How enterprises can prep for 5G
Chevron Corp. disclosed plans in September to add predictive maintenance in its oil fields and refineries by arming thousands of pieces of equipment with sensors by 2024 that will predict when equipment in the field will need to be serviced. But when it comes to Chevron’s plans for upgrading to fifth-generation or 5G networking, which has the potential to move the equipment’s data exponentially faster, with lower latency, and the bandwidth to connect a million devices per square kilometer vs. 4G’s roughly 1,000 devices per kilometer — Chevron is curious, but not ready to commit just yet.