KUALA LUMPUR: The government will introduce a RM5 billion grant for ecosystem development to promote technological innovation in the country as 5G presents an unprecedented challenge to rethink to achieve aggressive performance goals.
Strong industry partners including several innovation consulting services are involved at all stages of development, from initial research to the development of standards and technologies and networking. Validation and testing at the development stage ensure that 5G ultimately fulfils its promise.
Finance Minister Lim Guan Eng said when he announced the 2020 budget today; that the government would also provide RM 25 million for digital grants. “This is to encourage more digital application pilot projects for delivery drones, self-driving cars, blockchain technology, and other products and services that will benefit investment in fibre optic and 5G infrastructure,” he mentioned in Parliament.
A total of RM20 million will be allocated to the Malaysian Digital Economy Company to help build local champions for digital content, especially electronic games, animation, and digital art. Lim also said the government would provide high-speed and high-quality connectivity throughout the country under the five-year National Plan for Fibrillation and Connectivity (NFCP) with an investment of RM 21.6 billion.
As part of the NFCP, the government will also improve connectivity in rural areas, especially in Sabah and Sarawak. “The Malaysian Communications and Multimedia Commission will allocate RM250 million to provide broadband access through satellite technology. He also added that “Priority will be given to locations in states that can facilitate and speed up the NFCP.”
It is proper that we know that 5G uses an unprecedented spectrum of a cellular system, uses a very wide radio channel, uses virtualization methods and supports new, very stable and low latencies, which allows for ultra-high density for changing wireless capabilities.”
According to a new survey done by Rysavy Research; research companies expect the 2020s and 2030s to see how the 5G revival will change every aspect of our lives. 5G Global Study: The results of transformation technology detail the social transition from 1G to 5G in the 80s that has developed around the world in recent months.
Peter Risavi, president of Rysavy Research, said: “The move to 5G is consistent with the ongoing evolution of 4G LTE. The report was prepared in collaboration with the American 5G, American Industrial Association 5G, and LTE in the United States. The report predicts that 5G will become the basis for a fully digital environment characterized by autonomous cars, smart cities, laptops, and innovation.”
5G will play an important role in improving wireless access, augmented and virtual reality, high-definition video, healthcare systems, cloud games, cars, school systems, smart cities, laptops, and video surveillance. I have problems accessing fixed cable factories quickly integrate smart systems or IoT devices into their work processes, and 5G helps reduce costs.
In rural areas, small cable networks can now be used to create and support wireless technologies that expand broadband access for more people. As technology adoption expands exponentially, cities and enterprises must provide more comprehensive and better data systems than ever before. We can foresee the development potential of the next generation in 2030, which is classified as “more than 5G” and can withstand a theoretical maximum speed of 1 terabyte per second.
With 5G networks, cities can “manage the transport of pedestrians and cars, connect consumption meters and manage the containers that they can count on when they need to empty.” This 5G development grant is indeed a great move by the Malaysian government to grow Malaysia, along with the help of the innovation management and consulting services.