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Some companies have already begun to make investments on the edge to facilitate their specific business models. The hardware investments made in the past to erect data center infrastructures pale in comparison to the investment needed to properly distribute hardware on the vast edge of the network. The edge of the network is a much bigger “place” than the center from multiple aspects. Relocating the needed computing and intelligence towards the edge imposes a massive economic barrier. Applications, their logic, hence their intelligence in data centers must eventually migrate to the edge. There’s too much congestion, traffic, and latency impeding the reflexes and intelligence needed for the smart future. Today, the “brains” (compute power) are hosted in centralized data centers where many applications and their logic drive intelligent IoT applications, however that must undoubtedly change to birth the next generation of intelligent and reactive systems that can immediately sense and respond to stimuli. The smart future will take place on the edge of the network –where people and their devices predominantly reside. Economics underlie all advances impacting society to driving adoption and the smart future is no exemption.

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This smart future is within reach thanks to radical advances in key technologies, however fundamental economic drivers are still needed to take this transformation over its tipping point.

Almost everyone has seen futuristic depictions where AI and IoT intersect in an easy world where machines handle the mundane, assist us, and present new ways to boost our productivity, quality of life, and standard of living.

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