The Future Home in the 5G Era audiobook cover - Next generation strategies for hyper-connected living

The Future Home in the 5G Era

Next generation strategies for hyper-connected living

Jefferson Wang, George Nazi, Boris Maurer & Amol Phadke

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Technology & the FutureEntrepreneurship

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The Future Home in the 5G Era
Vision of the Future Home+
Core Technologies+
Consumer Trends+
Industry Challenges+
Role of CSPs+
Platform Ecosystem+

Quiz — Test Your Understanding

Question 1 of 7
What is the primary difference between current smart homes and the 'Future Home' described in the book?
  • A. Current smart homes rely on edge computing, while Future Homes will rely entirely on central cloud networks.
  • B. Current smart devices are connected to the internet but generally cannot coordinate and communicate with each other.
  • C. Current smart homes are hyper-personalized, whereas Future Homes will be heavily standardized for mass adoption.
  • D. Current smart devices are primarily designed for older generations, while Future Homes target only Gen Z.
Question 2 of 7
Why is 5G considered the crucial infrastructure for the Future Home compared to standard home WiFi or 4G?
  • A. It operates on a single, highly stable spectrum band of 5 GHz to prevent interference.
  • B. It automatically encrypts all user data, completely solving the data privacy challenges of the Future Home.
  • C. It can connect up to 1 million devices per square kilometer and reduces latency to only 1 millisecond.
  • D. It eliminates the need for local edge computing by sending all information directly to far-away storage sites.
Question 3 of 7
According to the text, what attitude do Millennials and Gen Zers generally have toward home technology?
  • A. A 'Do It Yourself' attitude, preferring to build and program their own smart networks.
  • B. A 'Wait And See' attitude, preferring to let older generations test new technologies first.
  • C. A 'Disconnect' attitude, seeking to actively remove digital devices from their physical living spaces.
  • D. A 'Do It For Me' attitude, wanting technology that automates mundane tasks without complex setup.
Question 4 of 7
What is identified as one of the biggest roadblocks to creating the seamless user experience of the Future Home?
  • A. 'Data siloing,' where companies are reluctant to share device and customer data with third parties.
  • B. The physical limitations and high costs of laying new fiber-optic cables in older neighborhoods.
  • C. A lack of interest in smart technology from older generations who wish to age in analog homes.
  • D. The inability of current artificial intelligence to accurately process complex voice commands.
Question 5 of 7
Which type of company is uniquely positioned to become the main architect and orchestrator of the Future Home?
  • A. E-commerce giants like Amazon.
  • B. Hardware manufacturers like Philips and Apple.
  • C. Communication Service Providers (CSPs) like AT&T and Verizon.
  • D. Independent app developers and edge computing startups.
Question 6 of 7
To successfully lead the Future Home industry, what business model does the book suggest Communication Service Providers (CSPs) should adopt?
  • A. A closed, proprietary system where the CSP manufactures all compatible smart devices.
  • B. A multi-sided platform model that allows data to flow freely between hardware/software companies, developers, and users.
  • C. A subscription-only model that focuses exclusively on virtual doctor appointments and home healthcare.
  • D. A decentralized blockchain model where users pay individual fees for every kilobyte of data used.
Question 7 of 7
How does the book suggest the central data reservoir for the Future Home ecosystem should be managed to ensure neutrality?
  • A. It should be entirely regulated and controlled by the federal government.
  • B. It should be owned exclusively by the single largest Communication Service Provider in the world.
  • C. It should be managed decentrally by all participants, similar to the SWIFT platform used by banks.
  • D. It should be fragmented into thousands of isolated edge computing centers to prevent any data sharing.

The Future Home in the 5G Era — Full Chapter Overview

The Future Home in the 5G Era Summary & Overview

The Future Home in the 5G Era (2020) envisions the hyper-connected home of the future. How will our domestic lives change when new technologies such as 5G, AI, and edge computing become ubiquitous? And what challenges and opportunities do smart homes hold for businesses? Combining original research and market knowledge, the experts of leading consultancy company Accenture explain what you need to know about the coming era of the future home.

Who Should Listen to The Future Home in the 5G Era?

  • Entrepreneurs and innovators looking for business ideas and inspiration 
  • Business owners and investors preparing for the Future Home economy
  • Futurists interested in how smart technology will transform our lives

About the Author: Jefferson Wang, George Nazi, Boris Maurer & Amol Phadke

Jefferson Wang, George Nazi, Boris Maurer, and Amol Phadke are technology consultancy leaders and directing managers at Accenture, a multinational service company for strategy, consulting, digital, and technological operations. Seated in Ireland, Accenture provides services to around three quarters of the companies of the Fortune Global 500.

 

© Jefferson Wang, George Nazi, Boris Maurer & Amol Phadke, 2020. This Summary of The Future Home in the 5G Era is published by arrangement with Kogan Page.

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