From 5G to Web 3.0 -The emergence of Edge Computing

  • Listen
  • 28th Oct,2022
  • 4.4K views
  • 3 mins read

You might not have realized it. But Edge computing is gradually storming into your day-t0-day existence. From the PoS device to the smart wearable health monitor that tracks your pulse and analyses sleep patterns, edge applications are growing. And if your consumer appliances like air conditioners, washing machines, microwaves and refrigerators are getting smarter with algorithms like auto-switching off and on, alarms or notifications, its edge processing at the component level. With edge computing, you overcome the latency and bandwidth constraints typically associated with cloud storage. On top of it, Edge platforms or solutions enable you to process and analyze data in real-time at an incredible speed, make swifter decisions, power business efficiency and elevate User Experience (UX).

Edge Computing
Tracing the Roots


The genesis of Edge Computing dates back to the late 1990s. The concept started when US-based Akamai Technologies Inc rolled out its content delivery network. Back then, the idea was to introduce nodes at locations geographically closer to the end user for the delivery of cached content such as images and videos. With the rise of the Akamai edge network, many big tech companies and vendors provided similar content distribution networks to meet the demands of the global internet boom. The edge was primarily used for data management for websites over the next decade, but new technologies would find new uses for it.

Edge Computing
Edge empowers enterprises


Due to the proliferation of IoT devices, there is a huge stream of data emanating from edge locations like branch offices, factory floors, oil rigs, retail outlets etc. This data needs to be unlocked swiftly for actionable insights. That’s where edge computing empowers enterprises by eliminating delays in moving data to the cloud. The proliferation of Industrial IoT or IIoT devices makes the introduction of edge computing functionalities easier to be deployed at end-user locations. Edge computing has become a critical capability for organizations aiming to extract value from vast volumes of data quickly and looking to improve data security. It is setting a new paradigm for Storage as a Service (StaaS). The market forecasts are buoyant too. The market size for Edge Computing is expected to grow from $44.7 billion in 2022 to $101.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 17.8 per cent. 


Catalyzing 5G and Web 3.0


5G and edge computing are complementary, not competing technologies. Blending 5G connectivity with edge computing can enable organizations to achieve real-time parallel processing and data merging. When used on 5G networks, edge computing enables faster and more extensive data processing, resulting in faster reaction times, deeper insights, and improved user experiences. 5G is capable of reaching peak speeds of up to 20 Gbps and supporting up to one million devices per square kilometer.  By amalgamating 5G bandwidth with edge computing, enterprises can get unparalleled computing and data merging in real time. This enables Virtual Reality implementation like video call-based remote maintenance of elevators utilizing edge-based programs. 


Also, edge computing can serve as the foundational technology for Web 3.0. It is capable of supporting data-heavy applications that leverage Artificial Intelligence (AI) and Augmented Reality & Virtual Reality (AR/VR). With edge computing, data can be processed locally before being shifted to a central site for aggregating. Since Web 3.0 is underpinned by decentralization, edge computing is aligned to this latest iteration of the internet. Edge computing is distributed in nature and involves analyzing and processing data on the edge, away from a centralized infrastructure. 


Embrace Edge computing to gain an edge in business 


Data volumes are growing exponentially, Businesses need to reboot infrastructure for handling and successfully navigating the swelling data. Though there are legacy solutions and cloud infrastructure, they are inadequate because of their constraints in bandwidth, latency, security and resources to troubleshoot problems. Enterprises need cutting-edge and innovative edge computing solutions that make the most of data generated at the source. The early adopters among businesses are positioned for success on the data curve. They will steal an edge too.


This blog was originally published in Priyadarshi Nanu Pany's Medium account, also available on his LinkedIn account.
 

Image
AUTHOR:
Priyadarshi Pany

CEO & President

More Blog Posts from Priyadarshi Pany

Emerging Technologies - 4 MINS READ

Catalyzing Indian Deep Tech Start-ups

Emerging Technologies - 4 MINS READ

AR Tech in Mine Sampling- The Disruption You Haven’t Realized

Emerging Technologies - 4 MINS READ

How Tech Companies are Powering the Net-zero Economy

Emerging Technologies - 3 MINS READ

How Low Code-No Code Solutions Can Empower Your Business

Enterprise Resource Planning - 3 MINS READ

Engage Better With Alumni to Combat The Great Resignation

Emerging Technologies - 3 MINS READ

Web 3.0- Reimagining The Internet’s Future with Blockchain

GovTech Solution - 3 MINS READ

How Golden Records Citizen Database Can Empower Governance

Enterprise Resource Planning - 3 MINS READ

Think Green for Jobs; Go Green for a Decarbonized World

GovTech Solution - 3 MINS READ

Why Governments Need a Unified Grievance Management System

Enterprise Resource Planning - 2 MINS READ

Global Tech Hubs Can Heighten India's Raging Talent War

Most Viewed Blog Posts

Mines & Minerals - 3 MINS READ

Digital Logistics for Pivoting To Mining 4.0

Mines & Minerals - 3 MINS READ

Big Data & Analytics For Mining Sector Transformation

Emerging Technologies - 3 MINS READ

Artificial Intelligence: The Future Is Here

Mines & Minerals - 3 MINS READ

Automated Industrial Inspections to Leapfrog Business Reforms

Emerging Technologies - 2 MINS READ

e-Governance: Adopting Agile Methodology

Digital Transformation - 3 MINS READ

How Digitization Reformed the Food Supply Chain in Odisha

Healthcare - 3 MINS READ

CoVaTrack: Tracking The Enigmatic Vaccine

Digital Transformation - 2 MINS READ

How This Budget with a Digital Pulse can Turnaround India

Blockchain - 1 MIN READ

Blockchain : The Trust Protocol for Data Integrity through Distributed Power

Emerging Technologies - 3 MINS READ

How Emerging Tech Can Empower Social Commerce


CSM Technologies

Subscribe to our newsletter


If you choose to provide us with your e-mail address and/or other (indirect) personally identifiable information, we will only use such information to send you our newsletter