Home 5 Revenue-Driving Applications of Private LTE Services

5 Revenue-Driving Applications of Private LTE Services

Home 5 Revenue-Driving Applications of Private LTE Services

5 Revenue-Driving Applications of Private LTE Services

by Tim Irwin
Tim Irwin

In my last blog about monetizing Private LTE Networks, I made the case for private LTE services as a way for mobile network operators (MNOs) to monetize their networks. In this blog, I’d like to highlight some of the use cases and applications for private LTE services—that is, the nitty-gritty of how MNOs can actually make that money.

Today, the mobile network is more or less a pipeline between content consumers and content providers. As mobile communications increase—and they stand to increase significantly for the foreseeable future—that pipeline needs to expand. If MNOs intend to backhaul that traffic through their network, they need to expand the entire pipeline, from core to edge. From a network transformation perspective, that’s like starting your journey by climbing Mt. Everest.

Private LTE services offer a shortcut to expanding network capacity at the edge, which also gives MNOs more control over the user experience. They can deploy private LTE at the edge of their cell sites or at the edge an enterprise’s network. By moving network services to the edge, MNOs can then decide whether traffic should remain local (e.g., a retailer delivering an in-store wireless experience to shoppers) or be backhauled through the network. This ability to break out services at the edge allows MNOs to infuse more security in the private LTE service or connect it directly to the cloud for more flexibility.

Applications of Private LTE Services

Although the uses cases for private LTE will largely be driven by enterprises themselves, here are five applications that represent an opportunity for MNOs right now:

Secure in-building wireless access

Most enterprises use Wi-Fi for in-building wireless communications. But Wi-Fi has limitations in coverage, bandwidth, and security that LTE does not. Enterprises could use a private LTE network in their building to provide secure, wireless access to business applications. They can even add an extra layer of security to their communications by using a captive portal within the private LTE network to serve as an authentication proxy, thus blocking unauthorized users from accessing those applications.

In-store experiences

Retail customers are looking for enhanced experiences in brick-and-mortar stores, from digital shopping assistants to augmented reality. A private LTE can help deliver these experiences on mobile devices with security, quality, and low latency.

Healthcare applications

The healthcare industry is heavily regulated in terms of how it can collect and share data. While many of these regulations are around personally identifiable information, even devices like heart monitors are subject to strict requirements. Wireless heart monitors must demonstrate a chain of trust in communications that ensure data cannot be manipulated in transit. A private LTE service combined with technology such as Affirmed’s vProbe can provide a detailed record of every IP flow and satisfy the need for compliance reporting and auditing.

Theft mitigation for IoT devices

While the chances of someone running off with our home thermostat are probably slim, manufacturing companies are reasonably concerned about equipment theft, particularly when that equipment contains sensitive information. In the event that a wireless-enabled device is removed illegally from a factory floor, a private LTE service could allow the device owner to effectively shut off its operation once it leaves the private LTE network’s range, even limiting the device’s functionality to just sending out a location signal.

Stadiums

Sporting events are often cited as an ideal use case for 5G technology, but private LTE services can deliver the same cost-efficient connectivity for dynamic events that require short periods of large capacity. Much like in-store experiences, in-stadium experiences can include augmented reality, secure mobile payments, and strong wireless connectivity within the stadium structure.

Let Private LTE Services Open the Door to Profitability

As you can see, applications of private LTE provide an entry point into next-generation services that can drive revenue today. Enterprises will pay more for these experiences because their customers will pay more for them. You don’t need to wait for 5G; the revenue opportunities are knocking right now. Let private LTE open the door to a more profitable future today.