Today, HP is announcing the compatibility of IBM Edge Application Manager for managing Edge deployments powered by HP Engage Edge. In Aug 2020, HP announced HP Engage Edge, the world’s first retail product powered by the EdgeX framework*. The product is designed to help Retailers and ISVs accelerate the deployment of their on-premise, sensor-based solutions developed to improve the business metrics of their Retail and Hospitality customers. With IBM’s Edge Application Manager powered by the open source Open Horizon project, the solution becomes even more versatile with the autonomous deployment of container-based apps and analytics for targeted use cases.
The Retail Transformation
In the past few years, the retail market has gone through a major transformation powered by technology. Like any modern business, collecting and acting on relevant data in real time is critical to effective decision making for business owners. Many Retail & Hospitality businesses have been deploying sensor-based solutions to solve key business and operational challenges including inventory management, workforce optimization, theft detection and promotion effectiveness. The current global pandemic has only accelerated these investments significantly. According to The State of Edge 2020: A Market and Ecosystem Report for Edge Computing report from the Linux Foundation, over 20% of retail establishments by the top 100 retailers will have implemented digital services that require edge capabilities. According to the same report, the global Infrastructure Edge CAPEX for retail is forecast to reach $6.5 billion by 2028. According to the Gartner report, Exploring the Edge: 12 Frontiers of Edge Computing, by the end of 2023, more than 50% of large enterprises will deploy at least six edge computing use cases deployed for IoT immersive experiences, versus less than 1% in 2019.