Innovation at the Core: Standalone 5G Core Architecture
Whenever 5G is mentioned, the conversation seems to inevitably shift to 5GNR (New Radio) as the driver for the diverse use cases that will come. Meanwhile, all those 5G mobile core innovations are pushed to the margins, with maybe a mention of network slicing. These same pundits like to tell people that 5G is still years away and to keep building out their 4G cores until it arrives. In reality, what should actually be talked about is standalone 5G core architecture. Sinking investments into a sub-optimal, closed 4G network isn’t biding your time wisely – it’s burying an opportunity
Four ways that a standalone 5G core can drive revenue
Network slicing is just one slice of the 5G pie. There are plenty of ways that a standalone 5G core architecture can drive revenue:
#1. Network Slicing
This is a frequently talked-about capability in 5G where a network is logically “sliced” into different segments with unique policies and capabilities to deliver customized services to an enterprise or group of customers. While network slicing is important in realizing new revenue streams – particularly for enterprise use cases – it can also serve a range of additional use cases such as accelerated transition to virtualization, operational maintenance or new service rollouts.
#2. The Service Based Architecture (SBA)
The SBA enables network functions and external systems to communicate using web-based APIs. For a CSP making the transition from telco-native to cloud-native, this can be a seismic shift. Forget about the days when you needed to understand dozens of telecommunications protocols in order to make a simple connection. In SBA, services can register themselves and subscribe to other services, or new services can be introduced, using the same API patterns. For the first time, a network’s data and services can be exposed in a standard, secure and comprehensible way to innovative third-parties in order to create better services.
#3.Multi-Access Edge Computing (MEC)
Formerly known as mobile edge computing, multi-access edge computing (MEC) is yet another exciting area for growth that requires a high-performance, reliable and scalable mobile 5g core. IPLOOK's MEC solution that allows CSPs to rapidly deploy and monetize use cases such as content delivery networks (CDNs), augmented/virtual reality, autonomous vehicles, drones, IoT, private LTE/5G for enterprise and location-specific services (e.g., in-store retail, advertising, etc.).
This will be critical in the future, as CSPs will need to scale in the hyper-connected societies of tomorrow. The CSPs that execute automated service provisioning and service assurance well will reap the benefits of faster time-to-revenue and higher customer lifetime value.Not all mobile core vendors can deliver on the promise of 5G in the form of ultra-reliable, low latency, high-throughput networks. In fact, most of them cannot deliver this because of fundamental limitations in their technology, operational challenges and the double-sided desire to protect their legacy revenue streams. But all this raises an interesting question: If your vendor has an agenda that doesn’t align with your vision of the future, where are you headed?Make no mistake: 5G is still up for grabs. Someone is going to make a lot of money on new 5G services. It could be the Googles and Amazons of the world – and it probably will be, to some extent – but CSPs have the potential to be the real winners in the battle for 5G services revenue. So what’s your competitive advantage: a network experience that feels like a slightly faster version of 4G or one that completely transforms the user experience by delivering better experiences and driving innovative new services to market quickly? When you need a standalone 5G network, only one truly stands alone:IPLOOK Networks.