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Frost Radar™: Serverless Edge Computing, 2024

Is Your Business Positioned to Capitalize on Growth Opportunities in Serverless Edge Computing?

The rise of disruptive technologies is driving the need for efficient data processing, reduced latency, robust security, and real-time analytics. Serverless edge computing is at the forefront, transforming how businesses handle data by bringing computing capabilities closer to the source. Further, serverless edge computing is poised for significant growth, with the industry expected to expand by 10% to 20% annually, driven by the increasing deployment of IoT networks. This growth will be fueled by:

  • Cost-Efficiency: Small-to-medium-sized enterprises (SMEs) can achieve significant efficiencies without major investments in infrastructure.
  • Scalability: Larger businesses will reduce the burden on IT teams to optimize operations.

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Strategic Imperatives Revolutionizing Serverless Edge Computing

Innovative Business Models

Combining distributed computing, storage services, and sophisticated networking into innovative Serverless-as-a-Service (SaaS) models tailored for different customer segments, providing scalable and cost-effective solutions.

Industry Convergence

Accelerating innovation through strategic partnerships with cloud service providers, AI developers, and IoT network providers, integrating technologies to support smart buildings, enhance energy utilities, and improve customer experience with personalized, real-time responses.

Disruptive Technologies

Leveraging artificial intelligence (AI), machine learning (ML), and 5G to enhance automation, real-time data processing, and efficient deployment of IoT networks, enabling smart device management and advanced analytics.

How will your organization adapt to these strategic imperatives to capitalize on growth opportunities in serverless edge computing?

The Frost Radar™ offers a robust analytical framework for evaluating the top ten developers of serverless edge computing solutions. This tool assesses companies using a blend of qualitative and quantitative metrics, aiming to support providers in driving innovation, establishing competitive advantages, and achieving transformational growth. Additionally, it guides customers in identifying the best partnership opportunities tailored to their specific needs. Leverage this benchmarking tool to unlock future growth potential by capitalizing on advancements in serverless edge computing.

The Frost Radar™ highlights the top ten developers of serverless edge computing solutions, covering a range of services including network infrastructure, connectivity solutions, security services, orchestration tools, and managed services. Companies featured on this Frost RadarTM are: Azion Technology Inc., Deno Land Inc., Edjx Inc, Lumigo Ltd, Macrometa Corporation, Netlify Inc, StackPath, StorMagic Ltd, Vendia Inc., and Vercel Inc.

Download this Frost RadarTM for comprehensive intelligence on these companies, spanning competitive strategies, best practices, growth/innovation metrices, technology differentiators, and strategic partnerships.

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