edgeTI™ and Grokstream Form Strategic AIOps Partnership to Expedite AI-Driven Transformation in IT Operations
10 May 2023 - 6:58AM
Edge Total Intelligence Inc. (“edgeTI”) (TSXV:CTRL; OTC: UNFYF;
FSE:Q5i), a leader in real-time digital operations software and
Grokstream LLC., a true innovator in artificial intelligence for IT
operations (AIOps), today announced a strategic partnership to
expedite AI-driven transformation in IT operations by providing
Grok™ AIOps users an intuitive user experience to understand and
act on Grok insights.
A Media Snippet accompanying this announcement is
available by clicking on the image or link below:
The strategic partnership leverages edgeTI’s edgeCore™ platform
to: a) expand integrations with enterprise IT management
applications, b) orchestrate automation and workflow engines, and
c) drive greater user acceptance through intuitive user
experiences. edgeCore’s secure interaction layer allows innovative
AI-offerings such as Grok AIOps to securely ingest data from
virtually any IT Operations (ITOps) solution to reduce mean time to
identify (MTTI) and mean time to resolve (MTTR) resulting in a
three to five times increase in ROI for all ITOps solutions in
use.
Grokstream CEO, Casey Kindiger, explains that “there are various
types of AI offerings in the market, and Grok AIOps represents the
only solution that fully leverages AI to transform IT and Network
Operations. Unlike rules-based and analytics-based AIOps solutions,
Grokstream's true AI-driven approach is efficient and effective,
automatically adapting to changes in customer environments without
the use of rules or offline training and analysis.”
As a leading provider of digital operations, edgeTI has
partnered with Grokstream to deliver a scalable AIOps experience
that allows IT and network infrastructure to be resilient,
proactive, and even self-healing. This partnership will provide a
powerful solution to the central challenges of IT operations in the
new landscape, enabling organizations to optimize their operations
and stay ahead of the curve.
Under the partnership, Grokstream has licensed edgeCore to
accelerate the adoption of its self-healing AIOps solution. The two
companies are developing a combined offering that they will
comarket to their respective customer bases.
“We are thrilled to have Grokstream join our growing family of
AI-powered solutions that are enabled for greater success by our
edgeCore platform,” added Jim Barrett, CEO of edgeTI. “The AIOps
space is well-known to us, as are the founders, making this an
excellent fit.”
About GrokstreamGrokstream is a leading SaaS
AIOps provider that enables organizations to realize the benefits
of machine learning in IT Operations at scale. With Grok™ AIOps,
the company’s flagship AIOps product, Grokstream is applying a new
breed of machine learning to IT service management processes. Grok™
AIOps uses continuous inline learning by streaming log, event, and
telemetry data to detect incidents early in their lifecycle and
outperform other AIOps and observability solutions.
To view the demo, please visit:
https://vimeo.com/grokaiops/grokdemoFor more information on Grok,
please visit:Website: https://grokstream.com/LinkedIn:
www.linkedin.com/company/grokstreamTwitter:
https://twitter.com/grokstream
Josh Kindiger, President, GrokstreamPhone: (214) 274-8292 Email:
josh@grokstream.com
About edgeTIedgeTI helps customers sustain
situational awareness and accelerate data-driven action with its
real-time digital operations software, edgeCore™. Global
enterprises, service providers, and governments are more profitable
when insight and action are united to deliver fluid experiences via
the platform's low-code development capability and composable
experiences. With edgeCore™, customers improve their margins and
agility by rapidly transforming siloed systems and data across
evolving, complex 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 on edgeTI contact: Nick BrigmanPhone:
(888) 771-3343 Email: ir@edgeti.com
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Forward-looking Statements
Certain statements in this news release are
forward-looking statements or information for the purposes of
applicable Canadian and US securities law, including statements
regarding the edgeTI’s beliefs that edgeTI's products will be
attractive to prospective customers and investors, the impact of
edgeCore™ on customer businesses, improvements in customers’
margins and agility. 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 continued availability of
capital and financing, the impact of Covid-19 or other 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.
Edge Total Intelligence (TSXV:CTRL)
Historical Stock Chart
From Nov 2024 to Dec 2024
Edge Total Intelligence (TSXV:CTRL)
Historical Stock Chart
From Dec 2023 to Dec 2024