Who Can Stand to Benefit From Edge Computing?

Who Can Stand to Benefit From Edge Computing?

As technology evolves past the keyboard and mouse, the smartphone, cloud computing, and more, people need to learn new forms of data management. 

Perhaps one of the newest forms of data management is edge computing. Edge computing is the storage of data near the source instead of storing it on a server somewhere near the centre of your data network. 

The thought is that keeping the data closer to the source allows for more efficient use. But who can stand to benefit the most from this form of data management? Time to dig in. 

Developers

Edge computing can support complex Kubernetes distribution, as shown by CNCF sandbox projects from providers like SUSE. These types of projects for data management allow for greater use of resources at the source instead of managing it through a central node, which is a win for developers because data access is easier to gain and distribute. 

Healthcare

The healthcare industry has seen a boost from the development of edge computing over the past decade. With computer-based decision-making slowly making its way into the diagnosis of certain diseases, healthcare needs better access to data quickly. 

Wearables such as insulin pumps, blood glucose monitors, and smartwatches are powering this move with their ability to upload data to doctors for greater control of healthcare decisions.

Finance

With international stock markets now moving at speeds previously unheard of, being able to access data quickly and efficiently is a must for safe and careful financial decisions. Edge computing is now allowing banks to connect to customer data more quickly. 

Speedier data access with the addition of artificial intelligence is also aiding in real-time stock market decisions for investors and day traders alike. These types of quick decisions can help anyone navigate sensitive markets like cryptocurrency.

Retail

Retail is also seeing edge computing help them with crucial decisions on stock and sales. Data saved at individual stores combined with data at the home office can aid in generating sales. 

The data can also let store managers and district managers better manage stock and discover how to move products through store placement. Decisions like these also aid the overall customer experience in a world where brick-and-mortar stores are becoming less relevant.

To wrap up

Computing and data management continue to grow as consumers give more information through their smartphones, social media, and browsing habits. As a result, data is now becoming as valuable as any other commodity on the market. 

Managing this data is a critical function for businesses, healthcare, government, and finance in a world where decisions need to be made at lightning speed. Real-time decision-making through computing allows more time to be spent on planning and future projects. 

In whatever way you deal with data, know that quick decision-making and data management are likely behind everything from buying a candy bar at a grocery store to making a stock trade. Those who understand these new concepts will have a leg up on everyone else.

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Who Can Stand to Benefit From Edge Computing?