Head of Emerging Technology - 18 February 2021 -
Head of Emerging Technology - 18 February 2021 -
The past decade has seen a substantial percolation of cloud-native offerings across industries. Technologies like containerization, cloud-native architecture helped these applications to scale. In fact, the predicted valuation of $308.5bn for the public cloud service revenue in 2021 is a good indicator of this evolving market scenario.
In sync with it rose the adoption rate of sensor tech and mobiles, which spurred tremendous growth in data generation.
However, network bandwidth didn’t scale at that pace, which is why cloud-native processing is facing challenges. And cloud latency is not helping this progress either.
That is why industries are experiencing a paradigmatic shift from cloud-native to edge computing. In fact, Gartner’s review of the edge computing market substantiates this argument. The company has revealed that edge computing is going to enter the mainstream in 2021.
IBM’s report reveals a possibility of the edge computing market growing from $3.5bn in 2019 to $43.4bn in 2027. The leap will be a gigantic one. As its appendage, the edge-native apps industry will also witness a substantial rise.
Engineers design edge-native applications with the edge’s features in mind, so we can expect this growth to be smooth in the coming years. It will surely benefit from the factors that are boosting the edge computing market at present. These factors are-
Edge computing has the ability to process data near to the source and prioritize traffic. This helps reduce data flow amount to and fro from the primary network and increase processing speed. It makes data more relevant.
In a cloud-native setup, data goes to the cloud analyzer through a single pipe. If it is compromised, then the entire work of an organization can come to a standstill. With edge computing, such chances are less as hackers can access only a limited amount of data.
When there is a connectivity issue, storing data locally and ensuring its processing is a more viable option than the traditional modes.
Better segregation of data leads to better data management and reduces cost. Edge computing makes it easier. It optimizes the use of the cloud and available bandwidth.
Scaling between Edge and Cloud is an ability that helps edge computing manage data volume. The system is designed to ensure a balance and maximize output.
But what are the fields that stand to benefit from networks moving nearer to the edge?
While assessing various aspects, I realized that the changing dynamics of IoT and 5G technologies have the potential to impact more. However, with companies like Vodafone, Ericsson, and Huawei fast-tracking their architectural changes to accommodate 5G advancements, the chances of edge computing percolating industries are growing bigger.
Based on the above factors, we have identified a few use cases that are most suitable for edge computing applications.
Cisco’s Global Cloud Index reveals some interesting aspects that shed light on why edge computing will gain ground in the coming years. According to the index, people, machines, and IoT will generate around 850 Zettabytes (ZB) by 2021.
Only 10% of it will be useful and it will 10X greater than the stored or used data (7.2 ZB) in 2021. The report also reveals that the useful data may exceed “data center traffic (21 ZB per year) by a factor of four”.
Among the data generated, a huge part is getting churned from video streaming. In fact, the streaming industry has seen a substantial hike in revenues during the COVID-19 pandemic.
In the US, the rise in people using a streaming site has grown 21% since 2018. Streaming platforms are now at loggerhead to improve user experience and for that, they are moving to better image quality. This will trigger a massive change in edge computing engagement.
But streaming is not the only point of concern. Interactive video experiences may also find edge computing’s use quite alluring. Interactive videos thrive by providing immediate results and that will open up spaces for edge computing.
The other area that might benefit from edge computing is content suggestions. Predictive analysis is gaining momentum to generate content for the targeted audience. With the help of edge computing, companies can do it locally and increase the speed of suggestions to ensure better engagement.
The segment will benefit more from a teaming up of technologies like edge computing, AI, and machine learning. Real-time personalization of data, customer data review, and behavior analytics to deliver actionable insights will become easier.
AR/ VR is an innovation that is set to transform how we consume content. Its ability to provide immersive experiences is expected to engage more customers than ever.
However, the process is not simple. It requires proper stitching of real-world and user’s motion in a digital world to ensure adequate synchronization. But this will trigger a need for a huge volume of the graphical rendering process.
To ensure seamless functioning, splitting the workload between AR/ VR and the edge is necessary. The process has latency-sensitive moves, which can be controlled if the edge takes over and handles the bandwidth issues by introducing a semblance in its use.
The use of AR/ VR in the retail space would be significant as it can transform the traditional brick-and-mortar experience. People can now enter a mall and get a customized route plan or buying chart in a grocery store based on their previous buying experience there. In addition, generating online content will become easier with edge computing services.
The burgeoning gaming sector will also benefit from edge computing as it can reduce the price of AR/ VR gears by taking over the image rendering capabilities. Advanced compute capabilities will take a backseat with the edge taking over the data rendering process. It will also increase the rendering opportunities.
Edge computing will allow end users to play a game using either a normal and heavier headset or a lighter device. By providing gamers with such options, it can boost the adoption rate of the AR/ VR gaming industry.
In fact, the impact of the combined force of AR/ VR and edge computing is going to be much wider including “serious gaming” use cases. Doctors with AR glasses can perform critical surgeries with overlaid X-ray reports or other physiological maps and it will be a huge boost for the healthcare sector.
For firefighters and soldiers, situational awareness is of utmost importance to chalk out their moves, including seeking guidance from their handlers. Advanced AR/ VR designs with edge computing can strengthen their steps by providing vision with extrasensory capabilities, better situational awareness, improved risk calculation, temperature reading, and improving decision-making.
Emergency services in the healthcare sector are going local to reach out more to people in distress. It is not always possible for patients in emergencies to visit a multispecialty hospital at a distance. To counter this, equipping the ambulance with adequate measures is a far better idea.
Edge computing and 5G technologies are a perfect combination for such scenarios. A blend of technological and computational resources will accelerate diagnosis and analytics and help the medical team work efficiently within the golden hour.
The medical wearable segment is witnessing investments pouring in from several sectors, which means an increased scope for research and adoption of new technologies. The connected medical devices segment that helps diagnose, monitor, and treat patients has the potentials to scale up to $52.2bn by 2022.
Such devices generate a massive amount of data and a huge portion of it requires real-time processing to ensure faster treatment. For instance, healthcare IT architectures can benefit by gathering health-related data. Simultaneously, it can develop rapidly, real-time analytics using edge computing to predict health emergencies and take actions accordingly.
IoT medical devices can detect anomalies, notify concerned authorities, and save time to allow doctors extra time to save a person’s life.
IoT and edge computing technologies can provide extra security in smart homes and cities in terms of emergency services. A smart tool like a security camera can process images and recognize voice to understand unwanted activities at the edge. It will help prevent leakage of private and sensitive data from audio and video devices.
Edge computing has a massive role to play in preventing acts of terrorism. Security footages from various points are continuously uploading images to the cloud or a server for a better analysis. And the bulk is getting bigger with each passing day.
But if those can be analyzed at the edge using Deep Learning models, then officials can take action much faster and stop major crimes from happening.
In fact, the outbreak of the COVID-19 is an eye-opener in many ways. Scanning people and products, then uploading details and wait for the results to come to consume a lot of time. Such delays in a pandemic situation are unacceptable.
However, edge computing and the 5G network can change the scenario by increasing the assessment speed and reducing the waiting period.
The industrial revolution has entered the 4.0 phase and its focus is on improving productivity by transforming the workforce and bolstering industrial growth by making economics more impacting. Such an overhaul is depending a lot on IoT adoption. Just in the manufacturing sector, the IIoT market spending is predicted to grow from $1.67bn in 2018 to $12.44bn in 2024.
The demand for better security and seamless operation will go up in sync with the expanding market.
As an integral part of IIoT, automation will gain big from a paradigmatic shift in procedures that edge computing promises.
Automation generates a massive amount of data, which can be used for AI-based analytics like predictive maintenance or reducing downtime etc. IIoT generated data is sensitive and industries might become reluctant to send and store data remotely over the cloud.
But with edge computing, data persistence and analytics can be done closer to data source ensuring data privacy and security.
Simultaneously, the storing of data on a local scale will help companies more in adhering to policies like GDPR. By enabling decentralization of specific processes and ensuring optimal physical location, edge computing will create IoT deployments that are more secure, reliable, and scalable.
Interestingly, this move will not be a restrictive one; rather, it will open up avenues for IoT applications. Industries like smart homes and healthcare will benefit from it.
The rising influx of rich data in these five areas is inspiring moves that focus more on actionable insights and process optimization. In sync, there is a hike in demand for safety and security.
These strategic mechanisms are getting substantial attention from governments and private investors, and it is a boon for edge computing. The coming years will witness more of this interplay between edge-native applications and these five aspects.