Get an Edge on the Cloud

This column has devoted a lot of ink to fog, edge, and cloud computing. As you will recall, I spent a considerable amount of time last week digging into the basics of fog and edge for those who still needed a better understanding of how these technologies are different.

For this column, we are going in deeper and I will be honing in on the market for fog and edge computing, including industry market opportunities, hurdles, and more. If you have been paying close attention you know by now that the fog or edge computing promises near realtime insights and facilitates localized actions. In some IoT business cases, data can be processed more efficiently at the edge of the network.

The “edge of the network” simply refers to the end point, machine, object, or person that’s generating the data. Pushing resources to the edge is a growing trend in the enterprise world.

Gartner is saying that currently around 10% of enterprise-generated data is created and processed outside of a traditional centralized data center or cloud. By 2022, Gartner predicts this percentage will reach 50%. That’s less than five years away. What does the market for fog computing look like in terms of industries with the most market opportunities?

At the end of last year, an organization called the OpenFog Consortium surveyed its member organizations to piece together a sort of “state of the market” for fog computing. The survey was very telling in some of its results. For instance, 40% of those surveyed say they have a higher budget for fog in 2018 than they have had in the past.

And, for those respondents that pursue research grants, 75% expect an increase in grants for fog-based research. Why are more companies turning to fog?

To read more, visit https://connectedworld.com/turning-to-the-edge-fog-or-cloud/