As telecom providers struggle to monetize 5G, hyperscalers like AWS, Google Cloud and Microsoft Azure are betting big on LEO satellites to extend 5G connectivity.
In an effort to monetize 5G, telecom operators and their hyperscaler partners often promoted edge computing. Edge computing could facilitate innovative -- and vertically specific -- applications for industries such as entertainment, healthcare, transportation and retail.
The idea was to extend cloud resources closer to the point where devices create and consume data, which supports cutting-edge applications that require low latency and are bandwidth-intensive. Some innovative edge computing applications emerged in areas like gaming and autonomous vehicles, but edge computing hasn't become the savior financial engine providers expected.