The move to the Far Edge will have huge economic potential by leveraging a local, distributed computing infrastructure, and it facilitates the creation of new services and business models, which are much more rooted in verticals around the applications than today’s more general-purpose cloud business models.

The session will focus on the economic potential of Edge Computing in the context of the next-generation IoT by providing an analysis of Europe’s economic opportunities, covering its environmental, energy, and green potential. The session will identify evolving industrial architectures and platforms for Industrial edge-IoT, and address opportunities in sectors, which are strategic for Europe. The session will also include a presentation on European Data Act and repercussions for vertical sectors.