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Ola Brising

Lead Editor at IoE Corp
Published - 01/26/2023|Reading time - 5 min 0 sec

The cost of using the cloud for IoT is already a major concern for many companies. When transferring into IoE, the need and urge to lower costs get more intrusive daily, but IoE Corp has a secure solution to the problem.

The Internet of Things (IoT) has revolutionized how we interact with technology, allowing us to connect and control a wide range of devices remotely through the cloud. However, as more and more companies begin to adopt IoT technology, the cost of using the cloud for IoT is becoming a significant concern for many of them.

Untenable high cloud costs

One of the main reasons that the cloud is not cost-effective for IoT is the cost of data transfer. IoT devices generate a large amount of data, which needs to be transmitted to the cloud for processing and storage. This data transfer can be costly, especially for companies with a large number of devices.

There is also the cost of storage. IoT devices generate a large amount of data, and storing this data in the cloud can be extremely expensive. Additionally, many companies may not want to store sensitive data in the cloud, as it can be vulnerable to security breaches.

Add the cost of security to this. IoT devices are vulnerable to cyberattacks, and protecting them can be costly. When storing information in the cloud, hackers are provided with one central point to attack, which can easily be reached from anywhere on the globe as long as you have a good connection to the World Wide Web. Companies, therefore, need to invest in security measures such as encryption, firewalls, and intrusion detection systems to protect their data and devices in the cloud.

In conclusion, while the cloud has many advantages for IoT, data transfer, storage, maintenance, and security costs can make it an extremely expensive option. Because of these issues, many businesses are exploring alternative solutions such as edge computing, which allows for data processing and storage to occur decentralized and closer to the devices, reducing the need for costly data transfer and storage.

The benefits of edge computing

One main benefit of edge computing for IoT is improved performance. By processing data on devices or at the network's edge, edge computing can reduce the latency and delays associated with transmitting data to the cloud for processing. This allows for faster and more responsive IoT systems, making them more suitable for real-time applications such as autonomous vehicles and industrial automation.

At the same time, it's cost-effective. By processing data on devices or at the edge of the network, edge computing reduces the need for costly data transfer and storage in the cloud. Additionally, edge computing can reduce the cost of maintaining and updating the cloud infrastructure, allowing for more localized and efficient software updates.

Edge computing also offers enhanced security for IoT. By processing data on devices or at the network's edge, edge computing reduces the attack surface and potential points of failure in the system. This makes it more difficult for hackers to access and compromise sensitive data, reducing the risk of cyberattacks.

Finally, edge computing enables more efficient use of resources since the data is being processed and analyzed at the device level, where data gets generated rather than sent to a data center or cloud, leading to fewer data transfer and storage costs. It allows for more cost-effective and sustainable IoT solutions.

With edge computing, companies can build efficient, responsive, and secure IoT systems that meet the demands of today's fast-paced business environment. As the IoT market continues to grow, edge computing will play a significant role in shaping the future of this technology.

Go IoE with IoE Corp

The next step in the evolution of IoT is the Internet of Everything (IoE). The term describes the integration of various technologies, including the Internet of Things (IoT), artificial intelligence (AI), and edge computing, to connect and control a wide range of devices and systems.

To optimize IoE, R&D company IoE Corp has developed the platform Eden (v1.0), which lies on the internet but is not connected to the HTTPS protocol or the World Wide Web (WWW). It is a cutting-edge technology that provides a comprehensive platform for IoE. It is designed to simplify and streamline the building and managing of IoE systems.

One of the key features of Eden 1.0 is its ability to provide end-to-end management of IoE systems. This includes everything from device management and connectivity to data processing and analytics. The solution also includes a user-friendly dashboard that allows easy monitoring and control of all connected devices and systems, making it simple for companies to manage their IoE systems.

An essential aspect of Eden is its ability to provide real-time data processing and analytics. With the help of edge computing, data is processed and analyzed on the device level, allowing for faster and more accurate insights. This is especially important for applications that require real-time decision-making.

Eden 1.0 offers enhanced security for IoE systems. It includes various security features, such as encryption via blockchains and firewalls, to protect against cyberattacks. It also provides secure access control, so only authorized users can access and control the devices and systems connected to the network. It is a walled garden, not connected to the WWW.

Eden is highly scalable and customizable, which is essential for companies that want to take advantage of the benefits of IoE but have different needs and types of devices. With the help of Eden 1.0, companies can quickly scale their IoE systems to meet their specific requirements and continue to grow as their needs evolve.

To sum it up, the IoE Corps Eden solution simplifies and streamlines the process of building and managing IoE systems. With its end-to-end management, real-time data processing, enhanced security, and scalability, Eden 1.0 makes it easier for companies to take advantage of the benefits of IoE technology and stay competitive in today's fast-paced business environment. This is simultaneously embracing a genuinely sustainable and cost-effective solution for IoT and IoE.

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