Private networks are expected to make it easier to deploy edge computing solutions for data-intensive use cases
BOULDER, colour, Nov 4, 2021 /PRNewswire/ — A new report from Guidehouse Insights details the role of 5G in the industrial Internet of Things (IIoT) and how businesses can benefit from it. The report also provides real-world examples with recommendations for stakeholders interested in implementing the technology.
IIoT is a long-term goal of manufacturers and other industrial companies looking 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 overcome in the face of legacy systems that were never designed to be connected. According to a new report from Guidehouse Insights, 5G has the potential to solve connectivity problems by enabling edge computing devices to better share data with the cloud.
“As factories and industrial environments become connected to the cloud, the amount of data can quickly become unmanageable, so large that it is impossible to act in real time based on insights generated by sensors,” he says. Francesco Radicate, senior research analyst at 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 fast and seamless IIoT.”
Private networks are another important 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, the report said.
The report, 5G could boost edge computing for IIoT, describes the role of 5G in IIoT, discusses how it can benefit businesses, and provides examples of real-world examples. The report also provides recommendations on how stakeholders can implement the technology to achieve greater efficiency. A summary of the report is available for free download from the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, Guidehouse’s dedicated market intelligence division, provides research, data and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are based on an in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, primary end-user research and demand assessment, combined with an in-depth examination of technology trends, to provide a comprehensive picture of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global provider of advisory services to the public sector and commercial markets, with broad capabilities in management, technology and risk advisory. Combining our expertise in the public and private sectors, we help clients address their most complex challenges and deal with significant regulatory pressures, with a focus on transformational change, business resilience and technology-driven innovation. Through a range of consulting, consulting, outsourcing and digital services, we create scalable, innovative solutions that help our clients outsmart complexity and position them for future growth and success. The company has more than 12,000 professionals in more than 50 locations worldwide. Guidehouse is a portfolio company of Veritas Capital, led by experienced professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues that drive national and global economies. For more information, visit www.guidehouse.com.
* The information in this press release about the report, 5G could boost edge computing for IIoT, is a summary and reflects Guidehouse Insights’ current expectations based on market data and trend analysis. Market forecasts and expectations are inherently uncertain and actual results could differ materially from those contained in this press release or report. Please refer to the full report for a full understanding of the assumptions underlying the report’s conclusions and the methods used to prepare the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update the information contained in this press release or report.
For more information contact:
Jennifer Peacock
+1.404.575.3859
jpeacock@guidehouse.com
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SOURCE Guidehouse Insights
