what you need to understand about the press release:
The newly established partnership with Grokstream focuses on AI for IT Operations (AIOps), a submarket that totaled $6.7B in 2021 and is projected to reach $80 billion by 2032, according to Future Market Insights. This partnership represents a significant opportunity for edgeTI to capitalize on this rapidly growing market.
- Grokstream is a recognized pioneer in AI for IT Operations, and their leadership is well-known to edgeTI. We are confident that this partnership will enable us to leverage their expertise to drive innovation and deliver even greater value to our customers.
- This partnership marks the first OEM agreement with an AI company. Sales by Grokstream include the edgeCore subscription
- edgeTI has extensive experience in the AIOps space and has successfully integrated with other leading public AIOps companies such as DataDog, Splunk, and Dynatrace. This positions us well to capitalize on the growth potential of this market and to deliver innovative solutions to our customers.
The partnership has tremendous potential and will drive significant growth and value for edgeTI, customers and shareholders.
Grokstream is a leading SaaS AIOps provider that enables organizations to realize the benefits of machine learning in IT Operations at scale.
https://ca.finance.yahoo.com/news/edgeti-grokstream-form-strategic-aiops-205800543.html