Edge Total Intelligence (“edgeTI”) (TSXV:CTRL; OTC: UNFYF; FSE:Q5i)
announced that it was listed as a Sample Vendor for Digital Twins
in the Gartner® report: Emerging Tech Impact Radar:
Hyperautomation1.
According to the report, “Hyperautomation is a philosophy which
suggests that “everything which can, and should, be automated, will
be automated, eventually.” The concept, therefore, refers to
effective combinations of software, supported by process
reengineering and optimized availability of all data in real or
right time. Hyperautomation software can either fully automate work
or augment employees’ processing activity. It is a collective term
for the entire study of how work gets done today and could be done
in the future.”
“Hyperautomation is one of edgeTI’s Seven Keys to the Future of
Business Operations, so we were pleased to be listed as a Sample
Vendor,” said Jim Barrett, CEO for edgeTI™. “We appreciate
Gartner's expertise and perspective on the challenges and
opportunities faced by technology leaders and technology providers.
To this end, we believe our edgeCore solution unites technology and
participants to accelerate our customers' automation journey as
they attempt to improve business outcomes as they operationalize AI
and implement digital twins.”
According to the section on Digital Twins, the report states,
“Digital twins are between one and three years from early majority
adoption, as enterprises are starting to adopt the technology.
Enterprises are investing in digital twins to achieve business
objectives such as process improvement, cost optimization,
visibility across silos, employee safety and customer engagement.
The adoption center of gravity is in asset-intensive sectors such
as oil and gas, manufacturing and defense.”
As per Gartner, “The objective of this research is to guide
product leaders on how emerging technologies and trends are
evolving and impacting areas of interest. Providers can leverage
this knowledge to determine which technologies or trends are most
important to the success of their business and when it makes sense
to advance their products and services by investing in them.” The
full report is restricted to Gartner subscribers.
1Gartner, Emerging Tech Impact Radar: Hyperautomation by
analysts: Cathy Tornbohm, Woodward, John Santoro, Varsha Mehta, Tim
Faith, Arun Batchu, and Danielle Casey; published 28 March 2023
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its affiliates in the U.S. and/or internationally and has been used
herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
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of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
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About edgeTI
edgeTI helps customers sustain situational awareness and
accelerate data-driven action with its real-time digital operations
software, edgeCore™. Global enterprises, service providers, and
governments are more profitable when insight and action are united
to deliver fluid experiences via the platform's low-code
development capability and composable experiences. With edgeCore,
customers improve their margins and agility by rapidly transforming
siloed systems and data across evolving, complex situations in
business, technology, and cross-domain operations — helping them
achieve the impossible.
Traded on: TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i
Learn More and Follow Us at”Website: https://edgeti.com
LinkedIn: www.linkedin.com/company/edgeti YouTube:
www.youtube.com/user/edgetechnologies Twitter:
https://www.twitter.com/edge_suite
For further information contact:
Nick BrigmanPhone: 888-771-3343 Email: ir@edgeti.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Information and
Statements
Certain statements in this news release are forward-looking
statements or information for the purposes of applicable Canadian
and US securities law. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations, or intentions regarding the
future. Such information can generally be identified by the use of
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information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the edgeTI,
including but not limited to, completion of due diligence by the
lender, business, economic and capital market conditions.
Such statements and information are based on numerous
assumptions regarding present and future business strategies and
the environment in which the edgeTI will operate in the future,
including the demand for its products, anticipated costs, and the
ability to achieve goals. Factors that could cause the actual
results to differ materially from those in forward-looking
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financing, the impact of viruses and diseases on the Company's
ability to operate, competition and general economic, and market or
business conditions. The reader is cautioned not to place undue
reliance on any forward-looking information. The forward-looking
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of this news release. Except as required by law, the Company
disclaims any intention and assumes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
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