Emerging edge computing companies address the challenges posed by the exponential growth of data generated by connected devices. Some of these challenges include handling vast amounts of data in resource-constrained environments while ensuring data security and privacy. To tackle these challenges, new edge computing companies employ technologies integrating centralized and distributed architecture. Additionally, they leverage microservices architecture, containerization, and orchestration tools to optimize resource utilization and scalability.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the edge computing industry. This sector is marked by key trends and a substantial workforce, shaping its future. This article was last updated 5 days ago. If you find any info is missing, let us know! Here are some key insights at a glance:
- Latest Edge Computing Trends: The latest edge computing trends include multi and hybrid cloud deployment, data security, fog computing, information technology/operational technology (IT/OT) convergence, and 5G.
- Edge Computing Industry Statistics: The global edge computing industry encompasses 45.5K+ organizations and has a massive 4M workforce. It is experiencing an increase of 2.58% in annual growth rate but has seen the emergence of 12K+ new edge computing companies in the past five years. Each of these organizations employs about 25 people.
- Top 10 Edge Computing Companies to Watch:
- GECCO – Modular Edge Computing
- Reskube – Computing Infrastructure Resilience
- Avassa Systems – Containerized Application Management
- Mainsail – Type 0 Hypervisor
- GALAXIA Mission Systems – Space Sensors as a Service (SSaS)
- Netrasemi – Unified Domain Specific Architecture (DSA)
- Edgeliot – Climate Data Collection & Monitoring
- Ninetail AI – Automated Object Sorting
- Edgemate – Edge-powered Industrial IoT
- IO River – Unified Security & Traffic Control
Meet 10 out of 12K+ New Edge Computing Companies
In this section, we spotlight 10 new edge computing solutions specializing in advanced technologies. A few of these include unified domain-specific architecture, climate data and monitoring technology and sorting operation automation. These companies leverage advanced algorithms, sensor networks, real-time analytics & more to optimize resource utilization and enhance environmental management.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. GECCO
- Founding Year: 2021
- Employee Range: 2-10
- Location: Canada
- Signal Strength: Strong
- What they do: GECCO develops EdgePod, a compact, low-power, modular edge computing device. It offers solid-state data storage and local server-class processing. Additionally, the device performs low-latency analysis for decision-making and control algorithms that improve business resilience. EdgePod runs without special cooling or power infrastructure and hence finds application in transportation, logistics, warehouse management, oil and gas production, smart retail, military operations, and more.
2. Reskube
- Founding Year: 2021
- Employee Range: 2-10
- Location: UK
- Signal Strength: Very Strong
- What they do: Reskube provides power and internet solutions for edge computing and networks. It features a 768 Wh lithium iron phosphate battery and provides sub-10 ms failover. As the device offers both power and connectivity, it transitions to 4G or satellite connectivity when the internet is unavailable to maintain constant internet access. The company’s management portal, PRISM, further offers granular device visibility, centralized control, accelerates issue resolution and detailed reporting for the infrastructure managers. It finds applications in retail, small businesses, remote work areas, and organizations that need enhanced edge computing.
3. Avassa Systems
- Founding Year: 2020
- Employee Range: 11-50
- Location: Sweden
- Signal Strength: Very Strong
- What they do: Avassa Systems provides an edge platform for containerized application management. Avassa Control Tower in the cloud, installed on a private data center or available as a service, manages distributed applications, virtual machines, and operating systems through APIs and user interfaces. The Edge Enforcer is a container application installed on each host to provide application continuity and edge site autonomy. Avassa Systems’ solution thus benefits industries such as retail, manufacturing, restaurants, and telco.
4. Mainsail
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Strong
- What they do: Mainsail defends edge workloads against cyber attacks with Metalvisor, a type 0 hypervisor that provides hardware-based workload isolation. It integrates with open-source APIs and automation tools like Ansible and Terraform. The hypervisor’s bare-metal-like profile gives each virtual machine the same performance, assisting 5G, AI/ML, and low-latency applications.
5. GALAXIA Mission Systems
- Founding Year: 2020
- Employee Range: 11-50
- Location: Canada
- Signal Strength: Very Strong
- What they do: GALAXIA Mission Systems offers Möbius SDS Constellation, a spaceborne edge compute platform that provides SSaS. The platform processes data near the edge in orbit to reduce latency and data transmission. Its hardware-agnostic, open-SDK integration further allows easy software development and deployment, reducing access costs and data delivery time. This enables faster response times and improved performance while addressing latency issues, and finding applications for the maritime, infrastructure, transportation, environment, and agriculture sectors.
6. Netrasemi
- Founding Year: 2020
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: Netrasemi creates a unified domain-specific architecture that scales from tiny edge devices to edge servers. It features graph-stream parallel architecture and universal chiplet interconnect express (UCIe)-based die-to-die (D2D) technology. This offers a multi-die extension of DSA. The company’s security operations center (SOC) offers AI and vector processing performance without CPU overloading. The DSA architecture supports edge applications from 4 to 100 tera operations per second (TOPs) neural chips and hybrid application processors.
7. Edgeliot
- Founding Year: 2022
- Employee Range: 2-10
- Location: Ireland
- Signal Strength: Very Strong
- What they do: Edgeliot’s Halo technology uses AI-edge computing at the sensor layer to monitor and record climate data at low cost. The technology combines edge AI firmware, microprocessors, and IoT connectivity. The company’s technology is deployed at extremely remote locations to monitor and collect ground climate data for predicting changes.
8. Ninetail AI
- Founding Year: 2019
- Employee Range: 2-10
- Location: South Korea
- Signal Strength: Medium Strong
- What they do: Ninetail AI develops FoxVision, a solution that automates plastic sorting operations using low-power edge computing. It utilizes a near infrared-deep learning (NIR-DL) dual analysis engine to recognize the entire image of the recyclable object hidden by surrounding waste. The tablet-based VPN management through FoxConnect portal further ensures secure remote monitoring and maintenance of edge nodes. The portal thus upgrades harsh recycling sorting environments into sites with high speed, security, and low costs.
9. Edgemate
- Founding Year: 2021
- Employee Range: 2-10
- Location: Singapore
- Signal Strength: Medium
- What they do: Edgemate’s EdgeHUB is an edge-powered IIoT platform for local application development. It allows OEMs, system integrators, and IoT companies to collect, compute, and visualize data at the edge. The platform also simplifies machine-to-machine (M2M) interactions for conducting operational analysis and reducing downtime. EdgeHUB also optimizes bandwidth by transmitting only relevant data while the plug-and-play architecture allows for quick deployment.
10. IO River
- Founding Year: 2022
- Employee Range: 11-50
- Location: Israel
- Signal Strength: Strong
- What they do: IO River provides a unified layer of security, traffic control, and serverless compute services on top of edge platforms. This improves the affordability, performance, and reliability of online services. The company’s virtual edge solution features a web application firewall (WAF), rate limiting, load balancing, and bot detection. In this way, the company simplifies code deployment and management while splitting dynamic traffic across multi-vendor architectures without sacrificing performance. This allows online retailers, streaming media, finance services, and the SaaS industry to manage their online offerings from a single interface assisting.
Quick Tip to Find New Edge Computing Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new edge computing companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It saves time and resources by eliminating hours of traditional desk research and pointing out advancements in edge computing.
- Access to Real-time Insights: Acquire a competitive advantage by being informed about the most recent developments in the edge computing sector. With almost real-time news and company updates on upcoming edge computing, the platform helps you stay informed so you can act quickly.]
- Tailored Exploration: Tailor your search to focus on specific niches within the edge computing sector, such as unified security & traffic control, edge-based IIoT, or space sensors as a service. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking list of edge computing companies.
Ready to Explore All New Edge Computing Companies?
This overview highlights just a few edge solutions from all 12K+ new edge computing companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview. We’re looking to collaborate with knowledgeable insiders to enhance our analysis of startups and tech trends. Join us!
