Saturday, November 26, 2022
HomeRoboticsAI-Software program Firm Past Limits Acquires Altec

AI-Software program Firm Past Limits Acquires Altec

The economic and enterprise-grade AI software program firm Past Limits has acquired Altec Merchandise, Inc., which is a number one supplier of built-in doc administration and workflow options. In keeping with Past Limits, the brand new acquisition will assist speed up product development and drive digital transformation in new markets. 

Past Limits is working in the direction of creating “world-class options for companies that enhance efficiency and improve human-decision making.”

AJ Abdallat is CEO of Past Limits. 

“At Past Limits, we consider within the energy of synthetic intelligence to amplify the skills and capabilities of individuals,” mentioned Abdalla. “Our Cognitive AI options are used throughout vitality, manufacturing, and healthcare sectors to deal with the hardest challenges and assist people make quicker, extra environment friendly choices to handle threat and drive profitability. Altec’s expertise and method to streamlined digital operations was a pure match with our method to AI, and we’re very excited to convey new worth to the market collectively.”

Altec is a supplier of highly effective and digitally built-in doc and workflow options, with DocLink being its essential product. DocLink assists corporations in managing their information, paperwork, and processes whereas additionally aiding them in digital transformation. The answer delivers main advantages measured by accelerated approval cycles, missed deadline elimination, and human error discount due to its tight ERP integration. 

By way of this course of, corporations can obtain improved entry, visibility, and management over information and paperwork. It additionally improves processes for patrons, workers, and suppliers. 

The brand new acquisition of Altec additional helps Past Limits develop strategic partnerships and integrations constructed round digital transformation and AI-readiness in lots of key sectors. With its business fame, product choices, and dependable buyer base, Altec supplies new product and market alternatives whereas additionally accelerating development.

Don Howren is President and Chief Working Officer for Altec. 

“We’re excited concerning the subsequent stage in our development with Past Limits, particularly as we share a standard give attention to delivering long-term worth to our clients,” mentioned Howren. “Our partnership with Past Limits will assist us additional energize our enterprise and speed up alternatives, and I sit up for working with our administration workforce and devoted workers to achieve the subsequent stage of our firm’s development. In that context, we stay targeted on growing world-class merchandise and offering unmatched customer support and help.”

Altec will hold providing core doc administration and workflow options on to the market, and it’ll function as a wholly-owned subsidiary of Past Limits. Monetary particulars of the transaction weren’t disclosed.



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