Country for PR: United States
Contributor: PR Newswire New York
Friday, January 29 2021 - 06:50
AsiaNet
Global Business Leaders Rate Latency Higher Priority Than Speed
DENVER, Jan. 29, 2021 /PRNewswire-AsiaNet/ --

-- New Findings Reveal 9 of 10 Executives Believe Business Success Depends Upon 
Low Latency

Enterprises around the world are being confronted by a basic law of 
physics--distance neutralizes speed, causing latency or a delay between an 
action and an application's response. Controlling latency has never been more 
important, whether data flows to a distributed workforce or a multitude of 
smart gadgets that make up the Internet of Things. Low latency is critical to 
help ensure smooth transport of data and for optimizing application 
experiences. Increasingly business executives are turning to solutions that 
move technology resources closer to where data is produced and consumed. A new 
global survey conducted by analyst firm IDC and sponsored by Lumen Technologies 
( 
https://c212.net/c/link/?t=0&l=en&o=3046850-1&h=785905378&u=https%3A%2F%2Fwww.lumen.com%2F&a=Lumen+Technologies 
) (NYSE: LUMN) and Intel Corporation ( 
https://c212.net/c/link/?t=0&l=en&o=3046850-1&h=287575075&u=https%3A%2F%2Fwww.intel.com%2Fcontent%2Fwww%2Fus%2Fen%2Fhomepage.html&a=Intel+Corporation 
) indicated two-thirds of global IT leaders are in the process of implementing 
edge computing solutions. 

Experience the interactive Multichannel News Release here: 
https://www.multivu.com/players/English/8524357-idc-edge-computing-solutions-survey/ 


To view the IDC InfoBrief, "Edge Computing Solutions Powering the Fourth 
Industrial Revolution," Doc. #US47222020, January 2021, visit: 
https://pages.lumentech.com/IDC-Research-for-Edge-Report-LP.html.

Ninety percent of business leaders who participated in the survey specified 
they needed low latency of 10ms or less to ensure the success of their 
applications. Seventy-five percent said they require 5ms or less for edge 
initiatives.

"C-suite leaders across verticals are looking to edge computing solutions to 
achieve significant operational efficiencies and improved security and 
compliance by limiting movement of data," said Ghassan Abdo, research vice 
president, WW telecom, virtualization & CDN at IDC. "They also want to deliver 
better customer experiences. All of these priorities can be addressed through 
edge computing solutions."

Edge solutions can help with latency issues inherent in centralized computing 
scenarios like the cloud by distributing resources closer to where data is 
generated and consumed. Latency can be significantly reduced when data can 
travel shorter distances. Forty percent of organizations surveyed plan to 
invest in new edge solutions in less than a year in part to help achieve 
real-time data consumption and analysis.

"It is clear that reducing the distance critical data must travel is seen as 
imperative to fueling growth and innovation for enterprises," said Abdo.

Nearly 75% of executives consider edge computing a strategic investment, in 
part because the cost of bandwidth and a centralized infrastructure is seen as 
prohibitive. Fifty-four percent were comfortable turning to a technology 
service provider to deliver edge solutions.  

When considering new edge solutions, 73% of respondents noted they preferred a 
flexible managed service model with subscription-based services. This 
preference aligns with the popularity of consumption-based models across all 
industries, both business to business and business to consumer. 

Survey Details:

    -- Survey respondents include 800 IT and operational technology 
       decision makers (director level or above) split equally across seven 
       industries including energy, logistics, government/public sector, 
       healthcare, retail, manufacturing, and retail banking. 
    -- Participants worked in countries including the United States, India, 
       United Kingdom, Canada, Australia, and Singapore. 
    -- Roughly 30% of respondents were from organizations with more than 
       10,000 employees, and 70% were from organizations between 1,000 to 
       10,000 employees.  

Additional Resources:

    -- For more information on how Lumen is supporting edge computing, 
       visit: https://www.lumen.com/en-us/solutions/edge-computing.html 
    -- To learn more about Intel edge technology and solutions, visit: 
       https://www.intel.com/content/www/us/en/edge-computing/overview.html

About Lumen Technologies:
Lumen is guided by our belief that humanity is at its best when technology 
advances the way we live and work. With approximately 450,000 route fiber miles 
and serving customers in more than 60 countries, we deliver the fastest, most 
secure platform for applications and data to help businesses, government and 
communities deliver amazing experiences. Learn more about the Lumen network, 
edge cloud, security, communication and collaboration solutions and our purpose 
to further human progress through technology at news.lumen.com/home, LinkedIn: 
/lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, 
Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen 
Technologies are registered trademarks of Lumen Technologies LLC in the United 
States. Lumen Technologies LLC is a wholly owned affiliate of CenturyLink Inc. 

Logo - https://mma.prnewswire.com/media/1387693/Lumen_Logo.jpg 

SOURCE  Lumen Technologies

CONTACT: Courtney Morton, Lumen Technologies, +1-801-238-0228, 
courtney.morton@lumen.com

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