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The Vision that Carries the Digital Transformation on Its Back—The Promises of 5G for Sustainability and for the Corporate Sector Focusing on the SMEs in Hungary

In: Rethinking Management and Economics in the New 20’s

Author

Listed:
  • Áron Gyimesi

    (Széchenyi István University)

  • Árpád Tóth

    (Széchenyi István University)

  • György Wersényi

    (Széchenyi István University)

Abstract

Digital transformation, including emerging telecommunication technologies, can be a game changer in the case of SMEs. 5G technology paves the way to substitute different expansive communication technologies, becoming the backbone of i4.0 solutions. Although companies declare the importance of digital transformation, 5G is not necessarily part of it. Especially, SMEs are uncertain about 5G. This paper highlights the business model opportunities and benefits of utilizing this disruptive technology. We analyze the 5G awareness of Hungarian SMEs based on a survey targeting their digital transformation. Hungarian SMEs have significant unawareness regarding the technical issues and the business manners as well. Providing information and guidance based on governmental funding is expected and required.

Suggested Citation

  • Áron Gyimesi & Árpád Tóth & György Wersényi, 2023. "The Vision that Carries the Digital Transformation on Its Back—The Promises of 5G for Sustainability and for the Corporate Sector Focusing on the SMEs in Hungary," Springer Proceedings in Business and Economics, in: Eleonora Santos & Neuza Ribeiro & Teresa Eugénio (ed.), Rethinking Management and Economics in the New 20’s, pages 119-144, Springer.
    • Handle: RePEc:spr:prbchp:978-981-19-8485-3_5
    DOI: 10.1007/978-981-19-8485-3_5
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