Edge Total Intelligence Recognized in the Gartner(R) Hype Cycle for Power and Utility Industry IT, 2024
Edge Total Intelligence (UNFYF) has been recognized as a Sample Vendor in the Digital Twins category in Gartner's Hype Cycle for Power and Utility Industry IT, 2024. The company's edgeCore™ software provides real-time digital twin capabilities that create composite views of industrial assets by integrating existing technology assets with digital innovations.
The software delivers a performative data mesh capability that connects authoritative information with control systems across engineering, operational, and IT domains, incorporating generative AI and machine learning algorithms to enhance decision-making. The company offers demonstrations and free evaluations of Digital Twins through their website.
Additionally, Edge Total Intelligence has granted 250,000 stock options to director, officer and consultant at CAD$0.39 per share, exercisable for five years.
Edge Total Intelligence (UNFYF) è stata riconosciuta come Fornitore di Riferimento nella categoria Digital Twins nel Gartner's Hype Cycle for Power and Utility Industry IT, 2024. Il software edgeCore™ dell'azienda offre funzionalità di digital twin in tempo reale, creando viste composite degli asset industriali integrando le tecnologie esistenti con innovazioni digitali.
Il software fornisce una capacità performativa di data mesh che collega informazioni autorevoli con sistemi di controllo nei settori ingegneristico, operativo e IT, incorporando algoritmi di intelligenza artificiale generativa e machine learning per migliorare il processo decisionale. L'azienda offre dimostrazioni e valutazioni gratuite dei Digital Twins tramite il proprio sito web.
Inoltre, Edge Total Intelligence ha concesso 250.000 stock option a direttori, dirigenti e consulenti al prezzo di CAD$0,39 per azione, esercitabili per cinque anni.
Edge Total Intelligence (UNFYF) ha sido reconocido como Proveedor de Muestra en la categoría de Digital Twins en el Gartner's Hype Cycle for Power and Utility Industry IT, 2024. El software edgeCore™ de la compañía ofrece capacidades de gemelos digitales en tiempo real que crean vistas compuestas de activos industriales integrando activos tecnológicos existentes con innovaciones digitales.
El software proporciona una capacidad performativa de data mesh que conecta información autorizada con sistemas de control en los dominios de ingeniería, operaciones y TI, incorporando algoritmos de IA generativa y aprendizaje automático para mejorar la toma de decisiones. La empresa ofrece demostraciones y evaluaciones gratuitas de Digital Twins a través de su sitio web.
Además, Edge Total Intelligence ha otorgado 250,000 opciones sobre acciones a directores, oficiales y consultores a un precio de CAD$0.39 por acción, ejercitables durante cinco años.
Edge Total Intelligence (UNFYF)는 Gartner's Hype Cycle for Power and Utility Industry IT, 2024의 디지털 트윈(Digital Twins) 부문에서 샘플 벤더로 인정받았습니다. 이 회사의 edgeCore™ 소프트웨어는 기존 기술 자산과 디지털 혁신을 통합하여 산업 자산의 복합적인 실시간 디지털 트윈 뷰를 제공합니다.
이 소프트웨어는 엔지니어링, 운영, IT 도메인 전반에 걸쳐 권위 있는 정보와 제어 시스템을 연결하는 성능 중심 데이터 메시 기능을 제공하며, 생성 AI와 머신러닝 알고리즘을 도입해 의사결정을 향상시킵니다. 회사는 웹사이트를 통해 디지털 트윈의 데모 및 무료 평가판을 제공합니다.
또한 Edge Total Intelligence는 이사, 임원 및 컨설턴트에게 주당 CAD$0.39의 가격으로 25만 주의 스톡 옵션을 부여했으며, 이 옵션은 5년간 행사할 수 있습니다.
Edge Total Intelligence (UNFYF) a été reconnu comme Fournisseur Échantillon dans la catégorie Digital Twins dans le Gartner's Hype Cycle for Power and Utility Industry IT, 2024. Le logiciel edgeCore™ de l'entreprise offre des capacités de jumeau numérique en temps réel, créant des vues composites des actifs industriels en intégrant les actifs technologiques existants avec des innovations numériques.
Le logiciel fournit une capacité performante de data mesh qui connecte des informations autorisées aux systèmes de contrôle dans les domaines de l'ingénierie, des opérations et des TI, en incorporant des algorithmes d'IA générative et d'apprentissage automatique pour améliorer la prise de décision. L'entreprise propose des démonstrations et des évaluations gratuites des Digital Twins via son site web.
De plus, Edge Total Intelligence a accordé 250 000 options d'achat d'actions à des administrateurs, dirigeants et consultants au prix de 0,39 CAD par action, exerçables pendant cinq ans.
Edge Total Intelligence (UNFYF) wurde als Musteranbieter in der Kategorie Digital Twins im Gartner's Hype Cycle for Power and Utility Industry IT, 2024 anerkannt. Die edgeCore™-Software des Unternehmens bietet Echtzeit-Digital-Twin-Funktionen, die zusammengesetzte Ansichten industrieller Anlagen durch Integration bestehender Technologieanlagen mit digitalen Innovationen erstellen.
Die Software liefert eine leistungsfähige Data-Mesh-Funktion, die autoritative Informationen mit Steuerungssystemen in den Bereichen Engineering, Betrieb und IT verbindet und generative KI sowie Machine-Learning-Algorithmen zur Verbesserung der Entscheidungsfindung einsetzt. Das Unternehmen bietet Demonstrationen und kostenlose Bewertungen von Digital Twins über seine Website an.
Zusätzlich hat Edge Total Intelligence 250.000 Aktienoptionen an Direktoren, Führungskräfte und Berater zu einem Preis von CAD$0,39 pro Aktie gewährt, die für fünf Jahre ausübbar sind.
- Recognition by Gartner as a Sample Vendor in Digital Twins category validates company's technology
- Company's technology enables cost-effective transformation without requiring complete system replacement
- Previous successful implementation with Department of Defense's OECIF demonstrates capability
- None.
Arlington, Virginia--(Newsfile Corp. - May 8, 2025) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) ("edgeTI", "Company"), a leading provider of real-time digital twin software, announces the Company was Recognized by Gartner® (NYSE: IT) in its Gartner Hype Cycle™ for Power and Utility IT, 2024 as a Sample Vendor in the Digital Twins category.
The report states, "To ensure the continued provision of affordable and sustainable services, power and utilities companies must transform with digital technology. This Hype Cycle offers insights into power and utility technologies, enabling CIOs to align technology investments with business goals for optimal results."
"We are honored to be recognized as a Sample Vendor in the Digital Twins category," said Jim Barrett, CEO of edgeTI. "Digital Twins create composite views of industrial assets and their underlying components. Our work with Department of Defense's Operational Energy Capability Improvement Fund's (OECIF) last year showcased what is possible when digital twins embrace existing technology assets and information and blend them with digital innovations - thus avoiding costly rip and replace approaches to transformation."
According to Gartner, "Enterprises are using digital twins to accelerate business processes by embedding business process logic into design patterns and templates in software. They are also using digital twins to contribute to building blocks for machine learning and GenAI foundation models. The importance of digital twins is reflected in the improvements they facilitate, such as cost optimization, improved visibility, improved patient outcomes, or new revenue models."
Delivering digital twins innovation is the Company's edgeCore™ software, which delivers a performative data mesh capability that reaches authoritative information and unites it with control systems from engineering, opertional and information technology domains with new innovations like generative AI and machine learning algorithms to improve and accelerate decision-making.
"The opportunity for Digital Twins transcends tradition technology boundaries and makes it possible for the power and utility industry to embrace broader constructs that utilize all forms of energy and underlying IT infrastructure," said Jim Barrett, CEO of edgeTI. "As the pioneer in real-time operations, we confidently believe we deliver a unique advantage to accelerate and derisk transformation in these industries."
edgeTI offers demonstrations and free evaluations of Digital Twins via the Company's website to prospective enterprises.
The Company also announces that it has granted an aggregate of 250,000 stock options to its director, officer and consultant to purchase 250,000 subordinate voting shares exercisable at a price of CAD
Gartner Attribution and Objectivity Disclaimer
Gartner, Hype Cycle for Power and Utility Industry IT, 2024, Nicole Foust, 3 July 2024
GARTNER is a registered trademark and service mark 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. (NYSE: IT)
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 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 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.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251271
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