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The commercial 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 line with Past Limits, the brand new acquisition will assist speed up product progress and drive digital transformation in new markets.
Past Limits is working in 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 imagine 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 sort out the hardest challenges and assist people make quicker, extra environment friendly choices to handle danger 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 carry 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 primary 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 because of its tight ERP integration.
By this course of, corporations can obtain improved entry, visibility, and management over information and paperwork. It additionally improves processes for purchasers, 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 status, product choices, and constant buyer base, Altec supplies new product and market alternatives whereas additionally accelerating progress.
Don Howren is President and Chief Working Officer for Altec.
“We’re excited concerning the subsequent stage in our progress with Past Limits, particularly as we share a typical give attention to delivering long-term worth to our prospects,” mentioned Howren. “Our partnership with Past Limits will assist us additional energize our enterprise and speed up alternatives, and I stay up for working with our administration crew and devoted workers to succeed in the subsequent degree of our firm’s progress. In that context, we stay centered on creating world-class merchandise and offering unequalled customer support and assist.”
Altec will preserve 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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