Tag: technology mobile

Australia gained $43 billion for its economy through mobile technology

That figure was generated throughout 2015 and this tech is now expected to boost productivity and workforce participation.

According to the results of a Deloitte Access Economics study, mobile technology last year brought $42.9 billion to the Australian economy and it predicts that it will continue to impact workforce participation while it boosts overall productivity throughout that country and throughout a broad range of demographics.

This already represented a savings of $8.9 billion in workplace participation increases and is predicted to rise.

The figure represented by the revenue from mobile technology for the economy made up 2.6 percent of the total GDP of Australia. It also determined that as a result of mobile tech, approximately 65,000 full time jobs – about one percent of the country’s total workforce – was indirectly supported.

According to Ric Simes, Deloitte Access Economics partner, “Mobile has had a transformative impact on both productivity and labour force participation which, along with population, are two of the ‘three Ps’ we need to get right in terms of driving Australia’s future economic growth.”Mobile Technology - Australia Flag

The mobile technology report was based on the results of a survey that involve the participation of 1,000 Australians.

This data was combined with that collected throughout 37 countries over the last three decades and determined that young people and part-time workers, people with disabilities, people with children, people living in remote areas and people who are on the edge of retirement are using mobile devices to be able to boost their weekly working hours by an average of 0.6 hours.

Among the respondents, 29 percent said that they worked from home at least part of the time. Among them, nearly 15 percent said that they would be required to work fewer hours each week if they didn’t have mobile tech that makes it possible for them to work remotely and while on the go or at home.

According to Australian Mobile Telecommunications Association (AMTA) chair, Matthew Lobb, mobile technology has undergone a considerable evolution since it was first brought to the market about thirty years ago. He pointed out that its continued development is supported by a growing number of advancements such as the Internet of Things, mobile wallets and self-driving vehicles.

5G mobile technology definition underway between the E.U. and China

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.

Mobile Technology - European Union & ChinaMany 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.