STOCK TITAN

Duos Edge AI Partners with Accu-Tech To Deploy Edge Data Centers

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership AI

Duos Technologies Group, through its subsidiary Duos Edge AI, has announced a strategic partnership with Accu-Tech to accelerate the deployment of edge computing infrastructure across the United States. This collaboration aims to address the growing demand for low-latency data processing and improved connectivity in underserved markets.

The partnership comes as the edge computing market is expected to reach $43.4 billion by 2027, growing at a compound annual rate of 37.4%. Duos Edge AI's innovative Edge Data Center (EDC) solutions, combined with Accu-Tech's distribution network, will support the rapid expansion of edge computing capabilities.

The first edge data center deployments are planned for Q4 2024, focusing on bringing scalable, efficient edge computing solutions to diverse industries across the U.S. This collaboration will strategically increase Duos Edge AI's reach, ensuring key markets benefit from advanced technology solutions for optimized performance and connectivity.

Il gruppo Duos Technologies, attraverso la sua filiale Duos Edge AI, ha annunciato una partnership strategica con Accu-Tech per accelerare l'implementazione di infrastrutture di edge computing negli Stati Uniti. Questa collaborazione mira a rispondere alla crescente domanda di elaborazione dei dati a bassa latenza e di connettività migliorata nei mercati poco serviti.

La partnership arriva in un momento in cui si prevede che il mercato dell'edge computing raggiunga 43,4 miliardi di dollari entro il 2027, crescendo a un tasso annuo composto del 37,4%. Le innovative soluzioni Edge Data Center (EDC) di Duos Edge AI, in combinazione con la rete di distribuzione di Accu-Tech, supporteranno la rapida espansione delle capacità di edge computing.

I primi deployment dei data center edge sono previsti per il quarto trimestre del 2024, con l'obiettivo di fornire soluzioni di edge computing scalabili ed efficienti a diverse industrie negli Stati Uniti. Questa collaborazione aumenterà strategicamente la portata di Duos Edge AI, garantendo che mercati chiave possano beneficiare di soluzioni tecnologiche avanzate per ottimizzare le prestazioni e la connettività.

El grupo Duos Technologies, a través de su subsidiaria Duos Edge AI, ha anunciado una asociación estratégica con Accu-Tech para acelerar el despliegue de infraestructura de edge computing en los Estados Unidos. Esta colaboración tiene como objetivo abordar la creciente demanda de procesamiento de datos de baja latencia y mejorar la conectividad en mercados desatendidos.

La asociación surge en un momento en que se espera que el mercado de edge computing alcance 43.4 mil millones de dólares para 2027, creciendo a una tasa anual compuesta del 37.4%. Las innovadoras soluciones de Edge Data Center (EDC) de Duos Edge AI, combinadas con la red de distribución de Accu-Tech, apoyarán la rápida expansión de las capacidades de edge computing.

Los primeros despliegues de centros de datos edge están programados para el cuarto trimestre de 2024, centrados en ofrecer soluciones de edge computing escalables y eficientes a diversas industrias en EE. UU. Esta colaboración ampliará estratégicamente el alcance de Duos Edge AI, asegurando que los mercados clave se beneficien de soluciones tecnológicas avanzadas para un rendimiento y conectividad optimizados.

듀오스 테크놀로지스 그룹은 자회사인 듀오스 엣지 AI를 통해 아큐-테크와 전략적 파트너십을 발표하여 미국 전역에 엣지 컴퓨팅 인프라의 배치를 가속화하고 있습니다. 이번 협업의 목적은 저지연 데이터 처리와 부족한 시장에서의 향상된 연결성에 대한 증가하는 수요를 해결하는 것입니다.

이번 파트너십은 엣지 컴퓨팅 시장이 2027년까지 434억 달러에 이를 것으로 예상되고 있으며, 연평균 성장률이 37.4%에 이를 것으로 보이는 시점에서 이루어졌습니다. 듀오스 엣지 AI의 혁신적인 엣지 데이터 센터(EDC) 솔루션과 아큐-테크의 유통 네트워크가 결합되어 엣지 컴퓨팅 능력을 신속하게 확장할 것입니다.

첫 번째 엣지 데이터 센터 배치는 2024년 4분기에 예정되어 있으며, 미국의 다양한 산업에 확장 가능하고 효율적인 엣지 컴퓨팅 솔루션을 제공하는 데 중점을 둡니다. 이번 협업은 듀오스 엣지 AI의 범위를 전략적으로 확대하여 핵심 시장이 성능 및 연결성 최적화를 위한 첨단 기술 솔루션의 혜택을 누릴 수 있도록 할 것입니다.

Le groupe Duos Technologies, par l'intermédiaire de sa filiale Duos Edge AI, a annoncé un partenariat stratégique avec Accu-Tech pour accélérer le déploiement d'infrastructures de edge computing aux États-Unis. Cette collaboration vise à répondre à la demande croissante de traitement des données à faible latence et d'une meilleure connectivité dans les marchés mal desservis.

Ce partenariat intervient alors que le marché du edge computing devrait atteindre 43,4 milliards de dollars d'ici 2027, avec un taux de croissance annuel composé de 37,4%. Les solutions innovantes d'Edge Data Center (EDC) de Duos Edge AI, associées à la réseau de distribution d'Accu-Tech, soutiendront l'expansion rapide des capacités de edge computing.

Les premiers déploiements de centres de données edge sont prévus pour le quatrième trimestre 2024, axés sur l'apport de solutions de edge computing évolutives et efficaces à diverses industries aux États-Unis. Cette collaboration augmentera stratégiquement la portée de Duos Edge AI, garantissant que les marchés clés bénéficient de solutions technologiques avancées pour une performance et une connectivité optimisées.

Die Duos Technologies Group hat über ihre Tochtergesellschaft Duos Edge AI eine strategische Partnerschaft mit Accu-Tech angekündigt, um den Ausbau der Edge-Computing-Infrastruktur in den Vereinigten Staaten zu beschleunigen. Diese Zusammenarbeit zielt darauf ab, der wachsenden Nachfrage nach latenzarmer Datenverarbeitung und verbesserter Konnektivität in unterversorgten Märkten gerecht zu werden.

Die Partnerschaft kommt zu einem Zeitpunkt, an dem der Edge-Computing-Markt voraussichtlich 43,4 Milliarden Dollar bis 2027 erreichen wird und mit einer jährlichen Wachstumsrate von 37,4% wächst. Die innovativen Edge Data Center (EDC)-Lösungen von Duos Edge AI in Kombination mit dem Vertriebsnetz von Accu-Tech werden die schnelle Expansion der Edge-Computing-Fähigkeiten unterstützen.

Die ersten Bereitstellungen von Edge-Datenzentren sind für das vierte Quartal 2024 geplant und konzentrieren sich darauf, skalierbare und effiziente Edge-Computing-Lösungen für verschiedene Branchen in den USA bereitzustellen. Diese Zusammenarbeit wird strategisch die Reichweite von Duos Edge AI erhöhen und sicherstellen, dass wichtige Märkte von fortschrittlichen Technologielösungen für optimierte Leistung und Konnektivität profitieren.

Positive
  • Strategic partnership with Accu-Tech to accelerate edge computing infrastructure deployment
  • Positioning to capitalize on the growing edge computing market, expected to reach $43.4 billion by 2027
  • Expansion into underserved markets with first deployments planned for Q4 2024
  • Increased reach and market penetration through Accu-Tech's distribution network
Negative
  • None.

Duos Edge AI and Accu-Tech collaborate to fast-track the rollout of edge computing infrastructure across the U.S.

JACKSONVILLE, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a provider of adaptive, versatile and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, today announced a strategic partnership with Accu-Tech to accelerate the deployment of edge computing infrastructure across the United States. This collaboration brings together industry leaders to support the rapid expansion of edge computing capabilities, addressing the growing demand for low-latency data processing and improved connectivity in underserved markets.

DUOT_PR_EDGE_AI_PartnershipL

Doug Recker, president of Duos Edge AI, states, "This partnership with Accu-Tech marks a significant milestone in our mission to bring cutting-edge computing capabilities to underserved communities. By combining our innovative Edge Data Center solutions with Accu-Tech's distribution network, we're poised to accelerate the deployment of critical edge computing resources across the nation."

The partnership comes at a crucial time as the demand for edge computing continues to surge. With the edge computing market expected to reach $43.4 billion by 2027, growing at a compound annual rate of 37.4%, this collaboration positions Duos Edge AI to capitalize on the increasing need for distributed IT infrastructure. Chuck Ferry, CEO of Duos, adds, "This strategic partnership aligns perfectly with our vision to transform local communities through advanced technology infrastructure. By partnering with industry leaders like Accu-Tech, we're not only enhancing our deployment capabilities but also ensuring the highest standards of reliability and efficiency for our Edge Data Centers."

"We're excited to partner with Duos Edge AI to drive the production and deployment of edge data centers across the U.S.," said Kristen Sanderson, Director Data Center Infrastructure Solutions of Accu-Tech. "Our expertise in delivering data center infrastructure solutions aligns perfectly with Duos' mission to bring cutting-edge technology to underserved communities. Together, we will accelerate the rollout of critical edge computing resources, ensuring reliable, scalable solutions for industries nationwide."

Duos Edge AI's partnership with Accu-Tech brings scalable, efficient edge computing solutions to diverse industries across the U.S. Accu-Tech's experience in the data center market ensures reliable installation and support, allowing businesses to overcome latency challenges. Together, Duos Edge AI and Accu-Tech are expanding into underserved markets, with their first edge data center deployments planned for Q4 2024. This collaboration will strategically increase Duos Edge AI’s reach, ensuring that key markets benefit from advanced technology solutions for optimized performance and connectivity.

To learn more about Duos Edge AI, visit: www.duosedge.ai
To learn more about Duos Technologies, visit www.duostechnologies.com

About Duos Edge AI, Inc.
Duos Edge AI, Inc. is a subsidiary of Duos Technologies Group, Inc. (Nasdaq: DUOT). Duos Edge AI's mission is to bring advanced technology to underserved communities, particularly in education, healthcare and rural industries, by deploying high-powered edge computing solutions that minimize latency and optimize performance. Duos Edge AI specializes in high-function Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment. By focusing on providing scalable IT resources that seamlessly integrate with existing infrastructure, its solutions expand capabilities at the network edge, ensuring data uptime onsite services. With the ability to provide 100 kW+ per cabinet, rapid 90-day deployment, and continuous 24/7 data services, Duos Edge AI aims to position its edge data centers within 12 miles of end users or devices, significantly closer than traditional data centers. This approach enables timely processing of massive amounts of data for applications requiring real-time response and supporting current and future technologies without large capital investments. For more information, visit www.duosedge.ai.

About Accu-Tech
Accu-Tech is a national distributor of Voice, Data, AV, Wireless and Security solutions. Since 1984, Accu-Tech has delivered complete and integrated solutions for a variety of verticals and applications. Accu-Tech’s specialized experience in the Data Center market extends to solution design and selection, installation support, and customized logistics for Co-Lo, MTDC, Edge, and other applications. Accu-Tech is committed to ensuring Data Centers, and all customers, receive the innovative, future-ready, and customized solutions they require. Partnering with Accu-Tech provides customers with the peace-of-mind that the systems installed in their facilities will be high-performance and reliable. Visit www.accu-tech.com for more information.

About Duos Technologies Group, Inc.
Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation, designs, develops, deploys and operates intelligent technology solutions for Machine Vision and Artificial Intelligence (“AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting. For more information, visit www.duostech.com and www.duosedge.ai.

Forward-Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated" and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d2194d89-2fc7-4ab6-9cef-e223a10c13af

This press release was published by a CLEAR® Verified individual.


FAQ

What is the purpose of Duos Edge AI's partnership with Accu-Tech?

The partnership aims to accelerate the deployment of edge computing infrastructure across the United States, addressing the growing demand for low-latency data processing and improved connectivity in underserved markets.

When are the first edge data center deployments planned for Duos Edge AI and Accu-Tech?

The first edge data center deployments are planned for Q4 2024, focusing on bringing scalable, efficient edge computing solutions to diverse industries across the U.S.

What is the projected growth of the edge computing market according to the Duos Technologies (DUOT) press release?

According to the press release, the edge computing market is expected to reach $43.4 billion by 2027, growing at a compound annual rate of 37.4%.

How will the partnership between Duos Edge AI and Accu-Tech benefit underserved communities?

The partnership aims to bring cutting-edge computing capabilities to underserved communities by combining Duos Edge AI's innovative Edge Data Center solutions with Accu-Tech's distribution network, accelerating the deployment of critical edge computing resources.

Duos Technologies Group, Inc.

NASDAQ:DUOT

DUOT Rankings

DUOT Latest News

DUOT Stock Data

42.81M
6.36M
26.59%
30.75%
1.55%
Software - Application
Services-prepackaged Software
Link
United States of America
JACKSONVILLE