These two regions are working together to decide on the details of this upcoming tech.
The European Union and China have now agreed to work together in order to be able to come up with a working definition for 5G mobile technology, which is a term that is already heavily used despite the fact that it has not yet been properly define.
So far, there hasn’t been a great deal of agreement that has occurred as a standard understanding of 5G.
Among the only things upon which everyone can agree when it comes to defining 5G mobile technology is that it is what will be built and purchased as the next phase after 4G. Therefore, any agreement that will occur between the E.U. and China could be quite an important one. The agreement will be an expansion of the foundation that occurred between the E.U. and South Korea, back in June 2014, as well as another one that was signed in May 2015 between the E.U. and Japan.
Many companies have already been tossing around their own definitions of 5G mobile technology.
Many large players in the mobile tech industry have been talking about 5G for the last while, including Samsung Electornics and, even more recently, Verizon. In fact, in September, Verizon said that they were already working on building 5G networks. That said, actual definitions of the technology have not been provided along with the claims, which has left the industry and consumers somewhat in the dark as to what that actually means.
The definitions for 3G and 4G were created by standards bodies including the 3G Patent Partnership (3GPP) and the International Telecommunication Union (ITU). They have taken a much more measured tack toward creating their definitions.
The ITU plans to come up with its own name for 5G mobile technology at some point in October. The prediction has also been that the name will be International Mobile Telecommunications system 2020, as that is the year in which it has predicted that the first equipment for 5G will hit the market. That said, an actual technical standard for the tech likely won’t occur until February of that year.
BWild |
September 28, 2015
Instagram is a growing force in the mobile commerce sector as it continues to expand therein
Instagram may soon become the most powerful force in social commerce. The social network now boasts of more than 400 million users and has become one of the most prominent engagement platforms in the world. As a mobile-first platform, it has an engagement that is seven times higher than Facebook and Twitter. While Facebook owns Instagram, the social networks operates autonomously but may become one of Facebook’s leading forces in its constant struggle to establish a foothold in the social commerce space.
Social commerce is gaining steam in the digital world as consumers look for new ways to shop online
Social commerce is a relatively new concept. It involves engaging consumers over social networks and exposing them to new products that they may be interested in. Through these networks, consumers can purchase products. This is typically done through mobile devices, as they represent a convenient way to shop online and many of the people that use social networks access these networks with their smartphones and tablets.
Socially-enabled mobile commerce may be the way of the future
PoinSource, a digital marketing agency, suggests that socially-enabled mobile commerce is on the rise. The reason behind this may be because social commerce represents a more intimate and immediate way for consumers to shop online. The fact that Instagram is a mobile-first platform has placed it in an ideal position to take advantage of consumer interests, which it has begun to do tentatively in order to establish a foothold in the emerging mobile commerce market.
User-generated content makes it easy to expose others to popular products
One of the reasons Instagram has become such a powerful force in social commerce is because it relies on user-generated content. Users have found it easy to recommend products they enjoy to their friends and followers, and Instagram has implemented effective call-to-action tools that have encouraged online purchases through the platform. The challenge, however, is for brands to find ways to engage consumers and convert this engagement into purchases online.