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How Should We Understand "edge Computing" in Supply Chain Finance?

Recently, with the development of supply chain and the constant evolution of IoT scenarios, some edge data such as accounts receivable, inventory, sales, and preferences have gradually become important factors in credit management for enterprises. This has given rise to the concept of "edge computing" in the field of finance. So how should we understand "edge computing" in supply chain finance?


1. The concept of "nodes" in edge computing in financial services


Nodes refer to scenarios of enterprises or individuals in social production, social interaction, and daily life, and edge computing and cloud computing connects the needs of these nodes, collects data through smart contracts in the vicinity, integrates them into open network computing and storage platforms, and provides real-time business consulting to achieve some intelligent edge services.


In short, edge computing is a technology that combines data and scenarios to provide convenient and rapid decision-making and consulting solutions for enterprises.


2. Development of edge computing in financial services:


With the rapid development of technologies such as IoT, big data, and cloud computing, edge computing in financial services has become a new productivity, continuously driving the development of digital supply chain finance.


In the future, edge computing in financial services will become the core technology for the development of digital supply chain finance, thus establishing a new production relationship between industry and finance.


Before that, facing various risks in the development process of supply chain finance, it is advocated to use the supply chain finance system to strengthen risk management in the business process. This can effectively integrate resources on the supply chain, prevent risks in real-time, and better manage credit and business processes, so as to maximize the utilization of funds.


Undoubtedly, global enterprises are firmly adopting more flexible, cost-effective, and cloud-connected infrastructure as an important solution to simplify the digital transformation journey. Concepts such as SD-WAN, SASE, ZTNA, Multi-cloud have become the hottest topics in the industry. How can enterprises choose reliable service partners to achieve their own intelligent connections, thereby reducing costs, enhancing visibility, and improving performance?


At GoSDWAN, we are committed to solving our customers' most daunting challenges through solutions such as edge computing, cloud direct connection, and SDN expert services to meet their ever-changing business needs. Feel free to consult us.

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