Many technology advancements and accelerated adoption of IoT are expected to increase the amount of data transmitted and computed significantly. Digital transformation in manufacturing, supply chain, healthcare, and fleet industries is anticipated to connect millions of endpoints, and all told, it’s predicted there will be 70 billion active IoT devices by 2030.
The computing infrastructure to support the data load created from those endpoints is largely estimated to fall into the purview of hyperscalers.
Hyperscalers is a term rising in popularity that refers to the very large companies that construct the majority of cloud services. The top five providers, as identified by Synergy Research, are AWS, Microsoft Azure, Google Cloud, Alibaba, and IBM, which account for 80 percent of the public cloud market.
Hyperscalers are capable of providing agility in computing and data management. Hyperscaling works by networking servers together horizontally, then leveraging a load balancer to manage incoming requests, which routes them to servers accordingly. This provides the flexibility to scale up or down, as needed, depending on data requirements.
Much of this ability is expected to be found in cloud infrastructure.
The major benefit long-held by the cloud is the ability for businesses to have access to a decentralised data centre to reduce the total cost of ownership in creating data management infrastructure. It’s easier to scale when an organisation isn’t beholden to proving the ROI in building physical data centres.
According to the ICD, worldwide cloud spending is expected to reach $1.3 trillion by 2025. Enterprises have the ability to adopt public, private, or hybrid cloud solutions to meet the requirements of their specific use cases.
As 5G matures and creates new use cases with requirements of very fast data computation (such as robotics and autonomous machinery), edge computing is coming into sharper focus as a viable solution. Edge computing can offer reliable bandwidth, high speed, low latency, and accessibility in areas that don’t have consistent connectivity.
Hyperscalers and communication service providers (CSPs, or telcos) have the opportunity to work together, instead of against each other, in creating edge computing solutions leveraging the 5G network.
Trying to sort out where your organisation fits into the fold, or how to monetise these opportunities in a rapidly developing technology era can be overwhelming. KORE expert Niklas Erkav presented during a virtual event, “From Cloud Native to Zero-Touch: The Future of 5G” presented by RCR Wireless News
Check out our webinar to learn how 5G impacts the cloud, as well as the intersection of hyperscalers and CSPs in this new decade of IoT and connected devices.