Edge computing is typically identified as the strategic allocation of data-handling tasks or various network functions. These operations often diverge from centralized, continuously connected network sections such as Dropbox and Gmail to move towards individual data sources like laptops and tablets. Essentially, it is a progressive form of cloud computing that varies mainly in the time taken to process data.
Unlike traditional methods, edge computing analyses data locally, where it is stored, allowing real-time processing without any latency. As a result of its numerous benefits and increasing prevalence, analysts predict that edge computing will be the next significant trend following cloud computing.
Market Projections for Edge Computing
Surveys suggest an optimistic forecast for the global edge computing market, with an expectation to exceed $8 Billion by 2025. This growth indicates a substantial compound annual value growth at over 32% from 2019 to 2025.
Benefits of Embracing Edge Computing
Several distinct advantages define the growing popularity of edge computing across various sectors. These include:
Speed and Efficiency
Edge computing enables quicker data processing and content delivery. Users enjoy this benefit when streaming videos on platforms like Netflix or accessing a comprehensive library of video games in the cloud.
Future Technology Integration
Incorporated with technologies like 5G wireless technology and artificial intelligence, edge computing ensures faster response times, reduced latency, and simpler maintenance processes.
Localized Solutions
Edge computing beats cloud computing when it comes to remote locations with limited or no connectivity options. In these scenarios, local storage resembling a mini data centre is required, and edge computing offers an ideal solution.
Data-Efficiency
With edge computing, data does not need to be transferred over a network immediately after processing. Only essential data is communicated, reducing the amount of data that traverses the network.
Edge Computing vs. Cloud Computing: A Comparison
| Key Factors | Edge Computing | Cloud Computing |
|---|---|---|
| Data Processing Time | Real-time | Depends on Network Speed |
| Location | At Data Source | Remote Database |
| Connectivity Requirement | Not Necessary | Required |
| Efficiency in Remote Locations | High | Low |
Description of Cloud Computing
Cloud computing is essentially the provision of diverse services through the internet. Many resources fall under this category, including tools and applications such as data storage, servers, databases, networking, and software. Unlike conventional storage methods, cloud-based storage places files onto a remote database that can be accessed from any electronic device with internet access.
Cloud computing has emerged as a popular choice for individual users and businesses due to many reasons. These include cost-effectiveness, enhanced productivity, speed and efficiency, high performance, and robust security.
