Edge Total Intelligence Recognized in the Gartner(R) Hype Cycle for Managing Operational Technology, 2024

$32B Global IT Services Analyst, Gartner® (NYSE:IT), Continues to Focus on Functional Use Cases for Digital Twins

Edge Total Intelligence Inc. (“edgeTI”, “Company”) (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5i), a leading provider of real-time digital twin software, announces the Company was Recognized in the Gartner® Hype Cycle™ for Managing Operational Technology, 2024 as a Sample Vendor in the Digital Twins category.

The report states, “Operational technology (OT) is hardware and software that detects — or causes — a change in physical processes or events through the direct monitoring and/or control of physical devices, typically industrial equipment.”

“We are honored to be recognized as an Sample Vendor  in the Digital Twins  category,” said Jim Barrett, CEO of edgeTI. “Digital Twins create composite views of industrial assets and their underlying components, commonly found in construction, defense, and energy industries. Managing these assets appropriately can optimize their use and avoid unscheduled downtime.”

According to 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.”

Delivering this digital twins innovation is the Company’s edgeCore™ software, which unites and orchestrates real-time data and control systems from engineering, opertional and information technology domains with new innovations like generative AI and machine learning algorithms to determine best and preventive actions.

“This opportunity for Digital Twins is interesting to our customers partners in construction, defense, environmental, logistics industries and our AI partners and system integrator that serve these industrial use cases,” said Jim Barrett, CEO of edgeTI. “As a pioneer in creating real-time operations, we confidently believe we have a unique advantage in accelerating success and delivering value to these industries.”

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

Gartner Attribution and Objectivity Disclaimer

Gartner, Hype Cycle for Managing Operational Technology, 2024, Kristian Steenstrup, Jo-Ann Clynch, 5 August 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://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 not to place undue reliance on any forward-looking information.

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