Edge computing allows for the collection of data from devices and aims to capitalize on the vast amount of latent data created by these devices. With edge computing, you can uncover new business opportunities, increase operational efficiency, and provide faster, more reliable, and consistent experiences for your customers. With edge computing models, you can also accelerate performance by analyzing data locally while maintaining privacy.
Edge computing is being driven by various industries to generate faster insights. One way it can be implemented, specifically with banking, is through massively decentralized computing architecture. CIOs of every industry are adopting edge computing for particular use cases to deliver personalized customer experiences, generate faster insights and actions, and maintain their operations.