The Telecommunications Industry Association (TIA) recently published a Q&A interview with TIA’s board chairman, Doug Moore, who is also CEO of Fujitsu Network Communications, Inc.
The interview centers on issues currently facing the information and communications technology (ICT) industry as the world begins to emerge after more than a year under work-from-home and social distancing advisory orders surrounding the COVID-19 pandemic, and what challenges and opportunities lie ahead for the industry.
An excerpt from the interview is as follows:
Question: What are the big challenges and opportunities you see in the next 1-3 years for the ICT industry?
Doug Moore: COVID has had an enormous impact on every industry, including ICT, over the past year. The virus remains a near-term risk with new variants circulating and global herd immunity far from a reality. Its tendrils extend into many of the challenges and opportunities that will characterize the next three years.
COVID distancing restrictions initially forced many companies to extend their status quo and delay needed innovation until a return to in-person engagement was possible. Reinstatement of restrictive distancing rules is a threat until virus containment is achieved. Macroeconomic recovery speed is a substantial risk for the business community, and particularly for the ICT industry.
There are positive economic signs but we still have a long way to go to recovery. Increased component lead times and compromised shipping capacity are among challenges for the global supply chain. While shipping capacity will recover as air travel returns, supply capacity is expected to remain a challenge through the end of next year.
But it’s not all bad news. On the positive side, many companies are accelerating their digital transformation and increasing the use of digital technologies. 5G infrastructure and private 5G deployments offer great opportunities to drive positive outcomes for a variety of use cases across industry verticals. Open networking is poised to take off with the advent of initiatives like O-RAN, Open Line System and Open ROADM and promises to improve innovation and supply chain security and eliminate vendor lock-in for optical and wireless networks.
Companies are also recognizing and using their power to positively impact society. The surprise success and overnight popularity of “from home” has immense potential to generate positive environmental and climate impacts. New corporate social activism promises to move us toward a more inclusive and equal society.
Q: As the ICT industry prepares for post-COVID life, what do you think the lasting impact will be from pandemic?
DM: I expect three macro factors to have long-term consequences for the ICT industry and particularly for communications networking:
- The pandemic has made clear the extent to which humanity is globally connected and interdependent. While we have differences culturally and politically, the need for multinational cooperation has never been more critical. The U.S. and its allies need to engage decisively and take the lead on many fronts, including in the standards community.
- Since last March, broadband networks have been a lifeline which enabled a shift to everything “from home”. The virtual workspace promises to be one of the lasting legacies of the pandemic, but each business needs to find its own balance. The teleworking trend will be tempered with hybrid work environments as each company determines what mix meets its business goals.
- Social distancing and its effects on daily life have lent international prominence to the critical economic and social importance of communications networks. Wireline and wireless broadband networks are vital infrastructure and that has never been clearer. Pre-pandemic, regulatory agencies across the globe were already making licensed and shared spectrum available to support the promise of 5G. In the U.S., Canada, and beyond, pandemic-related policy and programs to drive investment and ensure connectivity across the region will stimulate broadband expansion as well as encouraging further spectrum availability.