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Edge Computing is essential for business-critical data and processes in monitor and control, supply chain, manufacturing execution and batch management, asset performance management, and access control
MAYNARD, Mass.–(BUSINESS WIRE)–Stratus Technologies, a global leader in simplified, protected, and autonomous Edge Computing platforms, and Espalier, a specialized strategy analytics consulting firm, today shared market research identifying key use cases and industries projected to drive Edge Computing adoption up to 46% through 2026. The findings project strong market demand for simple, protected, autonomous Edge Computing solutions as part of combined software and hardware architectures required for business-critical processes in monitor and control, supply chain, manufacturing execution systems (MES) and batch management, asset performance management (APM), and access control use cases.
In completing a comprehensive study of the global Edge Computing market, Espalier’s global team of strategists and analysts applied advanced analytics to define markets and technology adoption. Incorporating primary and secondary research and proprietary analytics, the study projects growth of Edge Computing and related technologies across industries over a five-year period.
“For nearly 20 years, Espalier has studied the edge compute market worldwide, and there’s no question edge is approaching a key inflexion point, post-pandemic. Enterprises across verticals are looking to complement prior cloud deployments by transforming how they collect data and manage critical processes at the edge with the highest levels of reliability,” said Dr. Inder Thukral, CEO of Espalier.
“In that context, our collaboration with Stratus examined five-year market growth for edge, based on value of technology disruption, business-critical use cases, requirements for fault tolerance and reliability, market sizing by industry need, and regional variances. We believe Stratus’ Edge Computing platforms and services combined are well positioned to support the broad opportunity, estimated at up to 46% growth, for those industries pursuing digital transformation at the Edge.”
OT Edge Automation to Lead Edge Computing Growth Post-COVID
The research assessed a range of Edge Computing use cases for horizontal Industry 4.0 technologies such as IoT devices and platforms, artificial intelligence (AI) and analytics, cybersecurity, augmented reality (AR)/virtual reality (VR) as well as traditional enterprise software workloads in industrial and non-industrial verticals. Applications were grouped by operations technology (OT) and information technology (IT) and reveal growth for three segments:
Critical Use Cases and Industries to Benefit from Edge Transformation
As organizations digitally transform, Edge Computing solutions are critical to ensuring uptime as well as providing key insights and visibility into daily processes at the location where products are being made and customers are being served. The most immediate Edge Computing use cases driving adoption include:
The research also identifies these use cases as being of high value in select industries, notably:
Education with the Stratus Edge Computing Experience
To illustrate the wide range of Edge Computing use cases and environments in industrial automation, Stratus developed the Stratus Edge Computing Experience (ECX) which provides end users, Solution Builders, OEMs, and SIs an immersive experience to explore edge automation.
To learn more about Stratus’ Edge Computing platforms please visit www.stratus.com.
Espalier is a specialized strategy analytics consulting firm enabled by technology and was born out of the conviction that high stakes decision making requires expertise in both the strategy craft and AI technologies. Our tech-enabled service is built on a proprietary AI platform that collects, contextualizes, and analyzes multiple streams of data and signals – utilizing innovative taxonomies, ontologies, knowledge graphs, natural language processing, machine learning and graph analytics in support of the craft of strategy. Since 2011, we have advised several Fortune 1000 companies, investment banks, private equity firms to understand and exploit market opportunities. For more information, please visit us at https://www.espalier.ai/
For leaders digitally transforming their operations to drive predictable, peak performance with minimal risk, Stratus ensures the continuous availability of business-critical applications by delivering zero-touch Edge Computing platforms that are simple to deploy and maintain, protected from interruptions and threats, and autonomous. For 40 years, we have provided reliable and redundant zero-touch computing, enabling global Fortune 500 companies and small-to-medium sized businesses to securely and remotely turn data into actionable intelligence at the Edge, cloud and data center – driving uptime and efficiency. For more information, please visit www.stratus.com or follow on Twitter @StratusAlwaysOn and LinkedIn @StratusTechnologies
Victoria Newell, V2 Communications for Stratus Technologies
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