Mobile edge computing is generally referred to computing at the network edge that holds similarity with distributed clouds with proximity to customers for delivering ultra-low latency, scalability and reliability.Mobile edge computing holds immense potential to support the 5G technology owing to its ability to dramatically reduce latency for enhanced service delivery. Edge computing could drive tech stocks higher Investors bullish on tech but not necessarily au fait with all the latest terms may have overlooked edge computing. That scale and trust has earned Akamai 220 of the world's leading OTT broadcasting companies as customers, as well as 24 of the 25 most popular video game publishers. But that's not exactly an edge computing situation, and it's not why I chose Limelight today. Here are 10 platforms that are helping businesses collect, secure, and process the explosion of data being generated at the edge … Edge computing technology implies to … Mobile edge computing, also popular as multi-access edge computing, represents an advanced edge computing option intended to bring cloud storage and computing closer to the network edge for sophisticated capabilities. GLOBAL MARKET PERSPECTIVEIII. Expected to grow well into the double-digit percentages in the next decade, global spending on edge computing is creating new investment opportunities. Last quarter, Akamai grew revenue 12.7% to $795 million, while operating income surged an even more impressive 40.2% to $190 million. What are the Best Edge Computing Platforms of 2020? While some may think size could limit returns, the move to 5G and fast, secure communications due to the pandemic should provide enough of a tailwind for the entire CDN and cybersecurity industries. DUBLIN, Dec. 23, 2020 /PRNewswire/ - The "Mobile Edge Computing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Per an IDC report, edge computing market, worldwide, is forecast to reach $250.6 billion by 2024 at a CAGR of 12.5% between 2019 and 2024. Here are 10 edge computing vendors to watch. Edge computing leverages data, but it also requires tools like micro data centers, analytics platforms, smart routers, gateways, and more. Virtualization & programmability of networks and services is a key benefit of MEC enabling MNOs to allow customers carry out compute & storage intensive operations directly on the cloud & save mobile battery power.5G networks will revolve around virtualization and programmability of networks and services.The intriguing benefits of MEC for 5G is prompting companies in this space to announce new specifications associated with the technology. The technology combines telecommunication networking and IT to help cellular operators in opening radio access networks (RANs) for authorization of third parties such as content providers and application developers. This article is a part of InvestorPlace.com's Best ETFs for 2020 contest. Canada-based mimik technology specializes in … ADVERTISEMENT International Business Machines Corporation (IBM Quick QuoteIBM – Free Report) and mimik technology, Inc are teaming up to develop Artificial Intelligence (AI)-powered workflow solutions to boost automation and digital transformation across various verticals like retail, manufacturing Internet of Things (IoT) and healthcare. He is also the founder and president of Concinnus Financial, a Registered Investment Advisor based in Spokane, WA. Stock Advisor launched in February of 2002. The experience management associated with MEC includes intent-based APIs for functional exposure of workload and edge discovery with possible expansion for including MEC capabilities and functions enabled by network intelligence. Nicholas Rossolillo (Verizon): Over the years, the lines between wireless phone and internet services have been blurred, and new 5G networks are on pace to continue that trend. The company employs hundreds of edge routers to accomplish this task. Last quarter, customers trusted Akamai to provide over 100 terabits per second across 135 countries, powered by over 300,000 servers in over 4,000 locations, with nearly 1,500 network partners all around the world -- leaps and bounds ahead of competitors. CRN breaks down the 20 companies leading the edge computing innovation charge in 2020. There’ll be lots of stocks that 10X or better as edge computing flourishes. Billy Duberstein (Akamai Technologies): To play edge computing, I'm pitching the largest content delivery network out there in Akamai Technologies. The service is expected to help applications in leveraging latest information from WLAN access networks.Key Topics Covered:I. Edge computing is a new and improved version of network architecture that breaks the boundaries of traditional cloud computing.Edge computing solution surpasses the benefits of conventional cloud computing as it processes data locally. America's largest wireless provider, Verizon, recently launched its version of nationwide 5G -- behind nationwide deployments at T-Mobile and AT&T -- and expanded its millimeter-wave 5G (billed as a broadband internet competitor) to parts of 55 cities. And as technology improves, 5G backed up with edge computing could help with the development of autonomous vehicles, robotics, and other AI applications. As of Dec 15, 2020, the stock price has reached $379.9 apiece, which indicates a change of 139.68 percent making the company rank among the top performing stocks of the Cloud Computing for the year 2020 till date. Mobile Edge Computing to Reach $2.7 Billion The global market for Mobile Edge Computing is expected to reach US$2.7 billion by the year 2027, trailing a … The 5G Future Forum is looking forward to offer specifications related to MEC Experience Management along with MEC Deployment. The stock is up 110% YTD. EXECUTIVE SUMMARY1. Know about Edge Computing Definition and Example, Edge Computing Meaning, Stock Market Terms, Related Terms Means. What's this talk of 5G to edge computing? It has also recently partnered with private edge computing companies to continue to expand its services. 3 Edge Computing Stocks to Buy Right Now A new branch of cloud computing is picking up steam. Made In NYC | Per an IDC report, edge computing market, worldwide, is forecast to reach $250.6 billion by 2024 at a CAGR of 12.5% between 2019 and 2024. Put simply, edge computing brings data out of a centralized cloud to a more localized data center, speeding up the time it takes a user to receive requested information (like when a web link is clicked) and reducing the amount of data traveling across the internet's infrastructure. MARKET ANALYSIS, For more information about this report visit https://www.researchandmarkets.com/r/wqwius. "If you go by the numbers that the analysts are providing, it is many times larger than the market for CDN. Got $3,000? The execution and processing of applications closer to cellular network lead to network de-congestion, reduced latency, better user experience and enhanced performance. First, Limelight's bread-and-butter CDN services play an important role in delivering digital media and large downloads in a hurry, on a global scale. MEC is likely to bring standard processes handling content storage and online computations on remote servers closer by allowing their integration into local base stations. This little-known company quietly went public a few months back. Google Cloud rolled out Anthos for Telecom solution in … Meanwhile, Akamai trades for a rather undemanding 20 times 2021 earnings estimates, making it a much better value than Fastly and other would-be upstarts. Market data powered by FactSet and Web Financial Group. Make edge computing a key investment for 2020. Even on its leading 4G LTE network, Verizon is powering connected fleet services, industrial equipment, smart home devices, and city services like traffic lights and cameras. The stock has doubled over the last year as the company helped several streaming video services spread their wings during the era of pandemic lockdowns -- a perfect storm that will give Limelight more assets and operating freedom to explore high-octane growth ideas like the edge computing project. Edge computing technology implies to … Mobile edge computing allows faster and more flexible deployment of various services and applications for customers. Mobile Edge Computing to Reach $2.7 Billion. For now, it’s still “early days” for edge computing. Edge computing is going to see more and more demand as the world continues its digital transformation. Akamai benefited especially from a surge in media and carrier customer traffic, which surged 19% as people were glued to social media and streaming TV through the pandemic-plagued second quarter. The origin of mobile edge computing architecture can be attributed to the European Telecommunications Standards Institute (ETSI) initiative that places edge nodes on mobile and fixed networks. While a wireless signal enabling communications and web services is the end product for you and me, Verizon and its peers have been hard at work building out infrastructure behind the scenes to make ultra-fast wireless signal available. Edge Computing is the Future, and Cloudflare Has the Edge August 13, 2020 Cloudflare (NET) gives companies a perfect combination of fast load time and cybersecurity all from one company. Commerce Policy | INTRODUCTION, METHODOLOGY & REPORT SCOPEII. And the hottest name in all of tech lately, not just the edge… The ETSI is set to specify a new MEC service for Wireless LAN Information. The approach shifts and spreads cloud computing load by bringing the data closer to end devices to de-congest mobile networks. On the other hand, MEC Deployment focuses on the technical roadmap that would assist service providers in deploying and integrating global MEC physical frameworks, such as facilities, security, monitoring and operational aspects. An even higher-growth segment for Akamai was its cloud security solutions, which surged 27% to $259 million. The stock of HubSpot ended the previous year at a price of $158.5 per share. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Akamai is also an emerging leader in cloud security solutions, a fast-growing segment that will become all the more important as computing gets pushed to the edge of distributed networks. 5G & MEC duo will play a key a role in enabling low latency, high bandwidth application services with the ability to connect trillions of devices. Beyond the cell towers themselves, new fiber optic lines need to be run and localized data centers to handle web traffic need to be built. Cumulative Growth of a $10,000 Investment in Stock Advisor, Got $3,000? Edge computing is a new addition to Limelight's product portfolio and it is not making any meaningful contributions to the company's top or bottom lines yet. He enjoys the outdoors up and down the West Coast with his wife and their Humane Society-rescued dog. 3 Edge Computing Stocks to Buy Right Now @themotleyfool #stocks $VZ $AKAM $LLNW $TMUS $T $FSLY, Nicholas Rossolillo, Anders Bylund, and Billy Duberstein, helped several streaming video services spread their wings, How Limelight Networks Stock Rose 25.5% in November, Verizon Declares Fresh Dividend; Yield Is 4.1%, Forget AT&T, Verizon Communications Is a Better Dividend Stock, Copyright, Trademark and Patent Information. The Time is Now Ripe for Edge Computing to Transform Telecommunications. As edge computing has emerged out as a new approach to network architecture that eliminates the drawbacks of traditional cloud computing, certain reports have predicted its evident growth in the coming years. Per data by Grand View Research, the global edge computing space is expected to hit $43.4 billion by 2027 at a CAGR of 37.4%. 5 Stocks That Could Benefit From the Edge Computing Revolution The cloud is moving much closer to you, and the trend could deliver major profits … CEO Bob Lento sees an addressable edge computing market that's much larger than the CDN space. Anders Bylund (Limelight Networks): This content delivery network (CDN) operator may not be the first name that springs to mind when you're exploring the edge computing space, but Limelight Networks is stealing a march on the competition in this market. In this article we list the top 10 cloud computing stocks to buy according to hedge funds. And while the 5G race is still in its nascency, Verizon is spending gobs of cash to make the new network edge capabilities possible -- an expected $17.5 billion to $18.5 billion this year alone. Tue, December 22, 2020; Tue 22Dec, 20; Australia Edition . Globally, the Edge Computing Market will grow at a CAGR of 37.5% during the forecast period, with a base value of $4.04 billion in 2020, to $26.62 billion in 2026. Nicholas has been a writer for the Motley Fool since 2015, covering companies primarily in the consumer goods and technology sectors. The concept allows processing in central offices, bases stations and other key aggregation points on a network. Simply put, … How much of that is addressable with our customer base remains to be seen," Lento said in July's second-quarter earnings call. Even with heavy spending to improve its ability to efficiently move data, this is a profitable company that has generated over $21 billion in free cash flow (revenue less cash operating and capital expenditures) over the last year. With over a decade of rapid cloud expansion, the next wave of data center-powered computing is now under way: edge computing. The “purest” one is Fastly (FSLY) . As the Internet of Things (IoT) continues to grow, edge computing is becoming more important to enterprises in a variety of industries.. MARKET OVERVIEW, 4. When you compare edge computing vs. cloud computing, you’ll see that the two are quite different. The access to cloud services and resources also allows emergence of new applications to support smart environments. Management highlighted that Akamai had defended a major bank and a major internet service provider from "two of the largest attacks ever seen.". Three stocks worth a buy right now are Verizon Communications (NYSE:VZ), Limelight Networks (NASDAQ:LLNW), and Akamai Technologies (NASDAQ:AKAM). There aren’t many publicly traded edge computing stocks, yet. Dalia is the Edge Computing Practice Lead at STL Partners and has led major consulting projects with Tier-1 operators in Europe and Asia Pacific on edge computing strategies, use cases and commercial models. In my advisory IPO Insider, I recently recommended my top edge computing stock for 2020 and beyond. Stock quotes by finanzen.net. Yet despite its large size, Akamai is still posting solid growth and margin expansion. Moreover, here are some significant predictions for 2020 by Forrester in edge computing space. All rights reserved. Nicholas Rossolillo, ... Returns as of 12/22/2020. Disclaimer | As demand for cloud computing continues to rise with the explosion of smartphones, artificial intelligence and always-connected devices, leading cloud stocks … Cloud computing involves transmitting data over a network to a centralized server for processing, while edge computing is the practice of doing that … There aren’t many publicly traded edge computing stocks, yet. ... while the stock is still ~7% below the 2020 highs. There aren’t many publicly traded edge computing stocks. We're looking at Limelight's long-term growth engine here, hidden under a more visible layer of successful CDN operations. The year 2019 is coming to an end, and here, we do a review of the best performing cloud stocks of 2019 and the most promising for 2020. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The global market for Mobile Edge Computing is expected to reach US$2.7 billion by the year 2027, trailing a post COVID-19 CAGR of 30.8% over the analysis period2020 through 2027. And with shares trading for just 11 times trailing-12-month free cash flow and paying a 4.3% dividend yield, I think this is a decent place to start building an edge computing investment portfolio. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). 76.4% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our, Alibaba falls 7% in premarket trading after Chinese regulators open antitrust investigation into the company », Cancellation policies for the 4 major airlines show it’s almost impossible for customers to just get their money back », Impact of Covid-19 and a Looming Global Recession, An Introduction to Mobile Edge Computing: Bringing Storage & Computing Closer to Edge of Network, Organizations Influencing Mobile Edge Computing Industry, Mobile Edge Computing Holds Compelling Merits and Supports New Applications, Mobile Edge Computing Emerges as Key Technology to Reduce Network Congestion, Network Benefits and Performance Gains Enable Mobile Edge Computing Market to Post Healthy Growth, Key Issues Related to Mobile Edge Computing, IT & Telecom: The Largest Vertical Market, Transformation of the Telecom Industry with MEC, Rise in IoT Ecosystem, the Cornerstone for Future Growth, Rising Demand for High-Performance Mobile Applications Bodes Well for MEC in Telecommunication Sector, Accelerating Pace of Connected Care Adoption Drives Opportunities for Mobile Edge Computing, Mobile Edge Computing to Gain Traction in BFSI, Mobile Edge Computing Presents Landmark Technology for Media & Entertainment, Low Latency & High Bandwidth Needs Create Ample Demand, Edge-Powered Computing Offers Intriguing Advantages for Location-Based Applications, Opportunities in Video Surveillance Ecosystem, Reliable Data Analytics with Mobile Edge Computing, Mobile Edge Computing Marks Paradigm Shift for Mobile Cloud Computing. You see, the company is making a significant investment in arming its edge routers with local computing horsepower, getting a foot in the door of the nascent edge computing market. Edge computing allows for lower latency rates and the ability to handle much more data than traditional cloud-based technologies. The 2020 Edge Computing 100 list will be featured in a special December 2020 issue of CRN and online at ... Stocks, Currencies, Market Data, Research, Weather and other data. 1. Granted, Verizon is no growth stock. Amazon Web Services Inc.'s Wavelength edge computing service today launched in South Korea on SK Telecom Co. Ltd.'s 5G network, its first deployment in Asia.Wavelength, first rolled out in … Edge Computing; Edge Computing . As an edge computing services provider, Fastly (NYSE: FSLY) has dramatically seen its profile rise in 2020. The global market for Mobile Edge Computing is expected to reach US$2.7 billion by the year 2027, trailing a post COVID-19 CAGR of 30.8% over the analysis period 2020 through 2027. The 10 Coolest New Edge Computing Platforms Of 2020. Buying the right edge computing stocks today could be like buying Salesforce in 2004 ahead of its 4,000%+ gain. Verizon CEO points to two paths to new revenues from 5G mobile edge computing Dec. 08, 2020 3:02 PM ET Verizon Communications Inc. (VZ) By: Jason Aycock , … Research and Markets Laura Wood, Senior Manager press@researchandmarkets.comFor E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716, View original content:https://www.prnewswire.com/news-releases/global-mobile-edge-computing-market-report-2020-2027---accelerating-pace-of-connected-care-adoption-drives-opportunities-301198044.html, Plus500. 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