Ask the experts: Edge computing

Dennis Lauwers, IBM distinguished engineer for hybrid cloud EMEA, explains what edge computing is and how it can be of use to financial services
by Bethan Rees

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What is edge computing and how does it work?Edge computing refers to capturing, storing, processing and analysing data where it is generated, instead of in a central location. This significantly reduces what we call ‘latency’ – the delay caused by sending data to and from a distant location to be processed. In turn, this can deliver strong business benefits, including faster insights, improved response times and better bandwidth availability.
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Published: 25 May 2021
Categories:
  • Risk
  • Fintech
  • Operations
Tags:
  • featured
  • technology
  • mobile banking
  • financial inclusion
  • edge computing
  • Banking
  • 5G

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