Edge Computing brings computing resources closer to the source of data generation, reducing latency and improving response times. By processing and analysing data locally on edge devices such as IoT Devices or Edge Servers, businesses can handle real-time applications and achieve faster data insights. Edge Computing is especially valuable for AI applications that require low-latency and efficient use of network bandwidth.
Forecasting involves predicting future outcomes or trends based on historical data and patterns. By analysing past data and applying statistical techniques, businesses can make…