Episode 177: Data Implications of 5G & IoT

This week, Wei-Shen and Tony discuss the increase in data that firms will see coming to market as a result of 5G networks and IoT-connected devices. They talk about how firms might tackle this, following on from the current challenge firms face with alternative datasets. Then, they discuss some of the concerns surrounding the rollout of 5G and what that means for the future of financial firms and people. 2:00 – To start, Tony gives an overview of his 5G and IoT story. (https://www.waterstechnology.com/technology/4743391/5g-iot-are-you-ready-for-the-data-deluge) 4:00 – They discuss the vast amount of data that will come to the market as a result of 5G rolling out, coupled with more IoT-connected devices. 6:30 – Then, they question how firms will deal with this mountain of data coming in, as this is one of many key challenges firms deal with now? 9:00 – Is the key deciding when to fail when experimenting with noisy datasets? 13:00 – Will this mean we’ll see more consolidation in the industry? 15:00 – Tony breaks down some of the political, privacy, and potential health concerns 5G could bring. 21:30 – Then, they talk about whether there’s a need for New Year’s resolutions. 26:00 – Wei-Shen and Tony wrap up the podcast crooning to Max Bowie’s latest Christmas data song. (https://www.waterstechnology.com/data-management/4732271/let-it-snow)