Around 10 percent of enterprise-generated data is created and processed outside a traditional centralized data center or cloud. Gartner predicts that by 2022, this figure will reach 75 percent.
The very existence of cloud took the entire world by storm, and in the process, it proved that it was more than just hoopla. It’s still a big deal, and we have seen an exponential growth of SaaS applications over the years. Since the inception of artificial intelligence (AI), the industry is having a paradigm shift from cloud to something known as ‘edge.’ Moreover, with the Internet of things (IoT) bemusing the digital space, edge computing is gaining domain authority. There have been various speculations by the industry pundits that edge computing is going to edge out cloud computing. Well, the short answer is: no. But a more complex answer is that with the growing data crunch and quick adoption of AI, the cloud may not always be a viable option!