DIGITAL TRANSFORMATION
Qualcomm also says 5G ’ s full capacity won ’ t be seen worldwide until 2035 and predicts that , by that year , the technology could potentially produce up to US $ 12.3tn of goods and services .
Insurance driven by quantum technology The benefits for the insurance industry are clear . It ’ s a space that thrives on the collection and analysis of data . With enhanced technologies such as AI , the possibilities of assessing risks and handling claims at lightning speeds , all while reducing costs for customers and creating new products , are seemingly endless .
Manish Devgan , Chief Product Officer at Hazelcast , explains : “ Higher bandwidth , lower latency and more reliable networks
“ When you look at the applications where IoT devices are becoming widely used , there are serious implications ”
MIKE McGRATH SENIOR LEAD PENETRATION TESTER , BRIDEWELL CONSULTING insurtechdigital . com 51