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Artificial Intelligence is the buzzword of the year. However, tech enthusiasts have been looking into other emerging trends keeping the sector busy. cloud and edge Computing, for example, are emerging trends that might sound the same but are completely different. Cloud computing focuses on centralized servers for large-scale data centers and processes data using a central cloud server regardless of the distance of its data sources. It is suited for non-time-sensitive requirements. On the other hand, edge computing focuses on on-site data processing for real-time analysis and low-latency needs.
The McKinsey Technology Council conducted a comprehensive study of technology trends, taking data from 2018 to 2022, and they found that cloud and edge computing are getting more popular. The sector scored a 4 in their Adoption Rate Score; for clarity, sectors are rated from 1 to 5, with 5 indicating mainstream adoption in the industry.
