Man standing next to 5G sign at Tencent Global Digital Ecosystem Summit in Kunming, China, May 23, 2019.
Stringer | Reuters
The emergence of a super-fast 5G mobile network has been dominated by heated debates over national security concerns and fears that major players in the 5G industry, such as technology giant Huawei, could be used by China to spy on other countries.
But Guy Didrich, Vice President and Global Innovation Officer at Cisco, insisted to CNBC that no state or company has a monopoly on the next generation of mobile internet.
"There is no country, one company or one continent that will own 5G," he said, speaking at a CNBC East Tech West conference in Nansha, Guangzhou, China on Monday.
5G is the name of the next generation. mobile networks that are designed to offer super-fast data rates, even though much of the world is still working on the 4G network. The debate over 5G, or more specifically, the debate over 5G technology providers, is politicized by employees in The US and UK, among other countries, have expressed concern that companies such as Huaw ei may be a security threat.
On the other hand, Huawei strongly denied that its technology could ever be used to conduct any surveillance (or sabotage) on China, but some experts remain convinced. the decision to allow the tech giant to play a role in its 5G infrastructure until after the December 1
Didrich, who runs a Cisco program called "State Digital Acceleration," which 31 countries currently work for, to help them "Digitized faster," they said, only a few were starting to think about 5G.
"We are just starting to see them interested and investing in 5G. The important thing here is that it really is a race, I don't want to think of it as a sprint. It is more of a marathon and we are in the first few steps of this marathon, "he said.
" I am dealing with those 31 countries in the world and these leaders. We have Nokia, we have Ericsson, we have 60,000 partners worldwide working with Cisco and it will take a large number of those partners to see 5G fulfilled, "he said.
There are a number of other innovations in the technology space, Didrich said, as an internet of things (a system of interconnected devices) and the next generation of Wi-Fi known as Wi-Fi 6.
"And it's not just about 5G. 5G is part of it (but) it's also for wifi 6, for jot (internet of things), for AI (artificial intelligence), for all the different technologies that will be built on it, so again just is I don't want the focus to be around 5G and whoever gets to the finish, first the sprint, because then there's a much longer race, "he said.
Cisco was named the largest cybersecurity provider in the world by revenue earlier this year in the rankings of cybersecurity providers by analytics firm Canalys. It stops 20 billion cyberattacks a day, according to Diedrich.
"Security concerns are between companies and governments," he said, noting that the primary concern about security is the number of security providers that each country protects.
"When you have 30 to 50, as many as 70 security providers, which have many separate companies and countries, they do not talk to each other, they do not integrate well. So, all the bad guys are to look for this weak link in the security chain, use it and work with it. So (the solution is) more about devising a comprehensive security strategy and ensuring that security is embedded in the network, which I think is important. "
Didrich said that the unresolved trade war between the US and China was holding back investment in 5G." Trade wars are of no use to anyone and this unnecessarily limits the ability of countries and companies to spend on digitalization. "