What is StarHub’s 5G Enterprise strategy or focus areas? When can the Enterprise business meaningfully monetise 5G?

StarHub’s early-mover advantage in Singapore’s emerging 5G market provides us with a competitive edge to realise new business opportunities in the high-growth enterprise market.

We have been actively engaging customers to discuss and explore the potential of 5G, and we are observing increasing interest from early adopters of 5G solution trials alongside the rollout of our standalone (“SA”) network in 2021.

We have signed MOUs with companies in the education and events sectors to develop 5G use cases, and will continue to work closely with industry partners and solution providers to develop 5G solutions and enable customers to operate, manage and monitor digital assets more efficiently.

The industry expects millions of smart sensors and connected devices to come online in the next few years as Internet of Things (“IoT”) becomes a must-have resource in the digital world. It is predicted that by 2025, the number of connected devices worldwide will increase to 56 billion, 75% of which will be connected to an IoT platform1. To manage these devices, the low latency, and high connectivity capabilities of a 5G network connection is required.

To this end, we launched our 5G IoT solution in February 2021, uniquely designed for massive IoT and delivered as a service. Our 5G IoT platform service intelligently connects, manages and monitors millions of IoT devices deployed for different applications, creates customisable analytics, and provides APIs to integrate with existing and new systems. We want to bring 5G IoT platform to businesses, acting as a key enabler for decision making, and allowing full flexibility, instant scalability and financial prudence. We are seeing emerging opportunities in industries such as construction, logistics and manufacturing that require solution partners to manage the complexities of integration between devices and enterprise systems. Our 5G IoT solution is well-positioned to serve these needs.

With the 5G SA network well underway, we are looking forward to the immense potential brought forth by this new technology. We believe 5G will play a critical role in the future of work and enterprise networking will be transformed in the coming years.