Condusiv Technologies Reports: Need for Speed Drives Edge Computing Growth

Edge computing is projected to grow at a cumulative annual growth rate of 46% over the next four years to over $6 billion by 2022.1 With this growth has come a readjustment in planning strategy on the part of CIOs and other IT managers. “For nearly a decade now, large, computer-intensive enterprises have been looking at IT investment in terms of moving virtually all applications to the cloud, with a concomitant reduction of operating expenses in local computing and the possibility of lower—or at least reasonably stable—overall cost. Unfortunately, it’s going to be more complicated than that,” said James D’Arezzo, CEO of Condusiv Technologies, a world leader in I/O reduction and SQL database performance. The actual “edge” in edge computing depends on the application. In telecommunications, it could be a cell phone, or perhaps a cell tower. In manufacturing, it could be a machine on a shop floor; in enterprise IT, the edge could be a laptop. The important thing about edge computing is that it enables data produced by Internet of Things devices to be processed close to where it’s created, rather than sending it to centralized, cloud-based data centers.