The Future of IoT and Edge Computing: Sooner Than You Think Tuesday, August 16, 2022

The Buzz 1: Dozens of pop, rock, R&B, hip-hop, country, jazz, and disco songs have been written with the word “edge”, with different interpretations, most famously Darkness on the Edge of Town by Bruce Springsteen, Edge of Seventeen by Stevie Nicks, and Living on the Edge by Aerosmith. But in our tech-driven world, what does it mean? The Buzz 2: Edge computing reduces the volumes of data that need to be moved and the distance that data needs to travel…less traffic…quicker movement of data…reduction in transmission costs. [theceomagazine.com] Now imagine a wonderous world where your connected home, car, and energy provider can all work together to run more efficiently, lower your energy bill, and help reduce the impact on climate change. That day is coming faster than you think. Digital transformation is factoring into strategic planning as more business leaders examine their goals and how technology can help them improve existing products and services, and expand into new areas. As part of that digital-first evolution, edge computing and Internet of Things (IoT) are experiencing increased adoption by enterprises and consumers alike, from doorbell cameras and smartwatches to sensors on windmills and in fleets of cars. Organizations across every industry are beginning to seize on the opportunities edge computing and IoT present. A January 2022 IDC report predicted worldwide edge spending to hit $176Bn—up 14.8 percent over 2021—and to reach nearly $274Bn by 2025. Soon, edge and IoT infrastructure, pervasive connectivity, and lower technology costs will ensure that people, devices, and data can communicate, collaborate, and innovate efficiently and affordably. We’ll ask Sam Lakkundi, Tom Soderstrom, Angela Nicoara and Aditya Varma for their insights on The Future of IoT and Edge Computing: Sooner Than You Think.