David Linthicum predicted six years ago that edge computing would create a significant growth opportunity for cloud computing giants, despite popular opinion that it would displace centralized clouds. Edge computing is turning out to be more of an adjunct to cloud services than an alternative, creating a big opportunity for infrastructure-as-a-service providers such as Amazon Web Services Inc., Microsoft Corp.’s Azure and Google Cloud Platform. International Data Corp. estimates that spending on AI-related software and infrastructure reached $450 billion in 2022 and is expected to grow between 15% and 20% annually. Cloud providers have captured more than 47% of all AI software purchases in 2021, up from 39% in 2019.
