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How will you ensure that your technologists effectively incorporate edge data center strategies and GenAI to maximize the ROI on your digital investments?
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Growth Potential of Edge Data Centers: 82% of global enterprises are using or planning to use edge infrastructure to run their data applications in the next 2 years.
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Growth Potential of GenAI Applied for IoT: The GenAI industry will create new opportunities worth $1.3 trillion by 2032, representing up to 12% of total IT spending. As the global count of Internet of Things (IoT) devices crosses 73.8 billion by 2027, GenAI will be crucial in handling the complexity and size of connected systems.
Edge data centers are revolutionizing data management, moving data storage/processing closer to the data source, enabling real-time decisions and analysis. Now, localizing the digital edge is poised to help businesses circumvent challenges associated with centralized processing, transmission, bandwidth, redundant data flow, and associated costs. This is intensifying the pressure on providers to strategically distribute edge data centers across emerging Tier II locations to support evolving enterprise workloads. Moreover, exponential growth in data volumes collected from connected devices is making GenAI technologies essential for maximizing the potential of IoT. This synergy between GenAI and modern IoT at the edge represents a transformative force – one that fosters intelligent systems that can analyze data, generate actionable intelligence, and make informed decisions.
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Innovative Data Center Business Models:
Implementing decentralized architecture in digital infrastructure to capitalize on next-generation business models that emerge from new applications in edge computing, quantum computing, and the Internet of Things (IoT).
Disruptive Data Center Technologies:
Supporting mission-critical customer applications and new workloads that necessitate low latency and high-performance, amid the proliferation of AI, 5G networks, machine learning (ML), Big Data, and cloud.
Rising Competitive Intensity:
Focusing on accelerated innovation and intellectual property protection amid increasing competition to develop and deploy cutting-edge solutions, as businesses recognize the potential of GenAI to enhance IoT applications.
Discover top growth opportunities in Edge Data Centers and GenAI applications for IoT by accessing Frost & Sullivan's comprehensive intelligence on the subject. Download now for unlocking visionary perspectives!
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