Exploring Edge Computing: Market Trends & Use Cases

Exploring Edge Computing: Market Trends & Use Cases

Exploring Edge Computing

Edge Computing is one of the most talked-about technologies today. It is an exciting development in the field of network infrastructure which is beginning to realize its potential. In our previous blog post, we have talked about how edge computing works and how it will change things around us. Today, we want to discuss edge computing various use cases that we are starting to see around the world and the amazing results we can expect to become a common occurrence, as the edge blankets over the interactions between people, businesses, and devices with each other.

According to a Gartner report, ”By 2022, more than half of the enterprise data will be produced and processed outside traditional data centers and clouds – up from about 10 percent currently.” As the market is being overwhelmed by the number of IoT devices available and we are bracing ourselves for mainstreaming of various technologies like 5G, AR, VR, AI, etc, businesses are getting ready to turn that into their advantage. All industry verticals stand to benefit from the potential use cases of edge computing.

The use cases of edge computing can be listed under the following four major digital transformations, which are already taking shape.

1. Automating Businesses – Edge Computing will make businesses more tech-savvy by enabling the devices to function better and aid businesses. It is helping control and maintain the devices, report events and relevant data, and automating multiple actions in businesses. Some use cases are –

Device Control and maintenance

  • Managing controls remotely
  • Patching software and provisioning for them
  • Managing data downloads (like updating store shelf prices)

Data/Event Reporting

  • Asset tracking and status
  • Processing signals
  • Environmental and traffic monitoring
  • Analyzing and streaming surveillance video
  • Predictive and prescriptive maintenance information

Business Automation

  • Business control loops
  • Automated user journey
  • Machine learning
  • Triggered actions and alerts

2. Bringing technology to life – Edge computing will change how technology and devices interact with people, which will not just considerably enhance the user experience but also revolutionize many industry verticals like healthcare, manufacturing, education, banking, etc. Edge Computing will help increase our interaction with devices in multiple ways. A few examples include –

Immersive Interactions

  • Tactile Internet (low latency and high availability, reliability, and security).
  • Mixed reality for control and training purposes
  • Intelligent assistants

Immersive Reporting

  • AR device status and maintenance
  • AR for in-store shopping
  • Heads up displays in cars

Edge 1

Immersive Controls

  • Hands-free/remote robotic surgery
  • Voice commands and conversational interface

Edge 2

3. Enhancing user experiences – Edge Computing has also started greatly altering the way people interact with businesses. A significant increase in the number of devices has resulted in an increase in our interactions with these devices. This has given way for various new use cases, which are being enabled by edge computing.

Personal and Health Monitors

  • Ankle monitors
  • Wearables like health monitors, pulse trackers, and smartwatches

Edge 3

Immersive Experiences

  • Interactive VR enabled entertainment
  • Workplace enabled with AR/VR/MR
  • Immersive e-commerce experience

Edge 4

Delivering Content to Customer

  • Delivering high-quality videos
  • Storage getaway/cache

4. Creating a Digital World – The widespread adoption of IoT and edge computing has created a world with various digital possibilities taking shape, like smart homes and industries 4.0. It is knitting a smarter and a more responsive world around us, by merging digital and physical realms. A peek into these digitized collaborations include –

Distributed Business Processing

  • Moving the business practices closer to transactions (e.g., ATMs)
  • Trading at high speeds
  • Move network functions to make them more effective and efficient.

System Automation

  • Industry 4.0 – Industrial automation (including safety considerations)
  • Smart agriculture (sensors and irrigation optimization)
  • Autonomous vehicles
  • Smart homes

Edge 5

Immersive Collaboration

  • VR and MR in conference rooms, classrooms, study halls, etc
  • Multiplayer gaming
  • AR to signal social interests in a crowd

References

Exploring the Edge: Twelve Frontiers of Edge Computing (Thomas Bittman) – By Gartner

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