Digital transformation initiatives across all sectors of the economy are leading to an unprecedented uptick in data -- both from a creation and consumption standpoint. This data proliferation is leading to a massive strain on service provider networks, which must be rearchitected to handle a new wave of customer demand. A converged edge solution might solve the problem.
One of the promises of 5G is its ability to deliver a more agile network that meets this demand while expanding innovation potential for enterprises looking to harness data closer to where it's being produced -- often referred to as the edge of the network.
While edge computing represents a $17 billion market opportunity for service providers, according to global research firm Analysys Mason, just 6% of enterprise IT decision-makers consider service providers experts in the edge space. Further, more than half of that market resides within user-facing applications and service platforms.
To position for the future, service providers need to effectively use their networks to tap into the value at the edge today while positioning for tomorrow's agile service platforms. They can quickly bring new edge-enabled applications to market by:
Understanding which industries are most amenable to leveraging edge to better deliver value internally and externally;
Identifying key use cases in those industries and the related applications most likely to gain market traction; and