Arlington, Virginia--(Newsfile Corp. - November 7, 2024) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) ("edgeTI", "Company"), a leading provider of real-time digital twin software, announces the Company has been recognized in the Gartner® Hype Cycle™ for Manufacturing Operations Strategy, 2024, as a Sample Vendor in the Digital Twins category.
As per Gartner, "Scaling digital and operational capabilities and navigating risky environments are driving manufacturing operations to readjust priorities. This Hype Cycle supports strategic planning with key technologies and management disciplines for calibrating roadmaps, aligning investments and engaging peers. "
"We are pleased to be recognized in this year's Hype Cycle, especially when manufacturers express their challenge to scale and respond to changing patterns and supply chain risks," said Jim Barrett, CEO of edgeTI.
EdgeTI Recognized in the Gartner Hype Cycle for Manufacturing Operations Strategy, 2024
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Jim Barrett added, "Manufacturers need Digital Twins, like edgeCore™ platform, to unite data across disciplines without having to rehome everything into bespoke custom software. Great examples of multiple disciplines coming together are automated pharmacies that rely on robotics, AI, and pharmacists to deliver prescriptions efficiently."
According to Gartner, "A digital twin is a software-based model that represents the state of a thing, such as an asset, person, composite process and organization. It embeds business process logic to optimize outcomes into the software templates. Digital twin elements include models, data, one-to-one association and near-real-time monitorability. Digital twin design patterns are built into enabling software - analytics, 3D, CRM or IoT - with real-time data from telemetry or application state changes."
edgeTI offers demonstrations of its Digital Twins via the Company's website to manufacturers. The Company previously described two supply chain related use cased in the a recent Corporate Update.
Gartner Attribution and Objectivity Disclaimer
Gartner, Hype Cycle for Manufacturing Operations Strategy, 2024 published 17 July 2024 by analysts Simon Jacobson, Chris Campbell, Jake Cunningham.
GARTNER is a registered trademark and service mark and HYPE CYCLE is a trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is 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 designation. Gartner research publications consist of the opinions 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 merchantability or fitness for a particular purpose.
About edgeTI
edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applications and data sources into one immersive experience called a Digital Twin. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology, and cross-domain operations - helping them achieve the impossible.
Website: https://ir.edgeti.com
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies
For more information, please contact:
Nick Brigman, Analyst, Investor, and Press Relations
Phone: 888-771-3343
Email: ir@edgeti.com
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 forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations.
The reader is cautioned that assumptions used in the preparation of any forward-looking 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 Company, including but not limited to 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 Company 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 statements include the competition and general economic, and market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date 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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