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Home Industry Agriculture

Predictions 2023: economic uncertainty and climate shifts will shape edge, IoT, and networking

Michele Pelino by Michele Pelino
November 14, 2022
Photo by Sotiris Gkolias: https://www.pexels.com/photo/photo-of-ipad-on-pile-of-lemons-927805/

Photo by Sotiris Gkolias: https://www.pexels.com/photo/photo-of-ipad-on-pile-of-lemons-927805/

Market forces, including dynamic work environments, evolving device requirements, and economic uncertainty, are driving requirements to support new ways of working, doing business, growing food, and enabling IoT-enabled connected devices.

Our 2023 predictions for edge computing, IoT, and networking take into account these market forces and highlight their impact on the technology triad, as well as how edge, IoT, and networking can address dynamic market opportunities.

Below is a look at three of the bold calls we’re making for edge, IoT, and networking in 2023:

Big city IoT and infrastructure initiatives to lure back citizens and workers will fall flat. In 2023, government funds, including the $89.9 billion Infrastructure Investment and Jobs Act in the US, will power smart lighting, traffic management, and energy monitoring investments in cities.

5G and Wi-Fi deployments will extend connectivity to visitors, residents, and anywhere workers. However, these investments won’t lure citizens back to big cities like Chicago, Los Angeles, and New York in 2023 due to increased crime rates and public safety concerns.

City leaders must focus on improving safety while addressing public disapproval of surveillance and public safety methods.

Smarter farming will take off in response to extreme weather and war. Before Russia invaded Ukraine, China and Russia accounted for over a quarter of global wheat exports. As global tensions rise, and weather events become more extreme, edge- and IoT-enabled food production will finally achieve meaningful scale in 2023.

One vertical farm in Dubai produces over 1 million intensely monitored kilograms of leafy vegetables each year, without pesticides and using up to 95% less water than traditional methods. In the vast mechanized farmlands around the globe, ground, air, and space-borne sensors combine with edge processing and analytics to reduce water consumption and direct environmentally damaging chemicals to specific plants.

Rising business-wide networks, confidential computing, and Zero Trust edge (ZTE) will ignite the edge. To help protect data in IoT scenarios, confidential computing isolates sensitive operations in a trusted execution environment during processing. IoT data remains protected when in use, so it’s easier to meet strict regulations for data privacy and to introduce new use cases.

To support the transfer of data between edge and cloud while appearing seamless to the developer, two networking markets, ZTE and multi-cloud networking, will combine to create a business-wide networking fabric. Multicloud overlay solutions, such as Aviatrix and F5 Volterra, enable a single multi-cloud network platform.

Related:  The value proposition of edge computing in 2024
Tags: 2023 predictionsForrestersmarter farmingzero trust edge
Michele Pelino

Michele Pelino

Michele Pelino leads Forrester’s edge computing and IoT research across platforms, services, applications, and vendors. Her expertise spans major verticals (across retail, healthcare, manufacturing, transportation, and logistics) and major use cases via her famed IoT heatmaps and evaluating the four edges that define the market. Pelino’s broader expertise focuses on smart buildings, smart cities, and 5G networks. Michele delivers strategic guidance to Forrester's enterprise and vendor clients by identifying IoT platforms, services, applications, and solutions and determining the impact of IoT and edge solutions on infrastructure, operations, employee experience, sustainability, and supply chain processes. She also focuses on strategic issues facing enterprise stakeholders and the telecom industry, gauging the effect of new competitors, new business models, and new technologies. During her tenure at Forrester, she has advised leading Fortune 100 and Fortune 500 companies on their edge/IoT strategies and has been frequently cited in major news outlets including The Washington Post, Tech Target, Reuters, CIO Dive, and Computer Weekly. Previous Work Experience Pelino has more than 20 years of professional experience focusing on IoT solutions, enterprise mobility, and the telecommunications industry. She assisted domestic and international service providers in addressing strategic issues, conducting competitive assessments, evaluating product concepts, and developing marketing positioning messages on new technologies and services. Prior to joining Forrester, she was a management consultant serving national and international communications and technology clients in North America and Europe. Pelino started her consulting career in Booz Allen & Hamilton's telecommunications group, where she helped telecom companies implement a federally mandated wireline and wireless service prioritization system used during national emergencies. Education Pelino has an MBA from Boston University. She also holds a BA from St. Mary's College of Maryland.

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