Vapor IO’s Edge AI Revolutionizes Industries, Projected to Reach $180B by 2028
Edge AI technology is set to revolutionize various industries, according to a recent report unveiled by Tolaga Research. The report focuses on the role of Vapor IO, a leading edge computing provider, in shaping the landscape of edge AI across 36 key U.S. markets. Tolaga’s analysis estimates that the cumulative value of edge AI within these markets will skyrocket to an impressive $180 billion by 2028. This projection underscores the transformative potential of edge AI and its growing significance in sectors like healthcare, transportation, telecommunications, and manufacturing.
The demand for edge AI is increasing as industries recognize its ability to enable real-time decision-making, optimize operations, and enhance user experiences. To capitalize on this trend, Vapor IO has introduced the Monetize the AI Edge partner initiative. This program aims to accelerate the availability of real-time AI by offering bundled AI services through Vapor IO’s shared and neutral host infrastructure. Vapor IO’s Chief Revenue Officer, Rodney Foreman, states, Our Monetize the AI Edge program is not just about technology; it’s about fostering long-term, beneficial relationships with our partners to tap into the nearly $200 billion edge AI market. Whether you are a GSI, MSP, VAR, agent, or referral partner, our unique ecosystem can accommodate your specific needs.
Prior to Vapor IO’s solution, deploying edge AI often involved installing extensive server and storage arrays on-premises, resulting in significant costs and operational complexities. Vapor IO’s Kinetic Grid Platform offers partners, including GSIs, MSPs, VARs, agents, and referral partners, an opportunity to provide edge AI services without upfront capital investment or the need for intricate data center management.
Vapor IO is currently developing applications that leverage edge AI for video processing, addressing several compelling use cases. One example is in public safety, where cameras connected to the Kinetic Grid via fiber optics and wireless technologies utilize real-time AI algorithms to identify unusual or potentially hazardous behavior. This technology ensures prompt notification to relevant authorities. Additionally, Vapor IO’s solution extends to video security, enabling the monitoring of indoor and outdoor cameras within office buildings. These cameras employ real-time AI to swiftly identify suspicious activities and automatically initiate appropriate response protocols.
Retail businesses are also taking advantage of technology advancements by incorporating cameras and AI for real-time inventory tracking, loss prevention, and analyzing customer behavior. Similarly, manufacturing processes benefit from computer vision applications that can detect anomalies and defects in real-time.
Cole Crawford, CEO and founder of Vapor IO, explains, Our Kinetic Grid Platform is the perfect delivery vehicle for AI services. Our shared-infrastructure model allows application providers to deliver new real-time services at significantly lower costs compared to other alternatives, with a SaaS-like pay-as-you-go business model.
With the transformative power of edge AI becoming increasingly evident, Vapor IO’s innovation is poised to reshape industries across the United States. The projected growth of the edge AI market to $180 billion by 2028 highlights the immense potential for companies to tap into this lucrative field. As industries embrace the possibilities offered by edge AI, the future of real-time decision-making, optimized operations, and enhanced user experiences looks incredibly promising.
