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RNS Number : 2062C BATM Advanced Communications Ld 21 February 2022
21 February 2022
BATM Advanced Communications Limited
("BATM" or "the Group")
Strategic Partnership for Edgility with Advantech
The Group's virtual networking and edge computing solution to be pre-installed
on Advantech network appliances
BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for
networking solutions and medical laboratory systems, announces that its Telco
Systems subsidiary has partnered with Advantech (TWSE: 2395), a global leader
in industrial IoT, to provide the Group's Edgility virtual networking and edge
compute operating system pre-installed on a variety of Advantech's universal
edge network appliances.
The partnership provides a further route-to-market for the Group's Edgility
solution, and a competitive advantage for the Group in targeting Advantech's
customer base as well as for both companies targeting new customers for the
joint solution. Purchasers of an Advantech universal edge network appliance
will contract directly with BATM to use the Edgility solution.
By bringing together BATM's software with Advantech's hardware, enterprise and
service provider, customers can benefit from simpler and streamlined
deployment, management and orchestration of networked devices and
applications, whilst being cost-effective. The pre-installed offering also
provides a wide range of preconfigured solutions optimised to support maximum
functionality at the edge.
Edgility is BATM's operating system for the creation of virtual networks and
Edge Computing, which is a requirement for IoT, 5G and enterprise
applications. The Group's Telco Systems subsidiary, which offers Edgility, has
recently been named as one of the 100 edge companies to watch in 2022 by STL
Partners, a UK-based telecoms research and consulting firm. Find out more here
(https://stlpartners.com/articles/edge-computing/edge-computing-companies-2022/)
.
Dr Zvi Marom, CEO of BATM, said: "We are delighted to be partnering with
Advantech to provide our Edgility solution pre-installed on their network
appliances, which will enable easier and faster adoption by customers. It
reflects the strength of our offering in the rapidly growing Edge Computing
market, which will enable Advantech to differentiate their products. With
annual revenue of over US$1.7bn and selling globally from offices in over 20
countries, Advantech is a strong partner, and this collaboration enhances our
competitive position and offers a further route-to-market. This is also a
further example of our growth strategy across our business to accelerate the
adoption of our solutions via collaborations with established partners. We
look forward to working with Advantech and to continuing to expand our partner
base."
Enquiries:
BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer +972 9866 2525
Moti Nagar, Chief Financial Officer
Luther Pendragon
Harry Chathli, Claire Norbury +44 20 7618 9100
About Advantech
Founded in 1983, Advantech is a leading provider of trusted and innovative
products, services, and solutions. Advantech offers comprehensive system
integration, hardware, software, customer-centric design services, embedded
systems, automation products, and global logistics support. We cooperate
closely with our partners to provide complete solutions for a wide range of
applications in diverse industries. Advantech's mission is to enable an
intelligent planet by developing automated and embedded computing products and
solutions that facilitate smarter working and living. With Advantech products,
the application and innovation potential becomes unlimited. (Corporate
website: www.advantech.com
(https://www.advantech.eu/resources/news/www.advantech.com) )
Forward-looking statements
This document contains forward-looking statements. Those statements reflect
the current opinions, evaluations and estimations of the Group's management,
and are based on the current data regarding the Group's business as is
detailed in this document and in the Group's periodical, interim and immediate
reports. The Group does not undertake any obligation or make any
representation that actual results and events will be in line with those
statements, and stresses that they may differ materially from those
statements, due to changes in the Group's business, market, competition,
demand for the Group's products or services, general economic factors or other
factors that can influence the Group's business and results, and due to
information and factors that are currently unknown to the Group's management
and that, if known, would affect the management's opinions, evaluations or
estimations. The Group will report the actual results and events according to
its legal, accounting and regulatory obligations, and does not undertake any
other obligation to report them or their deviations from the forward-looking
statements, or to update any of the forward-looking statements in this
document or to report that it is not valid anymore.
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