Verizon and Microsoft partner up to accelerate 5G edge computing

Verizon has inked a partnership with Microsoft to help accelerate the deployment of 5G edge applications.

The carrier will integrate Azure edge services into its onsite 5G Edge network to enable ultra-low latency. Verizon and Microsoft’s collaboration aims to open up new possibilities in areas like augmented/virtual reality, computer vision, and digital twins.

“We have built a network that provides real-world, 5G-enabled solutions today,” said Rima Qureshi, EVP and...

Edge computing global spend to hit $250 billion by 2024, says IDC

Global spending on edge computing will hit $250 billion (£193.2bn) by 2024, according to IDC, led by a future of 'extraordinary value and opportunity.'

According to IDC's nascent Worldwide Edge Spending Guide, the market as defined will see a CAGR of 12.5% between the 2019 and 2024 forecast period.

Of that figure, the services market - taking into account professional and provisioned services - will account for almost half (46.2%) of all edge spending by 2024. Hardware...

AI at the edge: Omdia notes five key factors to consider

One of the most important potential areas for edge computing is the impact on artificial intelligence (AI) at the edge - and a new report from Omdia explores five key areas of growth.

The analyst firm's paper, titled 'Connecting the Dots: AI at the Edge', noted that the Internet of Things (IoT) is one of the main drivers for 'AI-at-the-edge', yet a number of different applications across multiple vertical market also apply.

The report noted five factors that would shape...

Cloud vendors will take two thirds of edge service revenue, report predicts

The edge computing opportunity is an enticing one for cloud providers, telecoms operators, as well as enterprises. Yet according to a new market analysis, as much as two thirds of service revenue will fall to the cloud players.

The Edge Computing 2020 report, from analyst firm Mobile Experts, anticipates the global market for edge computing services to grow to approximately $7 billion in 2025. This makes for an interesting comparison with Frost & Sullivan, who assesses the...

Nine in 10 industrial enterprises will use ‘foundational’ edge by 2022, says Frost & Sullivan

Edge computing is a 'foundational' technology for industrial enterprises, according to Frost & Sullivan - with 90% of firms forecast to utilise edge by 2022.

The analyst firm added the multi-edge access computing (MEC) market, which incorporates the wider features of edge computing, is set to reach $7.23 billion (£5.6bn) by 2024.

Many of the use cases cited by Frost & Sullivan for industrial enterprises can be seen as an extension of current opportunies afforded...