“Excellent!” I cried.
“Elementary,” said he.”
With any new creation of game-changing technologies, hyperbole and over-zealous marketing can run amok. Same can be said about the edge internet:
- “Latency is the new currency” …
- ”AI at the edge is the next goldmine” …
- “Edge is the next generation of the Internet” …
- “The Internet is decentralizing” …
For some, we’re beginning to treat these cliches as fact, with constant cries of “excellent!”
“Excellent!” indeed – as the edge is now a practice across multiple organizations. The category is well defined with clear taxonomies and established value chains.
In fact, it is “excellent!” that private enterprises care about 5G and edge deeply. It is “excellent!” since multiple internet economies are beginning to form around the edge. While the size and scope of this overall economy is worth trillions of dollars over the next decade, the most “excellent!” part is the fact that these are shared economies, and the network effects are profound.
And to the yin of “excellent!,” we have the yang of “elementary.”
He said “elementary” … and the “edge is the new cloud!” Despite being a new category, it’s both natural and tempting to re-use templates from the cloud world. Clearly, it has ushered in an entirely new way to conduct business, live inside our homes, and play.
Edge is not just a trend. The pandemic has helped shine a more direct light on the edge, independent of the type of digital interaction we consume in our daily lives.
But back to “elementary” – what really is edge?
Edge is about any software workload. It’s not just about applications. Therefore we are doubling down today, and introducing our horizontal platform – Private Edge. Elsewhere, we had observed that one of the components of the foundational framework included new edge architectures where we reliably optimize towards a super-fast high bandwidth Internet, and achieve single-digit, millisecond internet latencies at any layer. That’s the premise of our company and the opportunity we can provide to the world.
Riding on that theme, we all seek ways to accelerate economic outcomes at the edge. There’s an immediate need to eliminate both technology and business friction and create a scalable shared economic paradigm. The good news: there is now a common understanding that a distributed, neutral host, edge API consumption model is an imperative – and it has the disruptive potential to impact multiple trillion-dollar industries.
What this means is we’re moving into a new world of “Edge-onomics.”
What is Edge-onomics? It’s a shared platform to explore ideas that lead to tangible economic understandings at the edge.
Why Edge-onomics? Because we know who cares and why now!
We’ll be exploring in more depth what Edge-onomics means to businesses, developers, partners, and the average person that will be impacted by edge computing and technology moving forward.
To make this movement accelerate and rise the tides, we invite edge practitioners to collaborate and contribute to our collective understanding. We can’t wait for what’s to come. Welcome to the edge economy.
 Ganesh Sundaram, “The Edge Internet: Sparking a reconfiguration,” Connected Intelligence 2030.