Cloud Computing Vs. Edge Computing

Abhinav Anand | March 21, 2022 | 108 views

Cloud_Computing_Vs

Understanding the Difference

While talking aboutedge computing vs cloud computing, the first and foremost aspect that one must understand is that these components are entirely different and non-inter changeable. Therefore, one cannot simply replace the other in any circumstance.


Edge Computing

Edge computing is ideally known as a distributed computing framework that brings the enterprise closer to data sources such as the IoT and local edge servers. Edge computing is used to process time-sensitive data. By placing the computing services closer to the location, users can effectively benefit from faster, more reliable services. Edge computing is also a constructive way for a company to use and share resources across a lot of different places.


Cloud Computing

Cloud computing can ideally be termed as a platform where resources like compute, storage, and networks can be flexibly used depending upon specific workloads in a highly virtualized manner to fulfill the requirements of modern-day workloads. As a result, organizations can now leverage cloud computing rather than having to invest in hardware themselves and function on-demand effectively.


What Is the C-suite Preference?

Cloud computing’s central idea of offering centralized data sources that can be accessed from anywhere in the world is typically the complete opposite of edge computing’s local data handling concept. Even though cloud computing plays an essential role, the possibilities offered by edge computing to leverage the IoT.Edge computing efficiently process data they gather closer to the source and arenow asking organizations to reconsider their view ofIT infrastructure.


Advantages of Edge Computing

The exponential rise of IoT devices emphasizes a shift in how businessescollect and analyze data. While organizations use content delivery networks to decentralize data and service requirements by copying data closer to the user, edge computing uses smart devices, phones, or even network gateways to conduct tasks on behalf of the cloud, ensuring computing power is brought closer to the users.

Some of the most renowned advantages of edge computing:

  • Speed
  • Security
  • Scalability
  • Versatility
  • Reliability

In 2015, Google Scholar had just 720 new publications relating to edge computing; by 2020, that number had increased to almost 25,000. The number of edge patent filings follows a similar pattern: there were 6,418 edge computing patent filings in 2020, more than a hundred times the number in 2015.


Advantages of Cloud Computing

The back and forth movement of data from the point where it is created to central servers for processing and then to the end-user requires a lot of bandwidth.

The benefits of cloud computing are:

  • Flexibility
  • Consistency
  • Low cost
  • Mobile accessibility
  • Maintenance


Cloud computing is a great euphemism for centralization of computer services under one server.”

EvgenyMorozov, American writer and researcher


Detailed Analysis of the Cons


Edge Computing

Even though edge computing facilitates more opportunities for data processing and storage at a localized level, some regions are prone to disadvantages when it comes to implementation. Numerous areas will also face a lack of skilled IT professionals who are crucial in launching and managing the local edge network’s devices.

With the vicious circle of limited network capacity, building sophisticated network models with diminished network infrastructure would be the ideal way to begin.

Some of the cons have been highlighted below:

  • Geographic inequalities
  • Trouble preventing and monitoring security breaches
  • Loss of data with potential energy
  • Cost and storage implementation requirements


Cloud Computing

Despite the hype around flexibility in cloud computing in the IT world, there are still some disadvantages to cloud computing that users might come across, especially during smaller operations.

Some of the cons have been listed below:

  • Cloud security and data theft
  • Cloud downtime
  • Limited control
  • Vendor lock-in


Who Wins the Race?

Traditionally, cloud computing has emphasized centralized cloud services divided into a handful of large data centers. This centralization allowed the resources to be highly scalable and sharable while maintaining control and security. Edge computing looks to address those use cases that cannot be adequately addressed by the centralization process, often because of networking requirements and other constraints.

Several observers believe that in the debate between edge computing vs cloud computing, edge computing will eventually supersede cloud computing as computing, in general, will become decentralized, and the need for centralization will diminish. But because their duties are very different from one another, this scenario is implausible.


Conclusion

Edge cloud computing devices are built to accurately capture and process data on-site and analyzeitin real-time. This is not predominantly concerned with data storage. Whereas cloud computing is built on infrastructure and can be quickly expanded to meet the requirements of your workloads. So, ideally speaking, edge computing is appropriate for applications where each millisecond matters, and cloud computing is best for non-time-sensitive applications.


FAQ


What Is the Primary Difference Between Cloud Computing and Edge Computing?

The primary difference between cloud computing and edge computing is that edge containers are situated at the edge of a network, near the data source. In contrast, cloud containers operate from a data center.


Will Edge Computing Completely Replace Cloud Computing?

This is a highly unlikely scenario where edge computing would replace cloud computing. There is always going to be aneed for centralized processing and storage. Edge computing would cover some of the shortcomings of cloud computing, instead of replacing it.


Is Edge Computing the Future?

A recent report by Market sand Markets predicted that the edge computing market will grow from $36.5 billion to $87.3 billion from 2021 to 2026.

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Cloud Enterprise Network (CEN) 2.0, the newly available network services, provides global intelligent networking to support enterprises' global expansion. CEN 2.0 supports ultra-large-scale networking capabilities with higher availability, lower latency, enhanced security capability and greater flexibility in pricing options for enterprises, compared to the previous version. Alibaba Cloud has also unveiled a storage product called ESSD Auto PL, which provides block storage services and supports automatic scaling within seconds to allow businesses to handle sudden traffic surges. As the world's leading elastic block storage product with auto-scaling function, it offers up to one million IOPS (input/output operations per second), significantly higher than the industry average. Lindorm, the cloud-native multi-model database developed by Alibaba Cloud, successfully supported Alibaba Group's 11.11, the world's largest shopping festival, last year. Designed for fusion-processing requirements for wide tables, time series, space-time and various unstructured data, Lindorm has also been supporting customers in various industries in China – including automotive, finance and manufacturing – thanks to its high availability and low storage cost. Alibaba Cloud also introduced ACK One (Alibaba Cloud Distributed Cloud Container Platform), a multi-region and multi-cluster container management platform to provide a consistent management, delivery and operation experience for enterprises. It allows users to implement container cluster management, resource scheduling, data disaster recovery and application delivery through a unified platform, whether in a public cloud, private cloud or on-premise environment. ACK One is the latest addition to ACK Anywhere, Alibaba Cloud Container Service for Kubernetes. Earlier this year, among the eight significant industry players evaluated, Alibaba Cloud was named a "Leader" in The Forrester Wave™ Public Cloud Container Platforms Q1 2022 for the first time. Lastly, to support enterprises' need for hybrid cloud, CloudBox integrates Alibaba Cloud's public cloud infrastructure technologies such as compute, storage and network to provide enterprises with fully managed cloud services for deployment close to customers' business premises. CloudBox delivers a consistent experience as Alibaba Cloud's public cloud, while meeting enterprises' demand for on-premise data processing and low latency compute. CloudBox is designed for multinational companies with business operations in China. Alibaba Cloud has been strengthening its capabilities in computing, storage, network and security. For example, its recently unveiled Cloud Infrastructure Processing Unit (CIPU), a dedicated processing unit designed for its Apsara Cloud operating system, can reduce network latency to as low as five microseconds and improve computing power performance in data-intensive AI and data analytics scenarios by as much as 30%. Prioritizing partner benefits to build inclusive technology ecosystem With its revamped ecosystem strategy, Alibaba Cloud has announced that it is committed to investing USD1 billion to support partners' technology innovation and their market expansion with Alibaba Cloud in the coming three fiscal years. This investment consists of both financial and non-financial incentives, such as funding, rebates and go-to-market initiatives. To accelerate partners' growth, Alibaba Cloud also launched a "Regional Accelerator" program to provide partners operating in different markets with a localized business collaboration model. The model is designed around factors such as a market's level of technical maturity, vertical focus, digitalization needs and business demands, with an aim to boost partners' income and strengthen their technical expertise. Alibaba Cloud ecosystem partners including resellers, technology partners (ISV, SaaS and SI), service and consulting partners can benefit from the program. "Partners have always been a key focus for Alibaba Cloud, and we are committed to providing them with strong support for our ongoing co-creation and value-add – both technologically and commercially to further empower our joined customers, Our revamped partner strategy prioritizes our partners' growth. By continuing to support our partners' business expansion, we can build an inclusive ecosystem benefiting partners and customers." Selina Yuan, Alibaba Cloud Intelligence International President To address complications with partners' international business operations, Alibaba Cloud has also upgraded its collaboration model with its ISV partners, with a focus on enhancing industry collaboration, standardizing go-to-market process, and accelerating technical solution integration to increase efficiency. Looking ahead, Alibaba Cloud hopes to recruit more financial services, retail, internet and manufacturing ISVs to co-develop products and support customer innovation. Alibaba Cloud currently works with about 11,000 partners worldwide, including Salesforce, VMware, Fortinet, IBM and Neo4j. Empowering customers with comprehensive support In order to provide all-round cloud-based solutions and services to all customers, Alibaba Cloud also launched a "Global Delivery and Service Program" to enhance the cloud adoption process for customers. Under the program, it has unveiled three Customer Service Centers in Kuala Lumpur (Malaysia), Porto (Portugal), and Mexico City (Mexico), to support customers in their cloud adoption journey, providing timely and regionalized cloud migration and consulting services. In addition to the Customer Service Centers, Alibaba Cloud has set up three Service Delivery Centers in Kuala Lumpur (Malaysia), Dubai (United Arab Emirates) and Hong Kong (Greater China), to provide extra technology support to its regional offices and customer project delivery in Asia Pacific and the Middle East, Europe and Africa. Fueling new innovations with reliable infrastructure During the summit, Alibaba Cloud has inked nearly 30 agreements to help customers and partners accelerate their digital innovation capabilities with leading cloud computing technologies. In collaboration with JP Games, Japan's leading game development studio, Alibaba Cloud has unveiled a set of new services to create virtual spaces and realistic avatars for global customers venturing into the metaverse. Together with MetaverseXR, Thailand's leading metaverse company, Alibaba Cloud rolled out a comprehensive suite of metaverse solutions for the Thai market in order to fulfill growing local demand for embarking on a Web 3.0 journey. Alibaba Cloud also teamed up with UMG Group in Myanmar, to power the country's digital transformation – especially in traditional industries. With BeLive and VisionTech from Singapore, Alibaba Cloud is expanding its regional outreach in the media and Fintech verticals. Alibaba Cloud is collaborating with OnFinality, a leading New Zealand-based blockchain infrastructure provider, to offer robust cloud-computing capability and a strong global network for Web 3.0 developers looking to scale globally. More than 300 Alibaba Cloud customers and partners around the globe are attending the summit, including Accenture, Tiger Brokers, DANA, Thai Data, and Lala station. About Alibaba Cloud Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services. Alibaba maintained its position as the third leading public cloud IaaS service provider globally since 2018, according to IDC. Alibaba is the world's third leading and Asia Pacific's leading IaaS provider by revenue in U.S. dollars since 2018, according to Gartner.

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CLOUD STORAGE

CORRECTING and REPLACING Bank of Queensland Goes Live on Temenos Banking Cloud

Temenos | August 19, 2022

"Temenos announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud for customers served under the BOQ and Virgin Money brands." (instead of "Temenos (SIX: TEMN) today announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud for customers served under the BOQ, Virgin Money and ME Bank brands.". The updated release reads: BOQ Group completes the next phase of its multi-year transformation which will enable it to create outstanding digital experiences and help customers reach their financial goals Temenos announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud for customers served under the BOQ and Virgin Money brands. Work has commenced on the migration of BOQ’s ME brand to Temenos Banking Cloud. Using Temenos cloud-based platform enables BOQ to offer superior customer propositions with personalized offerings at a fraction of the cost of its legacy systems, building a competitive advantage and a low cost-income ratio. Since go live, BOQ has completed over four million transactions on the new platform. The modernization project with Temenos simplifies BOQ’s technology landscape by consolidating 40 systems to a single platform for retail and business banking. As part of the project, BOQ Group will migrate all of its banking operations across three banking brands – leading regional bank BOQ, and challenger banks Virgin Money and ME Bank. BOQ Group is progressively rolling out the Temenos Banking Cloud across the entirety of the retail banking business lines, with business banking and lending to follow. Temenos provides the world’s leading open platform for composable banking, allowing banks and financial institutions to easily assemble, test and extend broad banking capabilities. Temenos Banking Cloud brings the unmatched breadth of Temenos’ front-to-back banking services. The combination of agility, scalability, and extensibility will help BOQ Group to create unique digital offerings, innovate faster, and address changing customer expectations. Rod Finch, Chief Product & Transformation Officer, Bank of Queensland, commented: “We are modernizing our technology from back to front to give us the flexibility and agility of a neobank, while leveraging the scalability and long-term investment of an established institution with 148 years in banking. This will provide our customers with compelling experiences, fast transactions and cutting-edge features. By leveraging the Temenos platform and the benefits of the cloud, we are attracting new customers and driving growth, ultimately improving our competitive advantage.” Erich Gerber, President and Global Head of Field Operations, Temenos, said: “The Australian banking market is going through unprecedented change as regulators look to drive innovation and competition, and banks navigate bringing personal relationships into the digital age. With Temenos Banking Cloud, we are putting banks in control of their business models and innovation cycles, giving them the agility and speed to build great products and profitable business. We’re delighted to have delivered this milestone with Bank of Queensland, and look forward to continuing to build on these successes.” About Temenos Temenos is the world’s leading open platform for composable banking, creating opportunities for over 1.2 billion people around the world every day. We serve over 3000 banks from the largest to challengers and community banks in 150+ countries by helping them build new banking services and state-of-the-art customer experiences. The Temenos open platform helps our top-performing clients achieve return on equity three times the industry average and cost-to-income ratios half the industry average.

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CLOUD STORAGE

Console Connect collaborates with Master Concept to deliver agile cloud networking solutions to businesses across Asia Pacific

Console Connect | August 29, 2022

HKT Console Connect by PCCW Global has today entered into a distribution agreement with Master Concept, an award-winning cloud technology advisor, to deliver agile cloud networking solutions to businesses across the Asia Pacific region. Master Concept provides cloud strategy, implementation and integration support, as well as training and platform enhancements to thousands of businesses across Asia Pacific. By integrating the Console Connect Software Defined Interconnection® platform within its cloud solutions portfolio, Master Concept can deliver further value to major cloud platforms and SaaS providers worldwide with higher levels of network security and performance for its enterprise customers. Through a single management portal, Master Concept can provision a range of cloud connectivity services for its customers, including direct Layer 2 connections to hyper-scale cloud providers, such as AWS, Google Cloud and Microsoft Azure, and Layer 3 mesh connectivity between and among different cloud providers and cloud regions. The platform, which can be integrated via API, is underpinned by PCCW Global's high-performance network, offering comprehensive end-to-end SLAs that make it suitable for accessing mission-critical and latency-sensitive applications and workloads. Mr Michael Glynn, Senior Vice President, Digital Automated Innovation, PCCW Global, said, "Secure and flexible connectivity is fundamental to any cloud transformation project. We are excited to be working alongside Master Concept to enhance their cloud solutions portfolio and make it easier for enterprises to connect to the cloud across Asia Pacific and worldwide." "Through Console Connect, we have been able to quickly bring new cloud connectivity solutions to market and help our enterprise customers get closer to the cloud. We look forward to growing our collaboration further through the new PartnerConnect program." Mr Dennis Wong, Director and Co-founder, Master Concept Mr Derek Chan, Director and Co-founder, Master Concept, said, "We are delighted to be one of the launch partners for Console Connect's new global PartnerConnect program which enables Master Concept to deliver secure and agile cloud capabilities to our enterprise customers." Console Connect's PartnerConnect program is designed to drive revenue growth and customer success through the Console Connect Network-as-a-Service (NaaS) platform. The program helps managed services providers, systems integrators, value added resellers, and application providers extend their service portfolio, and securely connect their customers, clouds, and applications worldwide. Benefits of the PartnerConnect program include: The ability to integrate Console Connect services and applications via API. Private connections over one of the world's largest high-performance networks with assured quality of service and the ability to scale and flex on-demand. Access to tools, technical and commercial support, training, and sales and marketing expertise. About Console Connect Console Connect is a platform for the Software Defined Interconnection® of applications and infrastructures. It allows users to self-provision private, high-performance connections among a global ecosystem of enterprises, networks, clouds, SaaS providers, IoT providers and applications providers. Console Connect is the only digital platform that is underpinned by one of the world's largest private networks and a Tier 1 global IP network that is ranked in the top 10 for IPv4 and IPv6 peering, delivering higher levels of network performance, speed and security to meet the digital needs of today's interconnected users and communities. Accessible from 850+ data centres in 50+ countries worldwide, the platform is integrated with all major hyperscale cloud providers, including AWS, Google Cloud, IBM Cloud, Microsoft Azure, Alibaba Cloud and more. Through the Console Connect portal or via its API, users can access a broad range of native and third party solutions. About Master Concept Founded in 2003, Master Concept provides technology services and cloud advisory to improve the customer experience for the world's leading brands. With more than 120 people serving enterprise clients and thousands of other businesses around the Asia Pacific, our team provides cloud strategy, implementation, and integration support, as well as training and platform enhancements for customers across all industries.

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