Mr. Jim Barrett reports

EDGETI SECURES RENEWAL FROM TELEFONICA

Telefonica has signed a subscription renewal for Edge Total Intelligence Inc.'s edgeCore. Telefonica operates under several brand names across Europe and Latin America, including Movistar, O2 and Vivo, providing a range of services from fixed-line and mobile telephony to broadband and digital television.

Edge Total's partner, Serima Consulting GmbH, has utilized Edge Total products for more than 15 years to illustrate the real-time status of a carrier's major customers and critical operations. Serima began working with Edge Total in 2007 when telecom provider's account data were isolated across multiple technologies of the provider's operational support systems (OSS). Using Edge Total's edgeCore earlier products, the two companies were able to bring data and interfaces together for customers.

"Serima Consulting understands the unique needs of telecom/digital service providers, such as Telefonica, to deliver real transformation to its customers," said Jim Barrett, chief executive officer of Edge Total. "Thanks to Serima, Telefonica and edgeTI mutually benefit from Serima's domain expertise and presence in Europe."

What began years ago as single pane of glass and portal projects have evolved to include new digital technologies like data mesh, artificial intelligence, automation and composable apps. With edgeCore they are all brought together into virtual replicas and intuitive models of real-world systems and operations. These digital twins help people see across their systems and data to focus on what is important. A top use case for tech leaders thru the decade, MarketsandMarkets, the global analyst and growth consulting firm, estimates digital twin global revenues to grow at over 61.3-per-cent compound annual growth rate from 2023 to 2028 to reach $110.1-billion.

About Edge Total Intelligence Inc.

Edge Total helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore, that unites multiple software applicates 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.

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