Home Digitaledge In Focus

Navigating the hype and realities of edge computing

Sandeep Bhargava
Sandeep Bhargava 11/23/2021 12:00 PM GMT+08  • 5 min read
Navigating the hype and realities of edge computing
How do you ensure edge computing can help you to achieve business objectives?
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Edge computing powers many of the worlds' latest innovations, such as the Internet of Things (IoT), autonomous vehicles, remote surgeries, and augmented reality (AR). As these technologies require essential capabilities to process and analyse vast quantities of data in real-time to produce actionable insights, edge computing can drive powerful transformations in how businesses utilise data and drive effective processes for decision-making.

With the increasing need for infrastructure to support an expanding connected devices ecosystem, as well as the acceleration of digital transformation initiatives within the Asia Pacific (APAC) region, analysts predict that edge computing in APAC will reach US$5.8 billion by 2024, representing a compound annual growth rate of 21% over five years. By then, APAC will become the second-largest edge computing market after North America.

In Singapore, the government is looking to integrate various automation capabilities across the city-state – including automated vehicles, drones, assistive robots and sensors – as part of its Smart Nation initiative. All these applications require the processing of highly time-sensitive data on the device itself or near the source of data, making edge computing an essential element to ensure the success of Singapore's digitalisation efforts.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now