A question we often see posed by a growing number of analyst reports and articles - Why can't utilities be more like Netflix or Amazon? Ie. Why can't utilities be more customer-centric and adaptable to new technologies?
However, do we really want that?
Imagine waiting for your 'smart utilities' to buffer as you watch your lifeless dinner stay cold in a smart microwave that's still only 17% ready to heat. Imagine relying on Alexa to route you through some sort of AI phone chain, rather than speaking to a trained expert in a 24/7 situation room.
“If you think about all of the behind-the-scenes processes and conveniences of daily life, and how they can go wrong or fall victim to a company trying to save a few pennies by putting everything in the cloud, you already have a pretty good handle on why the market for edge computing is a hot topic,” says Michael Kanellos, IoT Analyst at OSIsoft.
The Edge is a strategy for handling particular tasks locally (or at least outside of large, centralized cloud-based data centers). While a distributed architecture may mean higher hardware costs, it also means lower bandwidth costs and that the benefits of IIoT are more easily generated.
While many processes can be run in the cloud, it doesn't mean they should, and industry research supports this. Gartner predicts that the amount of data created/processed outside of cloud data centers will jump from 10% today to 75% by 2025. However, this doesn't mean the cloud is going away.
Read the full article on Enterprise Insights here.