Hanoi (VNA) – Cloudcomputing services, artificial intelligence (AI), the Internet of Things (IoT),5G technology, fixed broadband internet, and blockchain technology are expectedto lead the information technology and telecommunications sector in the timeahead, according to a recent survey.
The survey, conducted by the VietnamReport JSC, revealed that technology companies are investing in core andfundamental technologies to serve digital transformation.
Cloud computing services in Vietnam are forecast to develop with better security than physical servers, helping organisationsand businesses increase productivity and save machinery and infrastructureexpenses.
The country’s cloud computing marketis predicted to grow by some 26% annually, the fastest pace in Southeast Asiaand much higher than the global average of 16%.
Meanwhile, about 66.67% ofenterprises are applying AI to their digital transformation process. Capable ofmanaging and optimising infrastructure and customer support, AI is expected toaccess all businesses in the future.
The survey also found that the rateof firms using the IoT this year has reached 86.67%, an increase from 66.67% in2021.
IT experts said this is one of thetechnologies with great development potential at present. By connecting IoTdevices from afar, collecting and managing their data, processing data ondemand, and sharing data with devices outside the IoT network, the IoT will helpautomate processes, minimise labour and infrastructure costs, manage supplychains, optimise energy use, and improve sustainability.
The 5G technology is also believedto be part of the IT and telecommunications sector’s future. Its contributionto Vietnam’s GDP will reach 7.34% by 2025 as projected by the Institute ofInformation and Communications Strategy under the Ministry of Information andCommunications (MIC).
The application of 5G services willhelp telecoms enterprises boost the use of AI and IoT in smart city buildingand business operations, and meet digital users’ demand for high-definitionvideos, virtual reality and augmented reality.
According to the MIC’s Authority ofTelecommunications, telecoms network infrastructure has been expanded to 100%of communal-level localities. The 2G, 3G and 4G mobile networks have covered99.8% of the population while 5G has been piloted in 16 provinces and cities.
By the end of 2021, there werenearly 71 million mobile broadband subscribers and 18.8 million fixed ones,respectively rising 4% and 14.6% from 2020. Internet traffic in Vietnam alsosurged by over 40% last year.
The development of broadbandnetworks is said to have created new spaces for businesses in the post-pandemicrecovery period, especially opportunities for telecoms service suppliers to fuelgrowth in the future.
Regarding blockchain, this is a technologyenabling safe transmission of data on the basis of a complicated data encodingsystem. It has developed beyond the financial and monetary sector to enter manydifferent social aspects. Thanks to its development potential, blockchain isopening up chances for the technology - telecommunications industry, according tothe report./.
The survey, conducted by the VietnamReport JSC, revealed that technology companies are investing in core andfundamental technologies to serve digital transformation.
Cloud computing services in Vietnam are forecast to develop with better security than physical servers, helping organisationsand businesses increase productivity and save machinery and infrastructureexpenses.
The country’s cloud computing marketis predicted to grow by some 26% annually, the fastest pace in Southeast Asiaand much higher than the global average of 16%.
Meanwhile, about 66.67% ofenterprises are applying AI to their digital transformation process. Capable ofmanaging and optimising infrastructure and customer support, AI is expected toaccess all businesses in the future.
The survey also found that the rateof firms using the IoT this year has reached 86.67%, an increase from 66.67% in2021.
IT experts said this is one of thetechnologies with great development potential at present. By connecting IoTdevices from afar, collecting and managing their data, processing data ondemand, and sharing data with devices outside the IoT network, the IoT will helpautomate processes, minimise labour and infrastructure costs, manage supplychains, optimise energy use, and improve sustainability.
The 5G technology is also believedto be part of the IT and telecommunications sector’s future. Its contributionto Vietnam’s GDP will reach 7.34% by 2025 as projected by the Institute ofInformation and Communications Strategy under the Ministry of Information andCommunications (MIC).
The application of 5G services willhelp telecoms enterprises boost the use of AI and IoT in smart city buildingand business operations, and meet digital users’ demand for high-definitionvideos, virtual reality and augmented reality.
According to the MIC’s Authority ofTelecommunications, telecoms network infrastructure has been expanded to 100%of communal-level localities. The 2G, 3G and 4G mobile networks have covered99.8% of the population while 5G has been piloted in 16 provinces and cities.
By the end of 2021, there werenearly 71 million mobile broadband subscribers and 18.8 million fixed ones,respectively rising 4% and 14.6% from 2020. Internet traffic in Vietnam alsosurged by over 40% last year.
The development of broadbandnetworks is said to have created new spaces for businesses in the post-pandemicrecovery period, especially opportunities for telecoms service suppliers to fuelgrowth in the future.
Regarding blockchain, this is a technologyenabling safe transmission of data on the basis of a complicated data encodingsystem. It has developed beyond the financial and monetary sector to enter manydifferent social aspects. Thanks to its development potential, blockchain isopening up chances for the technology - telecommunications industry, according tothe report./.
VNA