With 5G arriving as soon as 2018, the communications industry technology, standards, and business models will underpin significant portions of consumer and enterprise technology platforms. Those platforms need to be designed with identity, trust and security in mind, as they power a more connected, global ecosystem.
With advances in networking, hardware and software technologies, inventions and innovations have become part of our daily lives. 5G will enable and power digitalization of businesses that were once constrained by technology and lack of global ecosystems, which create economies of scale.
Communication service providers (CSPs) are developing strategies for how to best capitalize on the investment in 5G networks and technologies. Most are considering how to increase their “share of wallet” with services that extend and add value to their network, systems, data and customer segments. In most cases they want to avoid becoming a mere bit pipe that simply connects network endpoints to an increasingly extensive ecosystem of over-the-top (OTT) service providers. “Leverage the core” is a term sometimes used to indicate that new business opportunities and associated revenue streams can be derived from a modern, connected ecosystem.
How do we monetize the Internet of Everything?
Being the operator of networks and associated systems places the CSP at the core of today’s connected lifestyles and businesses. Networks are, as we know, the core enabler for a huge and increasing segment of today’s economy. Financial services, consumer leisure services, industry automation, public safety and healthcare are all examples of major industry sectors that are critically dependent on secure, trusted and reliable networks.
It is against this backdrop that we describe in this series of blog posts how CSPs can incorporate the ForgeRock Identity Platform into their 5G network strategy to deliver telecom-grade identity and security services into IoE ecosystems.
Equipped with these critical business enablers, CSPs can establish themselves as the “Trust Core” of emerging connected ecosystems in the Internet of Everything.
Subscribe to the ForgeRock blog for upcoming posts in this series. And download the white paper – The 5G Trust Equation: Network + Identity = Opportunity – to see how the ForgeRock Identity Platform, strategy and industry engagements will enable CSPs and other 5G ecosystem participants to launch trusted, secure and identity-aware platforms for today’s and tomorrow’s globally connected society.