Tolaga Research recently unveiled a groundbreaking report that sheds light on the expansive landscape of edge AI within the context of Vapor IO's operational reach across 36 key U.S. markets. This comprehensive analysis represents milestone in the realm of emerging technologies.
According to Tolaga's estimations, by the year 2028, the cumulative value of edge AI within these 36 markets is projected to soar to an impressive $180 billion. This projection underscores the transformative power of edge AI and its growing significance in reshaping industries ranging from healthcare and transportation to telecommunications and manufacturing.
As industries turn to edge AI to enable real-time decision-making, optimize operations and enhance user experiences, the stage is set for a dynamic and highly lucrative future in the world of edge computing.
Therefore, Vapor IO, creators of the Kinetic Grid platform, unveiled the "Monetize the AI Edge" partner initiative, designed to help partners accelerate the availability of real-time AI by delivering bundled AI services via Vapor IO’s shared and neutral host infrastructure.
“Our Monetize the AI Edge program is not just about technology; it's about fostering a long-term, beneficial relationship with our partners to go after the almost $200 billion edge AI market," said Rodney Foreman, CRO, Vapor IO. "Whether you are a GSI, MSP, VAR, agent, or referral partner, our unique ecosystem can accommodate your specific needs.”
Before the introduction of Vapor IO's solution, the deployment of edge AI typically demanded the installation of extensive server and storage arrays on an enterprise's premises. This approach incurred substantial costs and operational complexities. Vapor IO's Kinetic Grid Platform provides partners, including GSIs, MSPs, VARs, agents and referral partners, with the opportunity to offer edge AI services with minimal or no upfront capital investment, eliminating the need for intricate data center management.
And at the present time, Vapor IO is actively developing applications that leverage edge AI for video processing, addressing several compelling use cases.
One such application pertains to public safety, where cameras connected to the Kinetic Grid via fiber optics and wireless technologies employ real-time AI algorithms to identify unusual or potentially hazardous behavior. This technology ensures prompt notification to the relevant authorities. Additionally, Vapor IO's solution extends to video security, enabling the monitoring of both indoor and outdoor cameras within office buildings. These cameras use real-time AI to analyze data stored on the Kinetic Grid, swiftly identifying suspicious activities and automatically initiating appropriate response protocols.
In the realm of retail, businesses are leveraging technology advancements by incorporating cameras and AI for real-time inventory tracking, loss prevention and the analysis of customer behavior. Manufacturing processes also benefit from the adoption of computer vision applications that can detect anomalies and defects in real-time.
“Our Kinetic Grid Platform is the ideal delivery vehicle for AI services,” said Cole Crawford, CEO and founder at Vapor IO. “Our shared-infrastructure model means application providers can deliver new real-time services at significantly lower cost than other alternatives and with a SaaS-like pay-as-you-go business model.”
Edited by
Alex Passett
