In a report titled "The 5G Business Potential," networking and Telecommunications Company Ericsson has found wearable devices and artificial intelligence will improve resource efficiency and meet consumer demands for greater convenience and freedom of choice in the healthcare sector. The report analyzed the 5G business opportunity that comes from industrial digitalization in eight key global industries. Telecomm operators will have several areas to work on, such as hospital applications – virtual reality used in medical training, telemetry and online booking systems – and real-time medical data management. The area that has the most potential for operators addressing this industry with 5G, according to the report, is patient applications used outside of traditional hospital environments, such as precision medicine, online consultations and applications to monitor health and administer medication remotely to better manage chronic ailments. Forty-two percent of decision makers in the industry prefer 5G-enabled devices because they consume less power, according to the report.