Edge computing’s future looks bright. By 2020, 82.5 million internet of things (IoT) devices are expected to make it to market, up from 28.3 million in 2016. And by 2021, the combined markets of IoT could pass $520 billion, both on the consumer side (e.g., smart home) and in the enterprise (connected machinery).
Berlin, Germany-based is counting on it. The four-year-old startup — the brainchild of former Max Planck Institute of Quantum Mechanics researcher Daniel Richart and physicist Markus Kopf — supplies edge processing software that allows apps and algorithms to operate at higher efficiencies than they would normally. In fact, the cofounders claim their embedded solution for automotive electronics and IoT scenarios enables 10 times the telematics, 3D point cloud, and video data extraction