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Edge Computing New Requirements
Edge Computing / Analytics Can Save a Typical Source: Cisco Attaining IoT Value: How to move
Retail Store Nearly $34k Annually from Connecting Things to Capturing Insights
• To witness the economic advantages of edge
computing/analytics, look no further than the security and
video analytics cameras employed by a typical retail store.
By processing these cameras’ data locally — at the edge
— rather than pushing it to a centralized data center, the
store can reduce the overall load on its network. This has
significant economic benefits.
• According to analysis by Cisco Consulting Services, for a
retail store with $20 million in annual sales and 100
security and video analytics cameras, edge
computing/analytics can deliver annualized savings of
$33,800 — and a 1.7% annual EBIT increase — versus
employing a traditional data center/cloud computing
approach.
• The cost of edge-computing infrastructure is more than
offset by reduced bandwidth costs enabled by processing
the cameras’ data locally