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Evaluating the Costs and ROI of Edge Computing

Publisher IDC
Published Jun 18, 2024
Length 8 Pages
SKU # IDC18912500

Description

Evaluating the Costs and ROI of Edge Computing


This IDC Perspective outlines the various methods for provisioning IT service at the edge and presents strategies to understand the business value of edge investments. More and more companies are embracing edge computing, citing benefits that include faster and more efficient data collection and analysis near the source. But while edge computing has many benefits, it's not cost effective in some cases. Determining when and how to use edge computing requires understanding both hard costs — like building and maintaining the infrastructure and optimizing applications for the edge — and soft costs — like customer satisfaction, productivity, and efficiency (as well as avoiding sometimes-hefty fines related to breaking data sovereignty rules) — associated with it."Provisioning IT service at the edge is increasingly a requirement in our digital-first world. But the cost of building out IT service at the edge can be significant. Understanding the many implementation approaches and as-a-service options, as well as the ability to measure return on investment, is critical to building an effective edge strategy," says Jennifer Cooke, research director for IDC's Edge Trends and Strategies.

Please Note: Extended description available upon request.

Table of Contents

8 Pages
Executive Snapshot
Situation Overview
What Are the Costs of Setting Up and Running Edge Computing?
Hard Costs
Soft Costs
The Cost of Downtime and Impact of Disruption
The Value of Maintaining Control over Data and Complying with Data Sovereignty Laws
What Are Some Ways to Lower Edge Computing Costs?
Edge-as-a-Service Strategy
Edge-Native Platforms
Measuring the Return on Investment for Edge Computing
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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