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EdgeTI Recognized in the Gartner Hype Cycle for ERP, 2024

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Edge Total Intelligence Inc. (TSXV: CTRL) (OTC Pink: UNFYF) has been recognized as a Sample Vendor in the Digital Twins category of the Gartner® Hype Cycle™ for ERP, 2024. This marks the company's first inclusion in this report. Digital twins are software-based models representing the state of assets, processes, or organizations, embedding business logic to optimize outcomes.

Gartner highlights the importance of digital twins in accelerating business processes, contributing to machine learning and GenAI foundation models, and facilitating improvements such as cost optimization, improved visibility, and new revenue models. edgeTI's edgeCore™ Digital Twins Platform unites data without rehoming everything into a traditional ERP system, offering a unique approach that saves time and expense in achieving value.

Edge Total Intelligence Inc. (TSXV: CTRL) (OTC Pink: UNFYF) è stata riconosciuta come Vendor Esemplare nella categoria Digital Twins del Gartner® Hype Cycle™ per ERP, 2024. Questo segna la prima inclusione dell'azienda in questo rapporto. I doppioni digitali sono modelli software che rappresentano lo stato di beni, processi o organizzazioni, incorporando logiche aziendali per ottimizzare i risultati.

Gartner evidenzia l'importanza dei duplicati digitali nell'accelerare i processi aziendali, nel contribuire ai modelli fondamentali di machine learning e GenAI, e nel facilitare miglioramenti come l'ottimizzazione dei costi, una maggiore visibilità e nuovi modelli di entrate. La piattaforma edgeCore™ per Doppioni Digitali di edgeTI unisce i dati senza dover riposizionare tutto in un tradizionale sistema ERP, offrendo un approccio unico che consente di risparmiare tempo e costi nel raggiungere il valore.

Edge Total Intelligence Inc. (TSXV: CTRL) (OTC Pink: UNFYF) ha sido reconocida como Proveedor Ejemplar en la categoría de Gemelos Digitales del Gartner® Hype Cycle™ para ERP, 2024. Esta es la primera inclusión de la empresa en este informe. Los gemelos digitales son modelos basados en software que representan el estado de activos, procesos u organizaciones, incorporando lógica empresarial para optimizar resultados.

Gartner destaca la importancia de los gemelos digitales en la aceleración de procesos empresariales, en la contribución a modelos fundamentales de aprendizaje automático y GenAI, y en la facilitación de mejoras como la optimización de costos, mayor visibilidad y nuevos modelos de ingresos. La plataforma edgeCore™ de gemelos digitales de edgeTI une datos sin necesidad de reubicar todo en un sistema ERP tradicional, ofreciendo un enfoque único que ahorra tiempo y gastos para alcanzar el valor.

Edge Total Intelligence Inc. (TSXV: CTRL) (OTC Pink: UNFYF)는 2024년 ERP에 대한 Gartner® Hype Cycle™의 디지털 트윈 범주에서 샘플 공급업체로 인정받았습니다. 이는 회사가 이 보고서에 처음으로 포함된 것을 의미합니다. 디지털 트윈은 자산, 프로세스 또는 조직의 상태를 나타내는 소프트웨어 기반 모델로, 비즈니스 논리를 통합하여 결과를 최적화합니다.

Gartner는 디지털 트윈이 비즈니스 프로세스를 가속화하고 기계 학습 및 GenAI 기본 모델에 기여하며 비용 최적화, 향상된 가시성 및 새로운 수익 모델과 같은 개선 사항을 촉진하는 중요성을 강조합니다. edgeTI의 edgeCore™ 디지털 트윈 플랫폼은 전통적인 ERP 시스템에 모든 것을 재배치하지 않고 데이터 통합을 제공하여 가치를 달성하는 데 드는 시간과 비용을 절약하는 독특한 접근 방식을 제공합니다.

Edge Total Intelligence Inc. (TSXV: CTRL) (OTC Pink: UNFYF) a été reconnue comme fournisseur exemplaire dans la catégorie des jumeaux numériques du Gartner® Hype Cycle™ pour ERP, 2024. Cela marque la première inclusion de l'entreprise dans ce rapport. Les jumeaux numériques sont des modèles basés sur des logiciels qui représentent l'état des actifs, des processus ou des organisations, intégrant une logique d'entreprise pour optimiser les résultats.

Gartner souligne l'importance des jumeaux numériques dans l'accélération des processus commerciaux, contribuant à des modèles fondamentaux de machine learning et GenAI, et facilitant des améliorations telles que l'optimisation des coûts, une meilleure visibilité et de nouveaux modèles de revenus. La plateforme edgeCore™ de edgeTI pour les jumeaux numériques unit les données sans devoir tout réorganiser dans un système ERP traditionnel, offrant une approche unique qui permet d'économiser du temps et des coûts pour atteindre la valeur.

Edge Total Intelligence Inc. (TSXV: CTRL) (OTC Pink: UNFYF) wurde als Musteranbieter in der Kategorie Digital Twins des Gartner® Hype Cycle™ für ERP 2024 anerkannt. Dies ist die erste Aufnahme des Unternehmens in diesen Bericht. Digitale Zwillinge sind softwarebasierte Modelle, die den Zustand von Vermögenswerten, Prozessen oder Organisationen darstellen und Geschäftslogik integrieren, um Ergebnisse zu optimieren.

Gartner hebt die Bedeutung digitaler Zwillinge bei der Beschleunigung von Geschäftsprozessen hervor, die zu Machine Learning und GenAI-Basismodellen beitragen und Verbesserungen wie Kostenoptimierung, verbesserte Sichtbarkeit und neue Einnahmequellen ermöglichen. Die edgeCore™ Digital Twins Plattform von edgeTI vereint Daten, ohne alles in ein traditionelles ERP-System umzusiedeln, und bietet einen einzigartigen Ansatz, der Zeit und Kosten spart, um Wert zu schaffen.

Positive
  • First-time recognition as a Sample Vendor in Gartner® Hype Cycle™ for ERP, 2024
  • edgeCore™ Digital Twins Platform accelerates ERP outcomes
  • Unique approach saves time and expense in achieving value
Negative
  • None.

Report Explains How and When Digital Twins Advance ERP Goals and Benefits

Arlington, Virginia--(Newsfile Corp. - August 14, 2024) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTC Pink: UNFYF) (FSE: Q5I) ("edgeTI", "Company"), a leading provider of real-time digital twin software, announces the Company has been recognized as a Sample Vendor for the first time in the latest Gartner® Hype Cycle™ for ERP, 2024.

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The Gartner Hype Cycle for ERP, 2024 positioned edgeTI as a Sample Vendor in the Digital Twins category. Gartner defines, "A digital twin is a software-based model that represents the state of a thing, such as an asset, person, composite process and organization. It embeds business process logic to optimize outcomes into the software templates. Digital twin elements include models, data, one-to-one association and near-real-time monitorability. Digital twin design patterns are built into enabling software - analytics, 3D, CRM or IoT - with real-time data from telemetry or application state changes."

Importance of Digital Twins as stated by Gartner, "Enterprises are using digital twins to accelerate business processes by embedding business process logic into design patterns and templates in software. They are also using digital twins to contribute to building blocks for machine learning and GenAI foundation models. The importance of digital twins is reflected in the improvements they facilitate, such as cost optimization, improved visibility, improved patient outcomes, or new revenue models."

"We are thrilled to be recognized in the Gartner Hype Cycle for ERP, 2024," said Jim Barrett, CEO of edgeTI. "Enterprise Resource Planning outcomes are accelerated by edgeCore™. Our Digital Twins Platform unites data without having to rehome everything into a traditional ERP system. This is unique and saves time and expense to achieve value."

edgeTI offers demonstrations of ERP benefits and free evaluations of Digital Twins via the Company's website to prospective enterprises and innovation teams.

Gartner, Hype Cycle for ERP, 2024, Neha Ralhan, Denis Torii, Greg Leiter, Dixie John, 17 June 2024.

GARTNER is a registered trademark and service mark and HYPE CYCLE is a trademark 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.

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Further to the Company's news release in relation to the three corner merger with Block X Capital Corp. as disclosed in the news release of the Company dated August 2, 2024, the Company notes that Ms. Sheri Rempel, the Chief Financial Officer of the Company, is also the Chief Financial Officer of Victory Square Technologies Inc. However, this is not a related party transaction as defined in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transaction. Other than Ms. Rempel, the Company and Victory Square Technologies Inc. do not have any common directors or officers.

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://edgeti.com
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies

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 that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to business, economic and capital market conditions. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include the competition and general economic, and market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. 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/219834

FAQ

What is Edge Total Intelligence's stock symbol on the OTC Pink market?

Edge Total Intelligence's stock symbol on the OTC Pink market is UNFYF.

How does edgeTI's Digital Twins Platform differ from traditional ERP systems?

edgeTI's edgeCore™ Digital Twins Platform unites data without requiring everything to be rehomed into a traditional ERP system, offering a unique approach that saves time and expense in achieving value.

What are the key benefits of digital twins according to the Gartner report?

According to the Gartner report, digital twins facilitate improvements such as cost optimization, improved visibility, improved patient outcomes, and new revenue models. They also accelerate business processes and contribute to machine learning and GenAI foundation models.

When was Edge Total Intelligence recognized in the Gartner Hype Cycle for ERP?

Edge Total Intelligence was recognized in the Gartner Hype Cycle for ERP, 2024, which was published on June 17, 2024.

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