January 4, 2018
Just the Facts: Insights of Fog for 2018
A survey of fog trends by members of the OpenFog Consortium. This blog is an excerpt from the original content written for Embedded Computing Design.
As we usher in 2018, one thing is certain: there will be a whole new set of predictions on what technologies will be hot in the coming year.
Some of the early bets are in, and many of them mention fog. Business Matters cites fog computing as one of the top 5 innovation trends for 2018. Forbes Contributor Joe Kendrick came out with just one prediction for 2018: that cloud would morph into fog. And SDX Central listed OpenFog’s work as one to watch for creating standards in multi-access edge computing.
At OpenFog, we’re not in the business of predicting the future. Our mission is to build it. By creating an open, interoperable and secure fog computing architecture, we are establishing the requirements for standards that will power digital innovation.
But rather than sit out on the crystal ball fun, we thought we’d share some facts about fog from the experts: Our members. In December, we polled our global membership – global technology leaders, innovative startups, leading academic researchers – and asked them a few questions about fog. While this information has inherent biases – after all, they are the pioneers of fog computing – we uncovered some interesting insights that may be a bellwether for the year ahead. Here’s what we found.
- CEOs are aware of fog computing initiatives within their organization – and are continuing to invest in fog. Over 40% of our members who took the survey indicated they have a higher budget for fog computing over 2017; a mere 5% of responders indicated a smaller budget this year. Fog investments in research are also up, with nearly 75% of responders anticipating more research grant funding
- Organizationally, fog is most often seated in R&D, followed by New Ventures.
- IoT is the top application area for fog technology by a wide margin (70%), followed by industry-specific applications and 5G.
- Customers for fog solutions are most interested in fog to help solve latency and network bandwidth Security topped the list of concerns.
- And finally, we asked our members to name the top two industries that will adopt fog. Manufacturing, smart cities and transportation headed that list, followed by energy, healthcare and smart homes.
We’ll revisit these findings at a future date to learn more about the outcomes from their organizational support and spend on fog.
In the meantime, for a more rigorous assessment of the future of fog, we invite you to download the 451 Research report on the Size and Impact of Fog Computing Market.
Regardless of predictions ahead, there is one certainty: that we will continue to enable innovation and industry advancements through rigorous requirements for fog computing. Come join us in our efforts to make history in the years ahead.
You can view the full survey results here.
This blog was written by Lynne Canavan, Vice President of Marketing for the OpenFog Consortium.