The 21st century is the era of digital transformation and satellites are a key part of the mix. The author explains how things need to change to enable the successful integration of satellite, terrestrial and Cloud infrastructure using the concept of virtualisation.
Digital transformation is happening across every industry in every region of the world. Although we are already connected, this is about to become ‘hyperconnectivity’, in a world where 5G and the network of networks connect, monitor and optimise our business operations.
Data and business intelligence platform, Statista, predicts that, by 2027, global spending on digital transformation will reach US $3.9 trillion, up from $2.15 trillion in 2023. Meanwhile, multinational business services company, Accenture, reports that Artificial Intelligence (AI), the Cloud and the Internet of Things are the top three areas in which companies are scaling up. International law firm Baker McKenzie states that a huge 77 percent of companies have already embarked on their digital transformation journey. The field is experiencing an incredible acceleration.
