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Edge Total Intelligence (TSXV: CTRL) Recognized by Gartner® in Digital Twins Category of 2024 Hype Cycle
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Highlights
Edge Total Intelligence Inc. (“edgeTI” or the “Company”) (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I), a provider of real-time digital twin software, has been recognized in the Gartner® Hype Cycle™ for Power and Utility IT, 2024. The Company was named a Sample Vendor in the Digital Twins category, highlighting its role in transforming how power and utility industries use digital technology to optimize services.
Digital twins, which are virtual representations of physical assets and systems, are playing an increasingly important role in modern industries. According to Gartner®, enterprises are using digital twins to accelerate business processes, improve visibility, and create new revenue models. Jim Barrett, CEO of edgeTI, emphasized the value of blending existing assets and new technologies in the digital twin process. He pointed to their work with the Department of Defense's Operational Energy Capability Improvement Fund (OECIF) as an example of the potential of digital twin technology to transform industries without costly overhauls.
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