MANGALURU: The ‘Edge’ is dominating many conversations across the technology landscape. Edge computing is a distributed computing framework that brings enterprise applications closer to data sources such as IoT devices or local edge servers with faster insights, improved response time and bandwidth availability.
Most of the smart cities in India are expected to gain from Edge said, Lux Rao, Senior Director – Solutions, NTT Ltd. (India). NTT Ltd, a global technology services provider and AlefEdge, a leader in the Edge Internet, announced their collaboration in India to deliver the power of 5G based Edge Internet to application developers, recently.
Edge is the new cloud, said Dr Ganesh Sundaram, CEO and Founder of AlefEdge. Streaming from the edge instead of the cloud will create new opportunities for content owners to deliver high-definition, interactive and immersive content to smartphone users
Meanwhile, according to Worldwide Edge Spending Guide from International Data Corporation (IDC), the worldwide edge computing market will reach $250.6 billion in 2024 with a compound annual growth rate (CAGR) of 12.5% over the 2019–2024 forecast period. The Edge internet economy is poised to be worth $4.1 trillion by 2030 globally.