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Edge Total Intelligence Inc
Symbol CTRL
Shares Issued 18,993,459
Close 2023-05-15 C$ 1.08
Market Cap C$ 20,512,936
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Edge Total receives listing as Gartner sample vendor

2023-05-16 13:04 ET - News Release

Mr. Nick Brigman reports

EDGE TOTAL INTELLIGENCE LISTED AS A SAMPLE VENDOR IN THE GARTNER(TM) EMERGING TECH IMPACT RADAR: HYPERAUTOMATION REPORT

Edge Total Intelligence Inc. was listed as a sample vendor for digital twins in the Gartner report: Emerging Tech Impact Radar: Hyperautomation.

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(TM). "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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edgeTI helps customers sustain situational awareness and accelerate data-driven action with its real-time digital operations software, edgeCore(TM). 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.

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