Companies expect productivity increase of 32% in the 3 years after implementing latest wireless technology

Companies see wireless connectivity as a path to productivity, but remain aware of challenges

New research from Panasonic Connect Europe shows that companies expect investments in wireless technology to increase productivity by an average of 32% in the three years following implementation. Many respondents (36%) indicate that 5G is the most important wireless technology investment for their company, with Private Campus Networks being more popular than public networks.

One in five (22%) consider WiFi 6 to be the most important type of wireless technology. WiFi 6 is a substantial upgrade over its predecessor, offering faster connections and improved flexibility for networks with high loads of connected devices. Interest in Bluetooth and Long-Range Wide Area Networks (LoRaWAN) was also high (21%), as organizations look for the right technology for specialized applications in their own industries, such as supply chain logistics and manufacturing.

Overall, investments in wireless technology are moving forward quickly, with 41% of decision makers having already made the decision to invest in wireless projects or are in the planning process. Another 38% are even already in the implementation phase.

Barriers remain
However, there are challenges that must be addressed: 24% of respondents admit to being concerned about IT security, 22% about interoperability and connectivity issues with their existing IT infrastructure. One in five question the manageability of wireless network technology, and a similar percentage say they lack confidence in IT resources, knowledge and skills.

"This survey highlights that this is a critical period in wireless technology investment and decision-making. The advent of 5G, the evolution of WiFi and the innovation around Bluetooth and LoRaWAN are accelerating the connected world in ways that would have been unthinkable just a few years ago. It is clear that business leaders believe that wireless connectivity offers huge opportunities, but there are also challenges to overcome," said Jan Kaempfer, Marketing Director for Panasonic Connect Europe.

Industry opportunities
"Companies lack internal expertise and resources, and technology vendors can support organizations with expertise and training to build more confidence in the technology and address the lack of resources. But overall, the perception about 'wireless' is very positive, and we see a strong need for innovation and advanced implementation. At Panasonic Connect Europe, we are committed to helping business leaders understand the key drivers for investing in wireless technology, the key technologies and their applications, and how to overcome barriers."

The survey, conducted by independent research firm Opinion Matters on behalf of Panasonic Connect Europe, surveyed more than 300 senior decision-makers responsible for wireless and networking technologies in the United Kingdom, France and Germany, in the retail, logistics & supply chain, manufacturing, education, location-based entertainment and public sector and emergency services sectors.

Click hier to download an executive summary of Next Connections: Exploring Wireless Connectivity Investment and Adoption in Europe.

Press Contact
For more information, additional footage or to request an interview with Panasonic

Serge Beckers
PR consultant
serge.beckers@wisse-worldcom.nl
+31 (0)26 443 15 23

Brecht Dhooge
Marketing Manager Benelux
toughbook.benelux@eu.panasonic.com
+32 473 51 15 34

About the Panasonic Group
Founded in 1918 and today a global leader in developing innovative technologies and solutions for diverse applications in the consumer electronics, housing, automotive, industrial, communications and energy sectors worldwide, the Panasonic Group transitioned to an operating system on April 1, 2022 with Panasonic Holdings Corporation as its holding company and eight companies under its umbrella. The Group reported consolidated net sales of 8,378.9 billion yen (about 59.4 billion euros) for the year ended March 31, 2023.

For more information on the Panasonic Group, visit: https://holdings.panasonic/global/

About Panasonic Connect Europe
Panasonic Connect Europe launched October 1, 2021 as a new agile organization with a business-to-business focus.With more than 400 employees, the company is leading the way with its major new B2B solutions initiative called "Gemba Process Innovation," supported by its broad business product range.

Panasonic Connect Europe is headquartered in Wiesbaden and consists of the following business units:

• The Mobile Solutions Division helps mobile workers improve productivity with its range of rugged Toughbook notebooks, business tablets and handhelds.
• The Media Entertainment Business Division with Visual System Solutions offers a range of high-brightness and reliable projectors, as well as high-quality displays; and Broadcast & ProAV offers Smart Live Production solutions from an end-to-end portfolio consisting of PTZ and system cameras, camcorders, the Kairos IT / IP platform, switchers and robotic solutions widely used for capturing live events, sports production, television and xR studios.
• Business and Industry Solutions provides customized technology solutions focused on Retail, Logistics and Manufacturing. Designed to increase operational efficiency and improve customer experience, enabling businesses to perform at their best every day.
• Panasonic Factory Solutions Europe sells a wide range of smart factory solutions, including electronics manufacturing solutions, robotic and welding systems and engineering software solutions.

For more information, visit: https://eu.connect.panasonic.com

Go to Panasonic Connect Europe's LinkedIn page: https://www.linkedin.com/company/panasonic-connect-europe/

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