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EdgeTI Recognized in the 2024 Gartner(R) Emerging Tech: Revenue Opportunity Projection of Simulation Digital Twins

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Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has been recognized in the 2024 Gartner® Emerging Tech report as an Example vendor in Simulation Digital Twin of a Person (SDToP). The company's edgeCore™ software combines real-time data, control systems, and AI with simulations to test potential outcomes of suggested actions.

According to Gartner, the global simulation digital twin (SDT) market is projected to grow from $35 billion in 2024 to $379 billion by 2034. Simulation digital twins of composite processes are showing the strongest growth due to increased business value.

The company also clarified that Roth Canada was engaged as a strategic advisor under an agreement dated January 10, 2025, receiving a $125,000 cash advisory fee, and was not acting as an underwriter for the company's January 20, 2025 private placement.

Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) è stata riconosciuta nel rapporto 2024 di Gartner® sulle tecnologie emergenti come fornitore di esempio nella simulazione del gemello digitale di una persona (SDToP). Il software edgeCore™ dell’azienda combina dati in tempo reale, sistemi di controllo e intelligenza artificiale con simulazioni per testare i potenziali risultati delle azioni suggerite.

Secondo Gartner, si prevede che il mercato globale dei gemelli digitali in simulazione (SDT) crescerà da 35 miliardi di dollari nel 2024 a 379 miliardi di dollari entro il 2034. I gemelli digitali in simulazione di processi compositi stanno mostrando la crescita più forte grazie all’aumento del valore aziendale.

L'azienda ha inoltre chiarito che Roth Canada è stata coinvolta come consulente strategico ai sensi di un accordo datato 10 gennaio 2025, ricevendo una commissione di consulenza in contante di 125.000 dollari, e non ha agito come sottoscrittore per il collocamento privato dell'azienda del 20 gennaio 2025.

Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) ha sido reconocida en el informe de tecnologías emergentes de Gartner® 2024 como un proveedor de referencia en Simulación de Gemelo Digital de una Persona (SDToP). El software edgeCore™ de la compañía combina datos en tiempo real, sistemas de control e inteligencia artificial con simulaciones para probar los posibles resultados de las acciones sugeridas.

Según Gartner, se proyecta que el mercado global de gemelos digitales en simulación (SDT) crecerá de 35 mil millones de dólares en 2024 a 379 mil millones de dólares para 2034. Los gemelos digitales de simulación de procesos compuestos están mostrando el crecimiento más fuerte debido al aumento del valor empresarial.

La compañía también aclaró que Roth Canada fue contratado como asesor estratégico bajo un acuerdo fechado el 10 de enero de 2025, recibiendo una tarifa de asesoría en efectivo de 125,000 dólares, y que no actuó como suscriptor para la colocación privada de la compañía del 20 de enero de 2025.

엣지 토탈 인텔리전스 (TSXV: CTRL, OTCQB: UNFYF)는 2024년 가트너(Gartner®)의 신기술 보고서에서 사람의 디지털 쌍둥이 시뮬레이션(SDToP) 분야의 예시 공급업체로 인정받았습니다. 이 회사의 edgeCore™ 소프트웨어는 실시간 데이터, 제어 시스템, 인공지능(AI)을 시뮬레이션과 결합하여 제안된 행동의 잠재적 결과를 테스트합니다.

가트너에 따르면, 전 세계 디지털 쌍둥이(SDT) 시장은 2024년 350억 달러에서 2034년까지 3790억 달러로 성장할 것으로 예상됩니다. 복합 공정의 디지털 쌍둥이 시뮬레이션은 비즈니스 가치의 증가로 인해 가장 큰 성장을 보이고 있습니다.

회사는 또한 로스 캐나다가 2025년 1월 10일자 계약에 따라 전략적 Advisor로 참여했으며, 125,000 달러의 현금 자문 수수료를 받고 있으며, 2025년 1월 20일의 회사 비공식 주식 배급에 대해 인수인으로 활동하지 않았음을 밝혔습니다.

Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) a été reconnu dans le rapport 2024 de Gartner® sur les technologies émergentes comme un fournisseur exemplaire dans la simulation de jumeaux numériques de personnes (SDToP). Le logiciel edgeCore™ de l'entreprise combine des données en temps réel, des systèmes de contrôle et de l'intelligence artificielle avec des simulations pour tester les résultats potentiels des actions suggérées.

Selon Gartner, le marché mondial des jumeaux numériques de simulation (SDT) devrait passer de 35 milliards de dollars en 2024 à 379 milliards de dollars d'ici 2034. Les jumeaux numériques de simulation de processus complexes montrent la plus forte croissance grâce à l'augmentation de la valeur commerciale.

L'entreprise a également précisé que Roth Canada a été engagé en tant que conseiller stratégique dans le cadre d'un accord daté du 10 janvier 2025, recevant des frais de conseil en espèces de 125 000 dollars, et n'a pas agi en tant qu'assureur pour le placement privé de l'entreprise du 20 janvier 2025.

Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) wurde im Bericht über aufstrebende Technologien 2024 von Gartner® als Beispielanbieter für die Simulation eines digitalen Zwillings einer Person (SDToP) anerkannt. Die edgeCore™-Software des Unternehmens kombiniert Echtzeitdaten, Kontrollsysteme und KI mit Simulationen, um potenzielle Ergebnisse der vorgeschlagenen Maßnahmen zu testen.

Laut Gartner wird erwartet, dass der globale Markt für digitale Zwillinge in der Simulation (SDT) von 35 Milliarden Dollar im Jahr 2024 auf 379 Milliarden Dollar im Jahr 2034 wachsen wird. Digitale Zwillinge von zusammengesetzten Prozessen zeigen das stärkste Wachstum, da der Geschäftswert steigt.

Das Unternehmen stellte außerdem klar, dass Roth Canada als strategischer Berater im Rahmen einer Vereinbarung vom 10. Januar 2025 engagiert wurde und eine Beratungsgebühr von 125.000 Dollar in bar erhalten hat und nicht als Emissionshaus für die Privatplatzierung des Unternehmens am 20. Januar 2025 auftrat.

Positive
  • Recognition in Gartner's 2024 Emerging Tech report enhances market credibility
  • Company positioned in rapidly growing market projected to reach $379B by 2034
  • Proprietary edgeCore™ software combines real-time data with AI and simulation capabilities
Negative
  • None.

Arlington, Virginia--(Newsfile Corp. - February 11, 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 in the 2024 Gartner® Emerging Tech: Revenue Opportunity Projection of Simulation Digital Twins as one of the Example vendors in Simulation Digital Twin of a Person (SDToP).

The report states, "Simulation digital twins (SDTs) are an advanced version of traditional digital twin solutions that provide such capability. By feeding current real-time data into incorporated simulation software, SDTs can model the future of their associated article(s)."

"We are pleased to be recognized in this report as one of the Example vendors in Simulation Digital Twin of a Person (SDToP), where a Person could be an employee, customer, cohort, or ad hoc group." said Jim Barrett, CEO of edgeTI.

According to Gartner, "The market for simulation digital twin (SDT)-enabling software and services is expected to reach a global revenue of $379 billion by 2034, up from $35 billion in 2024. While simulation digital twins of things are the most widely known, simulation digital twins of composite processes show the strongest growth due to the increased business value."

Delivering this new capability in Digital Twins is the Company's edgeCore™ software, which unites and orchestrates real-time data and control systems and new innovations like generative AI and machine learning algorithms with simulations to test potential outcomes to specific suggested actions.

"This opportunity for Digital Twins interests our Company greatly based on the spaces size, velocity, and newness," said Jim Barrett, CEO of edgeTI. "As a pioneer in creating the real-time interactions needed in this, we believe we have a unique advantage in delivering our customers accelerated success and value."

edgeTI offers demonstrations and free evaluations of Simulation Digital Twins via the Company's website to prospective enterprises.

Further to the Company's news release dated January 20, 2025, the Company wishes to clarify that Roth Canada, Inc. ("Roth Canada") was engaged as a strategic advisor to provide certain general financial and strategic advice to the Company and that Roth Canada was not acting as an underwriter, broker, or finder in connection with the private placement of the Company that closed on January 20, 2025. Pursuant to an advisory agreement dated January 10, 2025, between the Company and Roth Canada, Rother Canada was paid a cash advisory fee of $125,000.

Gartner Attribution and Objectivity Disclaimer

Gartner, Emerging Tech: Revenue Opportunity Projection of Simulation Digital Twins, Evan Brown, Peter Middleton, Alfonso Velosa, et al., 21 May 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.

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
X: https://x.com/CTRLonTSXV

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/240339

FAQ

What is the projected market size for simulation digital twin software by 2034?

According to Gartner, the simulation digital twin (SDT) market is expected to reach $379 billion by 2034, growing from $35 billion in 2024.

What technology does UNFYF use for simulation digital twins?

UNFYF uses its edgeCore™ software, which combines real-time data, control systems, generative AI, and machine learning algorithms with simulations to test potential outcomes.

How much was the advisory fee paid to Roth Canada by UNFYF?

UNFYF paid Roth Canada a cash advisory fee of $125,000 under an advisory agreement dated January 10, 2025.

What type of simulation digital twin category was UNFYF recognized for in the Gartner report?

UNFYF was recognized as an Example vendor in Simulation Digital Twin of a Person (SDToP) category.

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