With 10x more speed and virtually instant response times, the transformative nature of 5G will be immense, especially when combined with other technological innovations like software defined networks, big data, machine learning and IoT.
From immersive retail experiences via ultra-high definition virtual and augmented reality, remotely controlled robotics for healthcare to autonomous vehicles for transport and logistics industry; the possibilities are limited only by the imagination.
It’s anticipated that 5G will contribute as much as $50 billion to Australia’s GDP by 2030 according to Deloitte in its 5G Mobile Technology: Are businesses ready to seize the opportunity? report.
2. High-profile breaches and new compliance regulations saw businesses revise their security preparations
High-profile security breaches and new security compliance regulations including amendments to The Privacy Act (1988) in Australia and the European Union’s General Data Protection Regulation (GDPR) brought data security into the boardroom and nightly news alike.
Both laws require data breaches to be publicly reported, prompting businesses to consider their security preparedness programs and test their incident response plans to ensure they can respond rapidly to a breach.
The Telstra Security Report 2018 found that effective planning remains a challenge for most organisations, but is a critical factor in reducing the time it takes to detect, contain and eradicate threats.
To address rising security challenges, Australian businesses also began to converge their approaches to managing electronic and cyber security – recognising that modern security cameras and alarms play a critical role in their data security and preparing for the growth of the Internet of Things (IoT).
3. Our multi-cloud setups reached maturity
The last few years have seen an explosion in cloud adoption – with most enterprises now operating across at least five separate cloud platforms, according to RightScale’s 2018 State of the Cloud Survey.
However, to enjoy the agility, scalability and cost-efficiency that a hybrid cloud can provide, many organisations are having to redesign their networks to “work as one” with their clouds.
Thankfully, the maturing APIs provided by public clouds have also led to more mature tools to simplify their management through automation – helping businesses move quickly without paying for services they don’t need.
To that end, we partnered with Equivnix to integrate the Telstra Programmable Network with Equinix’s Cloud Exchange Fabric™, giving TPN customers streamlined access access to more than 60 clouds in eight markets.
Having trouble getting your cloud migration underway? Check out our interview with VicRoads on their recent jump to the cloud.
4. We connected the Internet of Things to everything
By digitising every step along the supply chain, IoT has helped organisations better understand not only their own operations – but also those of their partners. Across the nation, businesses used IoT to connect their supply chain and transform their business.
The transport industry embraced the power of IoT to better monitor their fleets and maintain compliance with government safety standards, while governments looked to IoT as the backbone of their smart cities and precincts.
5. SD-WAN streamlined international network management
Software-defined wide-area networking (SD-WAN) became the tool de jour for simplifying the provision and management of distributed networks – from mining companies looking to connect a site in the outback to a retailer opening new branches in China or Indonesia.
By decoupling management from the hardware itself, SD-WAN can dramatically cut down the time it takes to establish connectivity in a new area, allowing businesses to take a more agile approach to expansion.
Particularly useful in areas with limited local connectivity, SD-WAN intelligently routes traffic via the most appropriate connections, promoting stability – although contrary to the expectations of some, it has not proved a substitute for access to a high-quality connection provided by a trusted technology partner.