IoT – one of the outstanding technologies, bringing a lot of value to businesses in all industries in today’s digital age. With a forecast of up to 30 billion IoT devices deployed globally in 2020 according to IHS Markit
Edge Computing is an architecture designed and built to optimize the cloud computing system by allowing data processing and computation at the edge – where it is close to the source of the data. and receive the most processing requests (IoT devices).
Edge computing model is designed and built as shown below:
In there:
In fact, large enterprises have developed in the form of building and deploying branches, production and business facilities in many places, geographically different. Edge computing systems will be designed to easily collect and manage IoT devices in a given area. Thereby, businesses can combine analyzed data volumes in many different geographical locations for further analysis at the Cloud layer to find gaps and optimize methods. production/business over time.
Edge computing allows to clarify the scope and resources at the edge to optimize analysis and processing, reducing operating costs, thereby increasing profit margins. Besides, edge computing helps IoT devices to operate without an internet connection, a cluster at the edge can be considered as a node in the network. Here are 5 key benefits of edge computing:
1.Fast response: Edge computing allows local processors, with the right capabilities (owning their own computing power), to easily handle tasks that require fast and demanding response times must take immediate action after encountering a certain situation.
2.Enables processing of data near the source: before being sent to a centralized cloud, edge computing can process data near the source and only send relevant, relevant data. (However, in this case, there will be a delay in data transmission because analysis must be performed prior to sending the information)
3.Optimizing cost, time and quality: Edge computing application services allow localization of tasks to be processed, continuously harmonizing data through each stage, significantly reducing the amount of data. data needs to be stored and processed, saving bandwidth, reducing latency, and improving quality of service.
4.Minimizing the phenomenon of “bottlenecks”: Edge computing reduces the mutual influence in the entire system, by assigning loads and zoning accordingly, making it easier for the system to cope with errors that occur. occurs when processing data, or unexpected problems about viruses, information security holes and network security.
5.Unlimited Scalability and Security: Edge computing allows enterprises to easily add network nodes/edge devices to expand the scale and capacity of the IoT network without affecting the entire network. rest set.
According to forecasts by marketsandmarkets, the global edge computing market will reach a value of $3.6 billion by 2020 and will continue to grow to $15.7 billion by 2025 at a compound annual growth rate (CAGR) ) is 34.1% over the forecast period. In particular, from 2018 to 2025, the edge computing market (calculated by the amount of investment) will grow the most in North America, followed by Europe and the APAC market in third place.
In another report by grandviewresearch on the market share of industries in edge computing implementations and applications in 2019, the energy & utilities sector ranks first, the industry ranks second, followed by other industries. transportation & logistics industry, smart city sector, and healthcare industry
The amount of data generated every second is increasing day by day and the need to access resources and computer applications anytime, anywhere while ensuring data storage and security requirements are increasing day by day. In addition, the increasing demand for automated real-time decision support solutions and handling latency, coupled with the increasing demand for big data computing and network traffic, has driven drive demand for edge computing.
Along with the development of IoT technology, edge computing tends to grow larger. They have been and are being applied, as well as the investment is increasing and the scope is also constantly expanding.
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