With the continuous generation of new data every day, we are starting to reach the maximum capacity of computing and cloud data centers. Edge computing offers an important solution and insight into the future of computing as we know it. Here are 3 ways how edge computing could impact APAC businesses.
In the Asia-Pacific region, innovation is abundant, with powerful countries like China and Japan leading the charge in technology. However, with new technology comes a vast amount of data- so much so that current computing and cloud systems can’t always handle it all. For a better dynamic, APAC businesses will need to turn to edge computing.
Edge computing is one of the latest innovations in technology which works towards minimising data traffic between users and servers and is fundamental in resolving impending data overflows. Through computing close to the source of data, edge computing offers endless benefits and reinvents the way we process data everyday.
For progressive innovation, expansive services and cost-saving, Asia-Pacific’s new trajectory will doubtlessly involve edge computing. This integration’s speed will ultimately be the deciding factor in how effective APAC businesses’ services can be. With the help of 5G, the Internet of Things, and the pandemic forcing in new tech, the possibilities are endless.
1. More Reliability
One of the current issues facing APAC businesses is an overwhelming amount of data. This data comes from smartphone users, smart city technology, networks, systems, and sensors. Latency is increasingly becoming an issue with transfer and storage needs in data centers (typically the cloud). These kinds of delays will slow down businesses and customer service experiences.
With edge computing, latency decreases. The networks businesses operate on will operate faster, since edge computing doesn’t need to transfer as much data back and forth as older systems would. That makes data processing much quicker.
For instance, Taoyuan City in Taiwan integrated edge technology for its streetlights. This collaboration between IoT tech and edge computing allows an immediate response time, benefitting residents with smoother city operations.
Now that 5G is getting a more universal rollout, with more people able to use it each day, edge computing can become even more reliable. This combination will facilitate less latency and better data transfers for businesses.
2. Lower Costs
One of new technology’s most attractive qualities for businesses is the promise of more efficiency, which will simultaneously save money. Data costs can add up quickly- data requires storage, whether it’s in the cloud or in a data center. With scalability on demand, businesses have better control over how they send information and how much they pay for it.
One of the reasons edge computing is so revolutionary is that it brings users closer to their data. Transferring becomes faster and less expensive. Data compression enables smaller file sizes, thus lowering costs for businesses.
GlobalData research predicts the Asia-Pacific region will see $5.8 billion in growth by the end of 2024. With such a high forecasted profit rate, investing now will benefit APAC business immediately and in the long run.
Apart from the APAC region, the United States is the other major pillar in the tech world. As APAC businesses adapt to edge computing and enjoy resulting growth, it will put them in better competition with U.S. counterparts.
3. Better Innovation
With billions of people living in the Asia-Pacific region, businesses are innumerable. Their needs will be vast and fluctuate based on their industry. However, an underlying theme is that new tech can help other innovations. Edge computing is well-positioned to integrate well with current and future developments.
Notably, as 5G reaches more corners of the world, it provides a faster network for new technology like edge computing to operate on. Edge infrastructure from Telco will be aiding the rollout of 5G across APAC businesses.
Overall, this combination will help businesses specialising in real-time analytics, biometrics, artificial intelligence, and security. Smart city innovations can progress at warp speed, like Taiwan’s integration of smart lighting. Customers will see direct benefits, too. For instance, in an industry like gaming, augmented reality and virtual reality devices will have better processing speeds and less latency.
Because all these innovations work in concert, APAC businesses will get ahead in their respective industries. Regardless of whether it’s gaming or finance, edge computing offers rapid solutions and robust networks for all fields.
A Data-Driven Future
Of course, with these benefits, businesses will need to ensure edge computing systems and networks prioritise security. As technology continues to improve, data will be more abundant than ever. APAC businesses must focus on cybersecurity protocols to stay ahead in the race.
Since data is the future, APAC businesses need to be constantly evolving to keep up. Edge computing provides powerful capabilities like better scalability, immediate processing, and more innovation. Now, the next step is adopting edge computing in the coming months and years. Based on the reports, the Asia-Pacific region will see massive growth to propel it forward.