According to Gartner, 90% of enterprise data in 2018 came from either cloud or a centralized data center. However, by 2022, this figure is expected to take a nosedive where 75% of the market will be captured by the network edge.
After the cloud became mainstream, it modernized enterprise IT. However, this decentralization widened distances between the end-users and data centers, causing latency issues. Such processing limitations restrict the viability of a lot of applications. With IoT thrown into the mix, cloud alone cannot keep up, and enterprises will have to shift a considerable chunk of their processing to the edge.
Offers Seamless in-Store User Experience
Industries like manufacturing and retail face a lot of roadblocks that can be resolved via the addition of the edge. Although online shopping has become popular, physical spaces are not going anywhere. The customization and interactivity in the online domain have spoiled consumers who now want a better physical retail experience.
The latest technologies like AR/VR are promising on the surface, but they have extensive requirements in terms of processing and bandwidth. Meanwhile, with edge computing, you can deal better with bandwidth and latency issues as computing is moved to the local input devices. The end result is the formation of a seamless in-store user experience.
Combines Virtualization
Edge computing is improving enterprise efficiency as it accelerates an in-demand networking trend – the migration to virtualized software solutions. When virtualization solutions are integrated with centralized edge resources, they can run smoothly atop many devices where they can streamline and simplify software. In this way, they reduce the resources spent on storage, infrastructure, and hardware.
Leverage Context-Driven Analytics
Edge computing introduces applications like real-time analytics, where contextual BI allows using proactive and agile techniques for business operations. The world is gradually moving towards a hyper-connected edge economy where immediate control to the right metrics can create numerous opportunities, aiding with value creation and capture. For instance, the advent of dynamic digital advertising can optimize ads by evaluating events, traffic, and past performance. Users who belong to this network can leverage ad revenues and even have their barely unused displace space up for sale.
Creates Revenue Streams
Edge can help enterprises to chase alternative lines of commercial operations. When latency is reduced to a significant extent, it can facilitate companies to get that extra speed of “milliseconds” that can prove pivotal in applications like robotic surgery and autonomous vehicles. Hence, the instant connectivity and reliability from the edge can empower you to proceed with experimental innovations that are realistic and viable.
Final Thoughts
The rise of IoT has allowed organizations to become familiar with edge computing, allowing them to optimize their international operations and capitalize on their hardware better than before. If you belong to the management think-tank of an enterprise, send us a message so we can help your enterprise utilize the best of the edge.