IDC: Global edge computing market to value $250bn in 2024

IDC: Global edge computing market to value $250bn in 2024

  Worldwide spending on edge computing has been estimated to reach $250 billion by 2024, growing by a Compound Annual Growth Rate (CAGR) of 12.5 per cent, according to the International Data Corporation (IDC). In the new Worldwide Edge Spending Guide from the IDC, the globa edge computing market will reach $250.6 billion in 2024. According to Dave McCarthy, research director, edge strategies at IDC, edge products and services are powering the next wave of digital transformation. “With the ability to place infrastructure and applications close to where data is…

Read more

Edge infrastructure as the new normal for global telecoms

edge, infrastructure, telecoms, operators, new normal

Many ways abound for telecommunications operators to drive digital transformation from their end of the ICT spectrum, edge computing is however the buzz word at the moment, aiming to increase the pace of making telecoms services available to their end users and in good quality. BANJO OLANIRAN reports. Edge computing is a distributed computing paradigm that brings computation and data storage closer to the location where it is needed, to improve response times and save bandwidth. The notion that telecoms operations are configured in a way driven by availability of…

Read more