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Edge computing: Why it matters and how it impacts your business

  • 2 mths ago

Edge computing has taken on immense significance in recent years, with its market size expected to reach 87.3 billion USD by 2026. It’s a staggering figure in isolation, but if you’ve been paying attention to tech developments in the business world, it’s not surprising.

Clearly, the demands associated with the recent pandemic accelerated the growth of Edge computing delivery models – however it would be a mistake to believe this was the only driver.

For example, Edge-adjacent tech like IoT has seen a similar explosion, with more than 10 billion IoT devices currently in use worldwide. These devices generate a tremendous amount of data, and Edge computing is far more effective at sorting through it than more traditional, centralized models.

Rather than risk latency and elevated bandwidth costs by using traditional remote data centers, Edge computing offers a localized storage source.

But how can it best be harnessed for your business? For Gavin Dudley, head of portfolio – Data Centers, at Fujitsu, Edge computing represents significant present and future opportunities. “What is Edge computing?” is no longer the main question, Dudley notes.

“We’ve already seen significant adoption of Edge computing across a huge range of industries,” says Dudley.

“Manufacturing, industrial and agriculture have all been traditional strongholds, but as Edge computing continues to develop, smart businesses are finding new ways to utilize it. For example, Edge computing is increasingly being used for smart retail purposes, in healthcare facilities, smart homes and cities.”

Edge computing: Advantages and disadvantages

Dudley points to several key advantages of adopting computing applications. When implemented effectively, Edge computing can present a considerable advantage for businesses – cutting response times and allowing easy access to software and data for employees all over the world.

Importantly, it also ensures that you can continue delivery even if there’s an outage or other problem while in the field. And, although individual Edge platforms might be less reliable, distributed compute and storage does lessen the likelihood of widespread outages.

Edge computing applications also offer attractive cost savings compared to other options, such as the cloud. Organizations can save money by using nearby data storage rather than centers that are geographically farther away or the cloud, which may have high bandwidth expenses.

Continue reading: https://www.datacenterdynamics.com/en/marketwatch/edge-computing-why-it-matters-and-how-it-impacts-your-business/

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