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CTRL Edge Total Intelligence Inc

0.57
0.00 (0.00%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Edge Total Intelligence Inc TSXV:CTRL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.57 0.57 0.59 0 01:00:00

edgeTI Announces Fast Path to Safe and Successful AI

13/06/2023 10:04pm

GlobeNewswire Inc.


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Edge Total Intelligence Inc. (“edgeTI”, “Company”, “We”, or “Our”) (TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i), the leader in real-time digital operations software, today announces AI adoption programs that leverage the edgeCore™ platform to integrate AI safely and effectively.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

“Across industries, great concern exists about the effective use and adoption of AI initiatives,” said Jim Barrett, CEO of edgeTI. “These two challenges are linked and solved with the use of our adoption programs that drive tangible progress towards executing an AI strategy.”

Tackling Problems and Concerns

“Few AI initiatives match the velocity of OpenAI’s ChatGPT, which amassed huge followings in mere weeks. Unchecked, ChatGPT sped past policies on intellectual highest levels of governments and corporations,” added Jim Barrett.

To deploy AI capabilities safely and responsibly, organizations need to effectively implement the following three key concepts native to edgeCore:

  1. Guardrails – establish and maintain boundaries regarding permitted actions, accessibility, and business rules to safeguard operations.
  2. Transparency – empower users to visualize what feeds the AI, and ensure desired outcomes are achieved and auditable.
  3. Orchestration – enable users and leaders to compose and sequence next steps and actions for smooth, tightly-coupled operations.

Focused, Calculated Progress with AI

“Since 2021, we’ve tested and developed capabilities across a wide range of AIs,” remarked Scott Lesley, CTO at edgeTI. “In early 2023, we used our native capabilities to compose conversational AIs into operations using OpenAI’s ChatGPT and ServiceNow, which added conversational capabilities with zero modification to legacy systems.”

In Spring of 2023, edgeTI wrapped edgeCore around an event-driven AIOps solution to deliver a meaningful user interface between the AI and operators, thereby catapulting transparency and orchestration to unforeseen levels.

Results-Driven AI Adoption Programs

“Having developed methods proven to operationalize AI, companies may accelerate and improve the success of their AI strategy by leveraging one of our adoption programs,” remarked Nick Brigman, VP of Product.

AdoptionProgramenfuseengageenvelopenmesh
For …Fusion or tiger teamsOperationsLeadersAI Providers andInnovatorsData and App Architects
Who are responsible for…Addressing business issues and initiativesInteractions and communications between peopleDelivering meaningful product UXCreating holistic data-drive operations
And require …Rapid proof or disproof of ideasGuardrails, transparency, and orchestrationA licensable OEM front-end to operationalize AIThe ability to compose and unify data and apps
To deliver…Targeted business outcomesFluid, seamless, enriched experiencesTransparent engaging progress and resultsBetter, transparent performance
that …Reduce time to proof and operationalizeEngage people, reduce effort, and improve xSATAccelerate adoption and build trust in AIInform, guide, and produce results and awareness

About edgeTI

edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applicates and data sources into one immersive experience. 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 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 Twitter: www.twitter.com/edge_suite

For further Information contact:

Nick BrigmanPhone: 888-771-3343 Email: ir@edgeti.com

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.

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, completion of due diligence by the lender, 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 continued availability of capital and financing, the impact of viruses and diseases on the Company's ability to operate, competition and general economic, 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.

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