Mr. Jim Barrett reports

EDGETI AND GROKSTREAM RENEW AI PARTNERSHIP

Edge Total Intelligence Inc. and Grokstream LLC are seeing strong traction and significant growth for their artificial intelligence solution -- Grok achieved a 200-plus-per-cent increase in annual recurring revenues (ARR) from the combined AI-driven information technology observability and automation solution over the last year.

The two companies partnered a year ago to visualize and operationalize predictions from Grok as it gleans through millions of IT alerts, logs, metrics and events using its real-time machine learning pipeline. Using edgeCore, Grok displays predictions at the end of the machine learning pipeline. It achieves this by leveraging a more extensive range of available signals, including alerts, telemetry and logs, when compared with traditional rules-based AIOps (AI operations) approaches that filter down the signal -- ultimately sacrificing prevention and accuracy.

"We believe our growth and extension of services is in part due to a cleaner user interface enabled by the edgeCore technology that lets us explain the value of our AI/ML solution at every moment," said Josh Kindiger, president of Grokstream. "Positive feedback from customers affirm that we are aligned with their top three goals: 1) prevent impacts all you can; 2) recover as quickly as possible; and 3) automate operations all you can."

Edge Total's edgeCore front-end creates a digital twin of the Grok process -- creating a window for operators to interact with the issues that could not be automated as well as explore issues that were already automated.

"Grokstream has truly delivered something new and affirms that AI and machine learning need to be observable and actionable," said Jim Barrett, chief executive officer of Edge Total. "Our digital twin capabilities are important to Grokstream and the collective success of our customers."

In the coming year, the companies will conduct co-marketing activities by co-ordinating industry analyst relations, attending trade events and collaborating on new markets.

Today's announcement fits with an update regarding Edge Total's Fast Path to Safe and Successful AI, updated March 6, 2024, where digital twins were acknowledged as key to AI success and a bridge to the metaverse.

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. 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 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.

We seek Safe Harbor.