Monitoring & Control, Data Collection & Analysis - IoT and IIoT 4.0
Digital transformation is a key component of every modern business strategy today, regardless of industry. Digital transformation initiatives enable key capabilities and deliver benefits including business agility, operational efficiency, advanced analytics, and process automation, among others. Several technology trends, driving digital transformation include:
A leading global research firm forecasts that by 2022, approximately 75 percent of all data will need analysis and action at the edge. By 2025, 175 zettabytes (or 175 trillion gigabytes) of data will be generated around the globe and edge devices will create more than 90 zettabytes of that data, according to IDC (Data Age 2025:<br>The Digitization of the World, From Edge to Core).
Solving Challenges with an Edge Computing Platform
An edge computing platform solves the following challenges:
Edge computing is important because it creates new and improved ways for industrial and enterprise-level businesses to maximize operational efficiency, improve performance and safety, automate all core business processes, and ensure always-on availability. It is a leading method to achieve full digital transformation of your business.
Here are a few of the things edge computing can do:
» Enhance solutions by addressing cloud computing issues such as performance, latency, bandwidth, security, and proximity.
» Power the next industrial revolution, transforming manufacturing and services.
» Optimize data capture and analysis at the edge to create actionable business intelligence.
» Create a flexible, scalable, secure, and more automated technology, systems, and core business process environment.
» Promote an agile business ecosystem that is more efficient, performs faster, saves costs, and is easier to manage and maintain.
Ref: Dummies journal book