The global edge computing market size is projected to reach $3.24 billion US by 2025 (according to a study conducted by Grand View Research, Inc.). While this research underscores the speed and volume at which edge computing installations are growing, it masks the idea that many organizations still consider themselves in the early adoption phases of this technology. Before companies plan the move to widespread rollouts, they are seeking answers to significant deployment questions.
Gartner defines edge computing as “solutions that facilitate data processing at or near the source of data generation,” a nice, succinct explanation of this booming technology. If you don’t need it already, you most likely will soon as it’s a key enabler of cloud-based applications, including Internet of Things (IoT) applications and others supporting the digital transformation of business.
“Organizations that have embarked on a digital business journey have realized that a more decentralized approach is required to address digital business infrastructure requirements,” says Santhosh Rao, principal research analyst at Gartner. “As the volume and velocity of data increases, so too does the inefficiency of streaming all this information to a cloud or data center for processing.”