Actelis Networks Reports AI Implementation Progress to Accelerate Growth and Enhance Operational Efficiency | ASNS Stock News

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20 hours ago
  • Actelis Networks (ASNS, Financial) enhances operations with AI to boost growth and efficiency.
  • AI tools integrated into software development, testing, and marketing; expansion into lead generation and sales processes planned.
  • Focus on improving operational efficiency and reducing costs through AI implementation.

Actelis Networks, Inc. (NASDAQ: ASNS), a leading provider of cyber-hardened networking solutions for IoT and broadband applications, has announced significant progress in the integration of artificial intelligence (AI) across its operational activities. The company aims to enhance growth and operational efficiency through AI implementation across its core markets: Federal/Military, Smart City/Intelligent Transportation, and Multi-Dwelling Units.

The company has successfully integrated AI tools into various areas, including software development, testing, marketing content creation, and administrative applications. Actelis plans to expand its AI capabilities further into lead generation and sales processes, which is expected to accelerate revenue growth and improve operational efficiency.

"We have successfully integrated AI tools into our software development, testing, and marketing operations," stated Tuvia Barlev, Chairman and CEO of Actelis. "We are now implementing these tools in more areas as part of our operational efficiency efforts."

The AI strategy focuses on two primary areas: portfolio development and administrative operations, alongside enhancing the time to market. This strategic approach is expected to facilitate the realization of the company’s operational goals, including cost reduction and enhanced competitive positioning.

Yoav Efron, Deputy CEO and CFO of Actelis, emphasized the importance of AI in maintaining the company's competitiveness, indicating that wide AI adoption is crucial for shareholder value.

For more detailed information on Actelis Networks and its innovative solutions, visit their website at www.actelis.com.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.