IoT Potential: Edge Computing The Key To Unleashing IoTs True Power

IoT Potential In Edge Computing Tames Data

Scalability and performance needs of the digital era have outshone traditional centralized system designs that rely on sending data backhauling back to one or multiple business data centers for processing, often increasing costs while impairing application performance.

To reduce costs while improving IoT application performance, businesses and service providers alike are turning toward decentralized designs which offload certain processing tasks at the network edge in an effort to cut down costs while optimizing application performance.


Edge Computing Improves IoT System Reliability And Cost Efficiency

Edge Computing Improves IoT System Reliability And Cost Efficiency

Gateways and servers designed for cutting-edge computing that collect, process and analyze data at the edge of an enterprise or service provider network offer various functional and financial benefits to enterprise or service provider networks.


Edge Computing Can Help:

  1. Edge computing can assist with data gathering, processing and analysis tasks by offloading them from cloud-based apps, thereby increasing the performance and scalability of intelligent systems.
  2. Enhance local applications that are sensitive to delays (like real-time industrial automation) by processing data locally and minimizing latency from wide area networks (WANs).
  3. Reduce upstream traffic across WAN lines (and mobile backhaul networks for communications service provider situations) in order to keep network expenses within budget.
  4. Increase the lifespan and resilience of intelligent systems by eliminating single points of failure and dispersing computation tasks across their networks.
  5. Transferring IoT device processing and memory capacity from endpoint connected devices onto gateways and servers will allow for simpler, cheaper IoT solutions.

Cutting-Edge Computing

It is the transfer of computational power from central computers onto wireless networks for purposes of improving service and application performance, reliability and operational costs.

Edge computing reduces latency and bandwidth limitations of todays Internet by shortening physical device distance from supporting resources as well as network hop count to open up new application classes and reduce latency times for these services.


Market Trends Of Edge Computing Solutions

Market Trends Of Edge Computing Solutions

Companies across all sectors are turning to edge computing in an attempt to enhance operational efficiencies and support smart systems, IoT and big data initiatives.

  1. Futurum Research conducted an Edge Computing Survey among over 500 firms; 73% had either already deployed an edge computing strategy or were in the process of adopting one.
  2. 72% of those who think their edge approach will improve business operations and productivity believe it to be either significant or extremely consequential.
  3. Data center analytics and edge computing have already been combined in 64% of cases.
  4. Grand View Research projects that as companies and service providers transition toward decentralized system designs, edge computing platform investments globally will reach $3.24 billion by 2025. As seen below, an expanding vendor ecosystem has formed to service this developing industry.
  5. Additionally, standards-based edge computing frameworks like the Linux Foundation EdgeX Foundry project are being established in order to promote multi-vendor interoperability and accelerate the adoption of edge computation technologies.

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Edge Computing In An IoT System Architecture

Edge Computing In An IoT System Architecture

Edge computing allows for local analysis and action on Internet of Things data before being sent upstream to corporate data centers or clouds for processing, providing local analysis and action on Internet of Things devices, sensors and apps.

Below is an illustration showing how edge computing platform relate to a typical IoT system reference architecture - notable components include:


Internet Of Things:

Connected gadgets and intelligent endpoints that produce data or need to be controlled are examples of IoT.


Edge Gateways:

These intermediate edge devices collect information, manage endpoints and translate protocols (from IP to older operational technology protocols like SCADA).


Edge Servers:

Edge servers are edge computing platforms used to process, examine and filter nearby data. Edge servers carry out local business logic and real-time analytics and filter out irrelevant information that does not have historical or global importance.


Cloud/Data Center Applications:

These business apps and services that can be found either online, within an enterprise data center or both are defined as Cloud/Data Center Applications.

Data scientists, business users, and technical specialists often utilize technologies for business intelligence gathering, data analytics analysis and visualization within these services and apps.


Example Of Factory-Floor Edge Compute

Example Of Factory-Floor Edge Compute

An elementary manufacturing example illustrates how each component of a smart manufacturing system functions. Below, you can see that, in this instance, the smart manufacturing system includes monitoring and controlling older factory floor machines.

An elementary manufacturing example provides insight into how each component of a smart manufacturing system functions, in this instance, by monitoring and controlling older factory floor machinery.


Service For Edge Computing

Innovative Infrastructure as a Service (IaaS) providers like Developers.dev partner Packet have introduced managed cloud-edge computing services, giving companies access to huge scalability, expedited time-to-value, reduced operating headaches and unnecessary edge equipment costs, as well as reduced overheads associated with edge equipment deployment and use.

Cell towers and other remote places often host on-demand edge computing services that deliver on-demand edge services on demand, directly serving their clientele or users.

Cloud edge solutions services help improve speed and scalability by eliminating WAN latency, congestion and performance bottlenecks for bandwidth-intensive applications that depend on delays to run smoothly.


Developers.dev At Work

Developers.dev At Work

Use Cases Of IoT and Smart Systems

Companies from nearly every industry have adopted intelligent solutions in an attempt to automate business processes more easily and reduce cycle times.

According to IDCs research, investment in IoT technologies worldwide could reach $1.5 trillion by 2024.


Utilizing Iot For Manufacturing Purposes

Automated industrial and factory floor control systems, automation applications and monitoring applications, as well as equipment monitoring, are just a few features to look out for when selecting automation control solutions for automation control of equipment or personnel monitoring purposes.


Transportation

Telematics applications provide solutions for traffic control and public transit management, as well as fleet monitoring systems used for managing commercial fleets; connected cars also form part of this transportation network.


Retail

Marketing, Customer Service, Advertising, Micro Targeted Shopping and Loss Prevention.


Healthcare

Applications to assist healthcare practitioners and intelligent patient monitors.


Energy And Utilities

Solutions for smart metering, control, and monitoring of energy and utilities across distribution networks that include water, gas, oil and electricity are now available.

Logistics and Inventory Solutions include smart warehousing, supply chain supervision, cargo delivery/tracking solutions as well as shipping/tracking options.


Government And Smart City Infrastructure

Public safety, surveillance, waste management, automated parking and toll metering systems, lighting as well as health and human services are among the key focuses.


Agriculture

Agriculture requires smart environmental monitoring systems as well as seeding, feeding, irrigation and harvesting control systems for harvesting.


Smart Buildings

Smart buildings encompass HVAC, employee tracking systems, elevators, security measures and surveillance measures.

Read More: Unleashing IoT: Understanding The Complete Concept


Cloud Storage Supports IoT And Smart Systems Tech

Cloud Storage Supports IoT And Smart Systems Tech

Developers.dev Hot Cloud Storage provides quick, dependable and reasonably priced cloud object storage to meet any need.

Scaling Developers.dev is extremely affordable compared to first generation providers which may feature complicated pricing structures or storage tiers which make scaling their solutions less straightforward.

Massive datasets can easily be stored with Developers.dev at the heart of any intelligent system, as seen below.

Developers.dev can serve as a central data repository for applications related to business intelligence, machine learning, at-rest analytics and data visualization.

Developers.dev offers multiple advantages to smart systems:


Prices Of Commodities

Developers.dev Hot cloud storage costs $.0059 per gigabyte monthly. By comparison, Google Multi-Regional costs $0.026/GB monthly.

In contrast, Amazon S3 Standard and Azure RA-GRS Hot each cost an average of $0.023/GB each month.

Developers.dev delivers superior output with faster time-to-first-byte rates. Developers.devs parallelized system design outperforms first-generation cloud storage solutions in terms of read and write performance.


Strong Data Resilience And Protection

Developers.dev hot cloud storage is built to deliver maximum levels of data security, durability, and integrity.

An optional immutability feature enhances regulatory compliance while protecting against malware, bugs, viruses, accidental deletions and administrative mistakes.


Tiered Storage Services: Proceed With Caution

Tiered Storage Services: Proceed With Caution

First-generation cloud storage companies provide uncomplicated tiered storage services. Each tier offers different pricing plans (with intricate cost structures), performance characteristics and SLAs that can be tailored specifically for different data.

Tier-1 services typically cater to three distinct forms of data, though each vendors portfolio varies drastically.


Active Data:

Any real-time information accessible to users, applications and the operating system. Active data has stringent read/write performance requirements and should only be accessed regularly.

Determining the right class (and pricing structure) of cloud storage providers that primarily offer legacy offerings can often prove challenging. Microsoft Azure provides four distinct object storage solutions - General Purpose v1, General Purpose v2, Blob Storage and Premium Blob Storage.

Each offering features different performance and price characteristics that help businesses determine whats the right option.

Additionally, some (but not all) alternatives provide hot storage - for data that is frequently accessed, cold storage for data that gets visited less frequently, and archive storage - material rarely visited at all.

Each storage tier comes with its costs and Service Level Agreement (SLA); making an informed selection can be difficult given all these variables and price factors involved in pricing plans.

At Developers.dev, we believe cloud storage should be easy. Unlike older providers with complex pricing models and storage tiers that do not match user requirements, our product offers predictable pricing that meets every cloud storage need imaginable: active data, active archive, and inactive archive.

You can trust Developers.dev with all types of data storage needs: active, archive and inactive archive data types can all use Developers.dev effectively.

Current Archives are material which is quickly available online (i.e. no restoring is needed from remote or offline sources), such as video files that need access on short notice or disaster recovery data for instantaneous restoration.

Examples might be large video files which need immediate retrieval during emergencies or backup data to recover after catastrophes occur quickly.

Archival Materials Which Have Gone Inactive: Archive material which has not been updated recently for regulatory compliance may no longer be easily accessed; for example, data that had been saved off tape.


Establish An Efficient Relationship With Your Cloud Service Providers

Establish An Efficient Relationship With Your Cloud Service Providers

Developers.dev offers AWS Direct Connect services as one way of connecting to cloud applications that reside on Amazon Web Services (AWS), Microsoft Azure or Google Cloud Edge Platform

Developers.devs relationships with leading data center and exchange providers like Equinix, Flexential, Megaport Digital Realty and Iron Mountain allow it to offer a diverse selection of wireless connectivity choices.

Developers.dev Direct Connect offers speedy and dependable performance by eliminating internet congestion and latency issues.

Furthermore, Developers.dev may connect directly to any private cloud or company network without incurring extra transfer (egress) costs when moving data out. Compared to older cloud providers, this solution simplifies data transfers more than ever.


Advantages Of Combining Edge Computing And IoT

Advantages Of Combining Edge Computing And IoT

Making Real-Time Decisions:

Imagine a manufacturing facility where data is continuously generated from equipment. Businesses can make decisions instantly using insights gleaned by analyzing this information at its source - this enables real-time decision-making while at the same time improving operational effectiveness by eliminating costly downtime.


Improved Performance:

Traditional IoT configurations entail data being sent directly from sources to cloud servers for processing and analysis.

However, edge network computing allows clients to analyze it closer to its origin by minimizing how much needs to be sent, in turn enhancing both performance as well as data transmission costs.


Increased Security:

As cyber-attacks increase in frequency and sophistication, companies become more worried about security. Edge technology plays an essential part in this regard - processing data locally reduces data breaches while offering secure device control and communication features which protect sensitive information.


Reduced Latency:

Latency must be kept to an absolute minimum in situations that demand real-time responses from customers so as to improve decision-making time by processing data closer to its source, speeding up response times, and improving user experiences overall.

Customer experience could drastically cut decision-making time through edge processing of information that allows for quicker reaction times and ultimately enhances user experiences all around.


Increased Scalability:

As IoT devices continue to increase, managing an ever-increasing flood of data becomes increasingly challenging for customers to manage.

By employing edge computing services effectively, they may successfully handle many devices with varied data loads at once.

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Conclusion

Thanks to innovations in edge computing software and hardware, edge computing applications have expanded considerably over recent years.Edge computing holds immense promise across industries; to fully capitalize on it, however, all required elements must be brought together into straightforward yet cost-effective solutions that are simple to deploy and administer.

At Lexmark, this is exactly what we are doing with Optra Edges groundbreaking integrated hardware and software architecture that facilitates rapid deployment of edge applications safely.


References

  1. 🔗 Google scholar
  2. 🔗 Wikipedia
  3. 🔗 NyTimes