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Private networks are expected to make edge computing solution deployment easier for data-intensive use cases
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Nov 04, 2021, 05:00 ET
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BOULDER, Colo., Nov. 4, 2021 /PRNewswire/ — A new report from Guidehouse Insights describes the role of 5G in the industrial internet of things (IIoT) and how it can benefit companies. The report also provides example real-world use cases with recommendations for stakeholders interested in implementing the technology.
IIoT has been a long-term goal of manufacturers and other industrial firms wanting to improve predictive maintenance of systems, reduce downtime, and reduce repair costs to improve process efficiency and asset tracking. Connectivity is one of the most difficult challenges to surmount in light of legacy systems never designed to be connected. According to a new report from Guidehouse Insights, 5G has the potential to solve connectivity problems by allowing edge computing devices to better share data with the cloud.
"As factories and industrial settings become connected to the cloud, the volume of data can quickly grow unmanageable, being so large as to make it impossible to act in real time on insights generated by sensors," says Francesco Radicati, senior research analyst with Guidehouse Insights. "Adding edge computing reduces latency and allows devices to filter only the necessary information to send to the cloud. 5G and edge computing work together as key ingredients to enable quick and seamless IIoT."
Private networks are another key factor in edge computing and 5G. They are expected to make it easier to deploy edge computing solutions to enable data-intensive use cases such as computer vision and virtual and augmented reality, according to the report.
The report, 5G Can Supercharge Edge Computing for IIoT, describes the role of 5G in IIoT, discusses how it can benefit companies, and provides example real-world use cases. The report also provides recommendations for how stakeholders can implement the technology to achieve greater efficiencies. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 12,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, 5G Can Supercharge Edge Computing for IIoT, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
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SOURCE Guidehouse Insights
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