LONDON, Oct. 13, 2020
LONDON, Oct. 13, 2020 /PRNewswire/ -- Leading analyst house Omdia has today released its latest report identifying the key areas for growth for AI-at-the-Edge.
'Connecting The Dots: AI at the Edge' has found that more compute is needed at edge locations to manage and support new and proliferating latency-sensitive IoT devices and software technologies that are analysing an increasing amount of data.
This demand for greater data collection and analysis is creating a major challenge for network bandwidth and a pressing need for greater security options. IoT is one of the main drivers for the need for AI at the Edge, however the requirement is being driven by a number of different applications across multiple vertical markets.
The latest 'Connecting The Dots' report focuses on the five key factors which will shape the AI-at-the-Edge opportunity over the coming years, as well as a short term and long term outlook of practical uses for AI-at-the-Edge across key markets.
Five factors that will shape AI-at-the-Edge:
Bill Morelli, Vice President for Enterprise at Omdia, commented: "Over the past few years, AI has moved from the experimental phase to commercialisation stage. AI in the cloud is now a reasonably established technology being implemented by a variety of business processes. As a result of this, there are now a number of compelling use cases within AI that require Edge technologies."
"To meet this demand and requirement, a diverse range of silicon products have emerged. Capability has finally caught up with the need for AI at the Edge solutions. This marrying of requirement and technology will drive the space for many years to come across multiple sectors to provide better business outcomes and solutions."
The AI-at-the-Edge report also identifies a short- and long-term outlook across five key areas including manufacturing, healthcare, smart buildings, utilities and video surveillance.
Short Term Outlook for AI-at-the-Edge across vertical markets (2020):
Long Term Outlook for AI-at-the-Edge across vertical markets (2021 and beyond):
The 'Connecting the Dots: AI-at-the-Edge' report is available for free download.
Omdia is a global technology research powerhouse, established following the merger of the research division of Informa Tech (Ovum, Heavy Reading and Tractica) and the acquired IHS Markit technology research portfolio*.
We combine the expertise of over 400 analysts across the entire technology spectrum, analyzing 150 markets publishing 3,000 research solutions, reaching over 14,000 subscribers, and covering thousands of technology, media & telecommunications companies.
Our exhaustive intelligence and deep technology expertise allow us to uncover actionable insights that help our customers connect the dots in today's constantly evolving technology environment and empower them to improve their businesses – today and tomorrow.
Omdia is a registered trademark of Informa PLC and/or its affiliates. All other company and product names may be trademarks of their respective owners. Informa PLC registered in England & Wales with number 8860726, registered office and head office 5 Howick Place, London, SW1P 1WG, UK. Copyright © 2020 Omdia. All rights reserved.
*The majority of IHS Markit technology research products and solutions were acquired by Informa in August 2019 and are now part of Omdia.