Ericsson CEO Hans Vestberg talks about 5G Internet

Ninety percent of the world will have 3G or 4G Internet by 2020, but 5G will have a dramatic impact on business, Ericsson CEO Hans Vestberg said on October 8th at the Code/Mobileconference at The Ritz-Carlton in Half Moon Bay, California.


“2G, 3G and 4G were designed for consumers, with better throughput and higher speeds,” Vestberg said. “5G is designed for the industrial internet.” For example, Ericsson is part of a new initiative to build an Internet-of-Things service for winemakers, along with Intel, MyOmega and Telenor Connexion; the notion is that sensors in the vineyards, which will debut in Germany, will be able to detect and analyze air, soil and sun conditions, upload that data to the cloud and inform smarter predictions.