4 Tech Industry Predictions for the Edge Computing Focused New Year
With 2020 comes the continued rise of Edge Computing. In fact, according to a Forrester Analytics Global Business Technographics® Mobility Survey, “Fifty-seven percent of mobility decision-makers said they have Edge Computing on their roadmap for the next 12 months.”
This year, businesses should be prepared with the best technology that aligns with their needs, one major one being the ability to handle developments in technology, including Edge Computing. Advancements in technologies such as IoT, AI, and the growing threat of ransomware will change the way Edge Computing evolves in the coming years too. Below are key predictions on how the hottest tech trends will impact and be impacted by Edge Computing in 2020.
A Simplified Approach to Edge Computing
For a long time, the conversation around edge computing has been focused on hitting the right buzz words without actually addressing the customer’s needs. Everyone has forgotten that the customer’s objectives don’t revolve around the latest technology; what they care about is that their applications are online and working correctly. When catering to these businesses in 2020, technology partners have to remember to think about their needs and wants versus what’s currently trending among IT professionals.
Edge Computing is about running mission-critical applications outside the data center. Full stop. There are varying use cases, workloads, and needs within that envelope, but at the root of the issue is the need to run applications somewhere other than the Cloud or datacenter. Customers want a simple solution equipped with the right technology to manage their IT and decrease the two biggest costs affecting IT departments: downtime and people.
While IT professionals are concerned with the conveniences of data centers, customers care more about how physical size, noise and power consumption will affect the quality of their business and productivity. In 2020, businesses offering edge solutions should worry less about marketing and focus on what edge computing actually is – delivering the solutions your customers actually want.
IoT and Edge Computing Will Jointly Evolve
According to Statista, the global IoT market will explode from $2.9 trillion in 2014 to $8.9 trillion in 2020. That means companies will be collecting data and insights from nearly everything we touch from the moment we wake up and likely even while we sleep. As evidence of this, technologists have seen that the rise of edge computing and IoT was accelerated by the birth of the iPhone.
Seeing what Apple has achieved, we are going to see a much broader perspective on this ability to put reasonable amounts of computing into a tiny form factor and move that into dedicated functions. In 2020, as a result, we can expect to see evolutionary expansion in the IoT space, not revolutionary. It will continue to evolve, driven by a need for more efficient, more compelling, cost-effective solutions, with edge computing at the forefront.
Turning to Hybrid Cloud and Edge Strategies
We are living in a world that is increasingly data-driven, and that data is being generated outside of the four walls of the traditional data center. This year, organizations are taking a much deeper look at their organization’s cloud usage. Cloud was originally positioned as the answer to all problems, but now the question is at what cost?
More organizations are turning to Hybrid Cloud and Edge Computing strategies, turning to solutions that process data at the source of its creation. In 2020, organizations will rely on hybrid environments, with edge computing collecting, processing and reducing vast quantities of data, which is then later uploaded to a centralized data center or the Cloud.
A Greater Need for Data Protection at the Edge
The recent news cycle has been flooded with organizations from airlines to banks and hospitals, even entire local governments, falling victim to ransomware attacks. Threats such as these are evolving at a horrific pace, and they will continue to become smarter, more lucrative and increasingly devious in 2020. So, to the organizations that think they can’t afford to modernize their infrastructure defenses, well, the truth is that they can’t afford to not do so.
As this malicious momentum snowballs into this year further, businesses must realize that traditional legacy tools are not only slowing their digital journey down but leaving them vulnerable to tactical and well-organized criminals. We will see organizations taking advantage of highly-available solutions, such as hyper-convergence and edge computing, that allow them to not only keep up with changing consumer demands, but deploy the most effective cyber defenses, disaster recovery, and backup.
The way organizations approach the aftermath of data being corrupted will likely change too, as insurance companies will begin to take an active role, not just in the recovery of data, but in the decision making when it comes to whether or not to pay the ransom demand. The overall cost of doing business will rise in conjunction with the growing threat of cyberattacks, and every business should be bracing themselves for the impact.
It appears that 2020 is the year for the edge computing takeover! Edge computing provides a simple solution consisting of incredible technology that allows for decreases in downtime and people. With the incredible benefits edge computing provides, it is safe to say 2020 will be smooth sailing for all those turning to the edge.