The Inevitable Rise of Edge Computing – Crunchbase News
Through said Ouissal
In today’s hyper-connected world, businesses need a way to scale and analyze data faster, cheaper, and better. The only way to do this is to get out of the cloud and move to the edge of the network and the Internet, where most of the future data will be generated.
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The inevitable change in the adoption of advanced computing is driven by the mighty force of data severity– a term coined years ago by software engineer Dave McCrory to describe how large datasets attract applications and services, just as gravity attracts planets and stars.
The center of gravity for data has traditionally been in a data center and, more recently, in the cloud. But as we connect billions of devices to the network at the edge to collect real physical world data, the amount of data generated by these devices exceeds anything we’ve seen before.
The latest forecasts estimate that 75 percent of all data will be processed at the edge of the network by 2022, and by 2025 almost a third of all workloads in the world will run at the edge. These are staggering numbers and make advanced computing one of the biggest and fastest changes we’ve ever seen in our industry.
This change has caught the attention of the biggest players in tech. Microsoft‘s Satya nadella explained how he kept Microsoft’s business alive with advanced IT, and Michel Dell planned a $ 700 billion capital investment in edge infrastructure over the next 10 years.
“In this world where you do anything from anywhere,” Dell told an audience of Dell Tech World this summer. “It’s a future that will run to the limit.”
In the short term, spending on advanced computer hardware, software and services will reach $ 250.6 billion by 2024, according to IDC. The wave will be led by manufacturers, energy companies and transport companies, who are already seeing the benefits.
State-of-the-art computing helps wind and solar farms meet their renewable energy goals. Manufacturing plants become real-time and make small changes on the fly to optimize production lines. And Edge is a key player in auto service, both updating software and extracting data from vehicles to determine what needs to be fixed.
Businesses and investors need to watch out for three key factors that will continue to drive the growth of advanced computing. Now that 5G networks are widely deployed, the ability to improve network coverage and performance will facilitate advanced computing everywhere.
Second, edge computing is basically an ecosystem game. Although each deployment is unique and vertical, these ecosystems are starting to come together.
And finally, just like cloud computing, open source will play a big role in edge computing. We will continue to see stronger open source collaboration between different projects and foundations, ultimately creating a better and easier way to build and deploy software at the edge.
Ultimately, edge computing solves bandwidth and latency issues while providing security and privacy. These will be some of the primary concerns for businesses as the center of gravity of data shifts to the edge to support a large and continuous flow of data. It’s a really exciting time for businesses to embark on the mission of creating the last cloud that needs to be built, the one at the edge.
Said Ouissal is the CEO and founder of ZEDEDA, a leader in orchestration for the distributed edge. He has extensive experience in leadership roles in IP networks (routing, switching and security), telecommunications, cloud and mobile broadband. Prior to ZEDEDA, he held senior product management and sales (technical) positions in various infrastructure companies including Ericsson, Juniper networks, Redback Networks and Violin memory.
Drawing: Li-Anne Dias
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