Computing resources are managed in a computing environment comprising a computing service provider and an edge computing network. The edge computing network comprises computing and storage devices configured to extend computing resources of the computing service provider to remote users of the computing service provider. The edge computing network collects capacity and usage data for computing and network resources at the edge computing network. The capacity and usage data is sent to the computing service provider. Based on the capacity and usage data, the computing service provider, using a cost function, determines a distribution of workloads pertaining to a processing pipeline that has been partitioned into the workloads. The workloads can be executed at the computing service provider or the edge computing network.