital nations and citizens, ”he said. Questioned by Expansión, Cesar Funes, vice president of public relations of Huawei Latin America, pointed out in this regard that infrastructure is the best investment of any nation to guarantee society access to the digital economy and stressed that this matter should continue to be facilitated for the deployment of technological tools. He said that it is not only about having internet connectivity, which is the basis, but also about having good networks that offer greater bandwidth and low latency, since elements like these are essential for the digitization of industries, which can range from agriculture and mining, to tourism
The effects of the pandemic on digitization
Joquin Saldaña, head of strategy and marketing at Huawei Latin America, said that the implementation of 5G will be a significant step, as it will accelerate the resolution of coverage problems and speed, in addition to the fact that these will represent less difficulties for industries and users. For his part, Andés Bursztyn, professor at the National Technological University of Argentina, said that if the regulatory frameworks of each country do not accompany the growth of infrastructure and consumption needs, it will not be possible to move forward. Likewise, he mentioned that public connectivity networks will be required, as is the case with water or electricity today. Although the pandemic accelerated the digitization of areas such as work, education and companies, Cuevas reiterated that this "internet revolution" must continue and deepen to increase growth, since users will not return to the dynamics so soon they had before. However, Funes highlighted that COVID-19 had as a consequence a setback for investments in 5G technology, but growth in the improvement and coverage of the current service was maintained.
Gallery: Countries that have regulated social networks (Fifth Power)
The GSMA reported at the end of last year that by 2025, 62 million connections are projected in the region, which represents an adoption rate close to 10%. In addition, its high speeds and ultra-low latencies will contribute to the positive impact of the mobile ecosystem, which in 2019 alone generated 7% of Latin America's GDP. Likewise, another effect of this period for Cuevas was that it also forced processes to become more efficient, based on the development of digital skills, which, he pointed out, must be maintained in terms of productivity to add value to the economy. "We have to embrace the cause of 5G not only as an element that adds value, but as something that integrates us into a supranational economy," concluded the president commissioner, who highlighted that for the next five years, in addition to being a regulator, the IFT will seek be a precursor of transformation, influencing other governmental and private entities
Mexico's place in the digital economy
According to data presented by the IFT during the forum, to achieve universal connectivity, Mexico requires investments of 14,000 million dollars and although the country is not in the ideal context, the development of these technologies is one of the most important issues. relevant, according to consultancy Arthur D. Little. In this regard, an analysis presented by Guillem Casahuga, director for Latin America of this firm, mentioned that Mexico's path within the digital economy is on a par with Malaysia, since they are countries that are responsible for the development of manufacturing from the hand of work at low cost. “It is the role that Mexico is contributing to the region. To develop and attract private sector investments for the manufacture of ICT-related goods ”, commented Casahuga, who described that the current situation in the country is to be the preferred investment destination. In addition, he rescued that in order to fulfill this purpose, the availability of people with digital skills must be maintained to develop export businesses, be a lever for new technologies to improve skills and maintain the availability of infrastructure according to the best prices in the environment. He even affirmed that Mexico and other Latin American economies must define their purpose of digital transformation to go from being a manufacturing headquarters nation to becoming a business center in the matter.