It may seem like a difficult time in the startup and early stage company world. If your funding strategy is based on Venture Capital (VC), you have experienced the slowdown in deal making. Recent setbacks with high-profile deals have also driven a more cautionary approach for many. However, in risk capital, the bold and the visionary see the highest returns so the need for VCs will always be to entertain future-focused game changers. With an Edge Computing strategy that fits where the smart money is going, a deal will be easier to close.
In this talk from Andreeson Horowitz General Partner Peter Levine, he discusses “The End of Cloud Computing” with Machine Learning at the Edge as a significant accelerator away from the Cloud. We are also dealing with increasing data privacy and ownership concerns for individuals and companies alike. Blockchain is getting more refined and microtransactions are now possible through protocols like Bitcoin SV with cashless, peer-to-peer payments at scale. Machines can exchange data and the owners get paid. Individuals can own their data at their personal Edge and get paid for releasing it upstream. An integrated, trustless system of Edge and Cloud creates an interconnected mesh that holds endless possibilities for compute power, storage and dynamic interactions.
The days of a technology startup relying on a cloud-only strategy are over. VCs need to see that you are on top of your game and have an Edge Strategy that scales with the future of locally stored and controlled data. Just like the technology stack has changed from a linear and closed environment to a more open architecture, containerized and microservices structure, your Edge and Cloud Strategy has to evolve as well.
At Fortress Data Centers, there is a significant focus on building out the next generation data center that connects the local to the cloud and beyond. We see a time soon when your Mission-Critical Colocation is supported by a 5G Enabled, hyperlocal server environment that pulls and pushes data with the ultimate benefit for the end user. Schools will be interconnected to the students for at-home, classroom type experiences using mixed reality. Hospitals will provide homecare at levels that are close to those experienced in a physical facility. Gaming that becomes more lifelike as new virtual reality systems are setup including full body haptics integration.
The Cloud has progressed and can handle much of the needs of a startup. But for the Future, the Edge is critical as your audience will demand that they control their data locally. And Venture Capitalists will recognize the leaders who are bringing their solutions into an Edge world.
Contact Fortress Data Centers at info@fortressdc.com or call 1-800-940-0997 to learn more about setting up an Edge Strategy and lead into the future.