Leveraging 5G connectivity, IoT and data analytics innovations can provide critical information that will enable crowd management and ensure smarter governance – helping make better decisions and deliver a better quality of life. From energy distribution to food provisioning, IoT applications powered by 5G offer many sustainable solutions. More importantly, edge computing will play a crucial role in enabling digital transformation on a sustainable pathway, helping reduce global emissions by up to 15% by 2030. Intelligent platforms at edge and faster network, together with varying but connected systems will enable huge amounts of data to be processed in real-time- boosting data-based decision-making. The increased demand for connectivity will require more data transfer power akin to 5G. And with 5G connectivity rolling out in many countries, the possibilities are endless – particularly when built on a solid foundation of cyber resiliency and data storage. Artificial Intelligence can help transform healthcare, and edge computing can unleash the full power of IoT for environmental monitoring and climate modelling, transport, and sustainable resource management. The technology industry has the capability to start making a genuine impact. The challenge is huge, but as we learned with Covid-19, when we truly apply ourselves to a global problem – technology can be a great catalyst. By 2050, the number is projected to reach around 1.2 billion people globally. ![]() The annual Global Trends Report by the United Nations found that nearlyĥ million people in India were internally displaced due to climate change and disasters in 2021. ![]() This will be particularly important as we adapt to meet the needs of a world engulfed in a climate crisis. But tech and digital-led businesses can help reduce this impact, creating jobs and economic opportunity across the world.Īlso read: Commerce department rejig to make it future-ready: Piyush Goyal That’s without considering the impact of current geopolitical uncertainties. The WEF Global Risks 2022 report forecasted that by 2024 the global economy will be 2.3% smaller than it would have been without the pandemic. There are plenty of challenges along this path of recovery.
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