Edge Computing: Unleashing The Value Chain Proposition
The Edge Computing Market was valued at USD 2281.8 million in 2020, and it is expected to reach a value of USD 10,971.54 million by 2026, registering a CAGR of 29.4% over the forecast period.

Edge Computing: Unleashing The Value Chain Proposition

Edge computing is a distributed computing framework that brings enterprise applications closer to data sources such as IoT devices or local edge servers. This proximity to data at its source can deliver strong business benefits: faster insights, improved response times and better bandwidth availability.

Edge computing was created due to the exponential growth of IoT computers, which link to the internet for either receiving information from the cloud or sending data back to the cloud.

Why should you consider edge computing?

The explosive growth and increasing computing power of IoT devices has resulted in unprecedented volumes of data. And data volumes will continue to grow as 5G networks increase the number of connected mobile devices.

In the past, the promise of Cloud and AI was to automate and speed up innovation by driving actionable insight from data. But the unprecedented scale and complexity of data that’s created by connected devices has outpaced network and infrastructure capabilities.

Sending all that device-generated data to a centralized data center or to the cloud causes bandwidth and latency issues. Edge computing offers a more efficient alternative: data is processed and analyzed closer to the point where it's created. When data does not traverse over a network to a cloud or data center to be processed, latency is significantly reduced. Edge computing — and mobile edge computing on 5G networks — enables faster and more comprehensive data analysis, creating the opportunity for deeper insights, faster response times and improved customer experiences.

Edge computing harnesses growing in-device computing capability to provide deep insights and predictive analysis in near-real time. This increased analytics capability in edge devices can power innovation to improve quality and enhance value.

Edge computing helps you unlock the potential of the vast untapped data that’s created by connected devices. You can uncover new business opportunities, increase operational efficiency and provide faster, more reliable and consistent experiences for your customers. The best edge computing models can help you accelerate performance by analyzing data locally.


At Zoondia, we provide innovative and state-of-the-art solutions for IoT so that your business gets that extra edge over your competitors.


How IoT is Driving the Need for Computing at the Edge

The IoT involves collecting data from various sensors and devices and applying algorithms to the data to glean insights that deliver business benefits. Industries ranging from manufacturing, utility distribution, traffic management to retail, medical and even education are making use of the technology to improve customer satisfaction, reduce costs, improve security and operations, and enrich the end user experience, to name a few benefits.

A retailer, for example, may use data from IoT applications to better serve customers, by anticipating what they may want based on past purchases, offering on-the-spot discounts, and improving their own customer service groups. For industrial environments, IoT applications can be used to support preventive maintenance programs by providing the ability to detect when the performance of a machine varies from an established baseline, indicating it’s in need of maintenance.

The list of potential use cases is virtually endless, but they all have one thing in common: collecting lots of data from many sensors and smart devices and using it to drive business improvements.


Conclusion

Zoondia - Top United Arab Emirates App Development Companies provides you with detailed insights to the assets generated from IoT on a regular basis. Our experts are highly capable of analyzing generated data and creating solutions for all your business challenges. We can also help you build IoT roadmaps as per industry insights and data metrics.

Email me at [email protected] to discuss opportunities in the region.

Visit our website to know more about us: www.zoondia.ae

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