“It is not the most intellectual nor the strongest species that survives; but rather it is the species best able to adapt to the changing environment in which it finds itself,” is how one evolutionary biologist summed up Charles Darwin’s theory of evolution.
The same might be said of today’s IT solution provider - the greater their ability to adapt to a fast-changing environment, the more likely they are to both survive and thrive. But how do you prepare for the unknown?
On October 24-26, Scale Computing will be in Anaheim as one of the sponsors for the NextGen+ expo, a new hybrid conference that unites live in-person events with an interactive virtual experience. If you’re planning to attend the show, we hope you’ll carve out some time to visit us in Booth 321 where we will be showcasing some of the latest innovations in edge computing and demonstrating how next generation edge solutions are helping MSPs differentiate their solution portfolio and open up new sales opportunities.
Sizing up the Edge Opportunity for MSPs
Just as cloud-based infrastructure and applications have transformed how businesses buy and consume IT service, edge computing is fueling a new wave of innovations. And the MSPs who are able to offer expertise in edge computing will be well positioned to capitalize on this massive growth market.
According to Gartner, 75% of all enterprise-generated data will be created and processed at the edge by 2025 while the total market for edge computing is projected to grow at a compounded annual growth rate of 37.4%, representing a total market size of $43.4 billion by 2027.
75% of all enterprise-generated data will be created and processed at the edge by 2025 while the total market for edge computing is projected to grow at a compounded annual growth rate of 37.4%, representing a total market size of $43.4 billion by 2027.
There are several key trends that are driving more organizations to make edge computing a strategic priority, including:
Need to Process Data Locally: IoT devices, video systems and environmental sensors are just some of the many technologies saturating our physical spaces. These devices generate massive amounts of data but transferring all that data to the cloud for processing is both impractical and cost-prohibitive. Edge computing allows all this rich data to be collected and analyzed at the source, enabling businesses to be more agile in how they respond to changing market conditions.
Keep Critical Applications Running: Reliable connectivity is key when applications are running from a centralized location. Whether it’s a complete outage, occasional drop or simply high error rates, any interruption is bound to affect the availability and performance of applications relying on that connection. Running applications locally means they can continue to operate as expected, even without a connection to the cloud or data center.
Evolving Data Privacy Regulations: The risk of interception and potential for regulatory non-compliance increases every time data is moved. By definition, the cloud is a fuzzy place, making it difficult to know exactly where data is and where it has been. The more data that can be collected and processed on-site, the simpler maintaining compliance becomes.
The convergence of these trends is bound to create a vast and lucrative new market for a future generation of high-velocity MSPs. And the benefits of building expertise in edge computing sooner rather than later will no doubt be rewarded with new sales opportunities, diversified and profitable revenue streams, and perhaps most important of all, new ways to add strategic value across the client experience.
Drop us a line at email@example.com if you’d like to schedule a demo at the booth and/or a virtual demo.