Companies are increasingly interested in virtualizing electrical equipment because it offers a range of benefits for their operations. Firstly, virtualization reduces the need for physical infrastructure, which can result in cost savings, reduced maintenance requirements, and increased safety. In this article we talk about Electrical Substations and the benefits of separating hardware and software.
This year, STL Partners asked companies to provide more information on their financial milestones associated with edge computing, as well as for details on the practicalities of edge applications that they are enabling. By doing so, the firm was able to chart the increase in maturity of edge offerings, with more companies seeing significant revenue streams coming from their edge portfolio.