The Future of Edge Computing
Steve Miller-Jones sets expectations for the edge computing market for 2021 and beyond by discussing how new services and applications will drive market growth.
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The edge computing market is seeing exponential growth. In fact, IDC anticipates that spending on edge computing will reach $250 billion in 2024. So, what are the driving forces behind this growth?
There are many contributing factors. First, the options of where to deploy edge services are expanding from data center and central cloud to network edge, telco edge and device edge. In addition, the use cases for these new services are growing at a rapid pace, particularly since COVID-19 has decentralized the world. Looking into 2021 and beyond, here is what we can expect from the edge computing market:
The Network Edge Will Expand and Become More Prevalent
In the last year, we’ve seen advances in both the range of edge services and its adoption. This year both will accelerate. Edge compute resources enable IT professionals to gain performance and cost benefits for their applications and allows for resource allocation to be performed on-demand and at scale. The network edge is distributed through multiple connected locations and is typically located alongside complimentary services such as a content delivery network.
Why will enterprises begin to integrate the network edge? To bring data processing near their end-users and develop additional use cases. The network edge offers access to multiple compute locations close to users without increasing the operational overhead of managing more locations. This helps to improve application performance and increase development agility. When it comes to tech infrastructure, enterprises need a solution that is versatile and scalable to support their innovations. The network edge is sparking innovation by putting enterprises in control of how they utilize orchestrated resources in distributed locations to enable various advancements like workflow customization and localization.
Serverless Computing Will Spark an Influx of Edge Native Applications
Serverless computing offers new flexibility for developers as they design and deploy applications and services. The automated deployment to many locations removes operational challenges and enables use cases that require higher performance and more localized data, in order to improve user experience.
For developers, the scalable approach to infrastructure that serverless computing offers allows for the deployment of complex logic for any application or service without added operational overhead, and this year we have seen more companies taking advantage of those capabilities. For example, there is a real desire to incorporate more personalized data and interaction into live streaming services and OTT media content, while keeping the content secure and access to it controlled. In the future, we will see further uptake of serverless compute offerings to help keep content and user data secure, while more personalization and interaction features are created, helping content owners and distributors create and secure new revenue streams.
Beyond media and broadcasting, we expect to see the network edge and serverless computing playing a larger part in large scale applications such as supporting cities with smart services and the data requirements of industrial edge and IoT services. Moving forward, we’ll see the technological foundation for new edge native applications, especially as we integrate the power of 5G.
The Edge Will Emerge as the Problem Solver of Tomorrow
We can’t quite predict the edge applications of tomorrow, but it’s fair to assume that just about every industry has room for improving performance through the use of the network edge and serverless compute services. The capabilities of the edge prepare us to solve the issues of tomorrow by driving faster, smarter decision-making when time is of the essence. Today, edge computing is enabling enterprises to leverage environments where they can easily deploy software, providing access and scale for their applications. Moving forward, business needs and priorities will continue evolving; the network edge will remain as the supporting force behind growing tech needs and new initiatives.
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