Digital Twins

Search documents
The AI Revolution in Oil & Gas: A New Era of Smart Energy
ZACKS· 2025-06-30 13:36
Key Takeaways The oil and gas industry is in the middle of a massive digital overhaul. Artificial intelligence (AI) is rapidly changing everything, from finding new resources and drilling wells to managing production and day-to-day operations. Facing rising costs, unpredictable markets, and pressure to cut emissions, energy companies are increasingly turning to AI to boost efficiency, increase output, and enhance safety. What began as a cautious approach to AI has quickly become a full-on sprint towards dig ...
Edge Total Intelligence Recognized in the Gartner Hype Cycle for the Future of Enterprise Applications, 2024
Newsfile· 2025-06-12 07:01
Edge Total Intelligence Recognized in the Gartner Hype Cycle for the Future of Enterprise Applications, 2024$32B Global IT Services Analyst, Gartner (IT), Provides Guidance on FutureJune 12, 2025 3:01 AM EDT | Source: Edge Total Intelligence Inc.Arlington, Virginia--(Newsfile Corp. - June 12, 2025) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5i) ("edgeTI", "Company"), a leading provider of real-time digital twin software, announces the Company was Recognized by Gartner® ( ...
Parsons (PSN) FY Conference Transcript
2025-06-03 17:20
Parsons (PSN) FY Conference June 03, 2025 12:20 PM ET Speaker0 Microphone is working, but if it's not, I'll just shout. So good good afternoon. I'm Louis DePalma. I cover aerospace and defense and smart city technologies on William Blair's equity research team. This is the first day of the forty fifth annual William Blair Growth Stock Conference. We're pleased to be hosting a thirty minute, mostly presentation, with the Parsons management team. And joining me today are Chair and CEO, Carrie Smith, and Head ...
Jacobs & NVIDIA Partner for AI Factory Digital Twins Blueprint
ZACKS· 2025-05-20 17:41
Jacobs Solutions Inc. (J) has collaborated with NVIDIA Corporation (NVDA) to advance data centers for NVIDIA Omniverse Blueprint for AI factory digital twins, through NVIDIA's Omniverse Blueprint.The NVIDIA Omniverse Blueprint for AI factory digital twins is a blueprint that helps to improve the design, simulation, deployment and operations of AI factories.Jacobs & NVIDIA’s PartnershipThis strategic collaboration will make life easier for engineering teams as they will be able to design, simulate and optimi ...
Edge Total Intelligence Recognized in the Gartner(R) Hype Cycle for Power and Utility Industry IT, 2024
Newsfile· 2025-05-08 07:01
Core Insights - Edge Total Intelligence Inc. has been recognized as a Sample Vendor in the Digital Twins category by Gartner in its Hype Cycle for Power and Utility IT, 2024 [1][4] - The report emphasizes the necessity for power and utility companies to adopt digital technology to ensure affordable and sustainable services, providing insights for CIOs to align technology investments with business goals [2][4] Company Overview - EdgeTI specializes in real-time digital twin software, which creates composite views of industrial assets and integrates existing technology with digital innovations [4][9] - The company's edgeCore™ software enhances decision-making by uniting authoritative information with control systems across various domains, leveraging generative AI and machine learning [5][9] Industry Context - Digital twins are being utilized by enterprises to accelerate business processes and contribute to machine learning and GenAI foundation models, leading to improvements in cost optimization and new revenue models [4][6] - The opportunity for digital twins extends beyond traditional technology boundaries, allowing the power and utility industry to utilize diverse energy forms and IT infrastructure [6] Stock Options Announcement - The company has granted 250,000 stock options to its director, officer, and consultant, exercisable at CAD$0.39 per share for five years, with vesting occurring in equal tranches [7]
Palantir Reinvents Wendy's Supply Chain Network, Walgreens' Operations
PYMNTS.com· 2025-04-29 20:28
Highlights Palantir uses digital twins to unify fragmented data sources from retail operations at Wendy’s and Walgreens, giving the companies with real-time visibility and AI-driven decision making. Wendy’s slashed its manual workload using Palantir’s AI platform, which resolved a syrup shortage across 6,450 restaurants in just five minutes instead of a full day. Walgreens reduced the time used for tasks by 30% through intelligent workload routing using a digital twin, scaling from a 10-store pilot t ...