In this article, Dan Hays, principal at PwC’s strategy consultancy division Strategy&, discusses how the Industry 4.0 ecosystem might impose some kind of industrial order on the new digital chaos at the critical edge. He explains how edge computing can increase the responsiveness of decision-making systems to the data that is feeding them and lower the cost of sending data and decisions back and forth between the cloud and the locations that it serves. He also explains how edge computing can be used for applications that require real-time data, such as manufacturing and operational control systems, security systems, traffic/congestion management, and healthcare monitoring systems.
