The author further explains that for Smart Edge devices, core functions such as connecting, sensing, and inferencing are required. These functions can be obtained as licensable IPs from suppliers, allowing companies to integrate them into their designs and reduce development cycles. This approach offers significant economic advantages, including avoiding high in-house R&D costs and benefiting from the technical advancement provided by specialized IP vendors. The author concludes that by leveraging silicon-proven IP, companies can more effectively capitalize on the market opportunities presented by the Smart Edge.
Key takeaways:
- The semiconductor IP market, which allows companies to license critical design capabilities, represents a $7 billion market and is growing at the same rate as the overall chip industry.
- The emergence of AI at the edge, or Smart Edge, where devices process data locally rather than relying on cloud computing, has made the efficiency of IP licensing even more valuable.
- For Smart Edge devices, core functions such as connecting, sensing, and inferencing are required, all of which are available as trusted, licensable IPs from suppliers.
- By leveraging silicon-proven IP, companies can capitalize more effectively on the market opportunities at hand, avoiding the high costs associated with in-house R&D of IP blocks and benefiting from economies of scale and the technical advancement provided by specialized IP vendors.