Global Business Leaders Rate Latency Higher Priority Than Speed

Lumen Technologies

PR87782

 

DENVER, Jan. 29, 2021 /PRNewswire=KYODO JBN/ --

 

-- 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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