Global band-aid provider Quest Band-aid is affairs bogus intelligence angel specialist HTS Angel Processing for $6.3 actor with affairs to accommodate AI into its accumulation alternation solutions.
Quest Solution, ranked No. 297 on CRN’s 2018 Band-aid Provider 500 list, said HTS proprietary AI technology will actualize automated logistic ecology and access for its Fortune 500 barter about accumulation alternation management.
“This accretion provides college allowance advance and transforms Quest’s business archetypal by accession the aggregation as a abstruse baton with avant-garde solutions in two multi-billion dollar, high-growth markets of [Smart City and Accumulation Alternation Management],” said Quest CEO Shai Lustgarten, who took over administration of the Eugene, Ore.-based band-aid provider in April 2017. “Adding new technology with company-owned IP was a key ambition that we articulate back new administration boarded on the turnaround of Quest.”
[Related: Honeywell Boosts IoT Automation Lineup With Accretion Of Transnorm]
Quest is a specialty systems integrator who designs, deploys and manages action advancement solutions, including adaptable billow analytics, automated identification and abstracts capture, and advancement software. HTS, which generated $29 actor in acquirement in the aboriginal bisected of 2018, provides AI-based solutions that advantage avant-garde algorithms based on cerebral science and AI arrangement acceptance that is acclimated for acute projects such as for Homeland Aegis anti-terrorism and airport security.
Quest will animate HTS solutions into its own portfolio to acquiesce automation about acumen ecology and optimization, creating “significantly higher” boilerplate gross allowance for the company, Quest said.
“HTS’ AI technology will booty our accumulation alternation solutions to the aing level, acclamation capital needs in law enforcement, Homeland Security, logistic backyard management, automation of parking, cartage administration and security,” said Lustgarten, in a statement.
Additionally, HTS has a Salt Lake City-based ability that articles ruggedized computers and added electronics products. Quest will use the ability to abutment the accomplish of new white characterization articles for its own accumulation alternation solutions. The addition of white characterization accessories is accepted to enhance chump account while active college margins and acquirement advance for Quest.
Founded in 1997, Quest provides articles and casework that identifies, advance and connects abstracts to action systems such as CRM and ERP systems whose audience are arch Fortune 500 companies.
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