#AIEye
#Podcast 616: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $CGI) (NYSE: $BMO)
(TSX: $NA.TO)
GBT
Roadmaps Wearable qTerm Device, and CGI Inc. Partners with Canadian Banks for
Intelligent Automation Pilot
Global
#AI Market to Register 40.2% CAGR from 2021-2028
Point Roberts WA, Vancouver BC – October 20, 2021 – Investorideas.com (www.investorideas.com), a global investor news source covering
Artificial Intelligence (AI) brings you today’s edition of The
AI Eye- watching stock news, deal tracker and advancements in
artificial intelligence – featuring technology company GBT
Technologies Inc. (OTCPINK:GTCH).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/102021-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/10201GTCH-CGI-BMO-NA.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:CGI) (NYSE:BMO) (TSX:NA)
GBT Technologies Inc. (OTC PINK:GTCH) has roadmapped a wearable version of its qTerm
human vitals device. Aimed to measure human vitals with the touch of a finger,
the qterm’s prototype version is now under being manufactured, and plans to
start the wearable version are slated for next year. Danny Rittman, CTO of GBT,
said:
"It
is only natural to create a wearable version of qTerm technology. One of the
major advantages of a wearable form of qTerm is its capabilities to take health
related measurements; independently, and without the user's awareness, this
feature can be enabled upon the user's permission. We see this feature as a
great advantage; especially, when users may forget to take their scheduled
vitals, not aware of a potential problem. The wearable version of qTerm will be
equipped with the same AI system for on-going health monitoring, and it will
learn about a user's health condition and perform scheduled checks to ensure
good health. These checks will be executed throughout the day or night and in
case of abnormalities the user will be alerted, and can be an efficient health
monitoring system for the elderly; 24/7. In qTerm's finger-touch version the
responsibility to perform a vitals check lies on the user remembering to take
these on time. However, with the wearable device the checks will be
automatically executed throughout the day in case the user forgets their daily
health-related duties, this system will do it for them. qTerm wearable will
include a website synchronized mobile application for results representation.
This advanced mobile application will make the qTerm wearable device a personal
health monitoring system constantly on the watch, checking, analyzing and
advising/alerting about any health concerns.”
CGI Inc. (NYSE:CGI) has partnered with the Bank of
Montreal (NYSE:BMO) and the National Bank of Canada (TSX:NA)
to pilot the use of intelligent process automation in capturing, identifying
and classifying documents as part of the CGI Trade360 global trade platform's
transaction flow. CGI is also partnering with Conpend, described as “a leading
provider of artificial intelligence solutions for trade finance processes,” for
the pilot project. Marc Smith, founder and director of Conpend, said:
"Via
our Trade AI application, Conpend provides digital transformation software to
the trade finance industry – automating the processing of both digital and
paper-based trade documentation. Working collaboratively with CGI Trade360, we
are able to substantially and rapidly extend our reach to global financial
institutions, many of whom have been struggling with the manual processing of
documentation for decades."
Global
AI Market to Register 40.2% CAGR from 2021-2028
A report published by Up Market Research finds that the global AI
market, which was valued at $62.35 billion in 2020, will register a compound
annual growth rate (CAGR) of 40.2 percent in the forecast period 2021-2028. An
excerpt from the report summary reads:
Tech
giants have been directing continuous research and innovation to drive the
adoption of new technologies across a variety of industries, including
automotive, healthcare, finance, and manufacturing. Technology has been an
integral part of these industries for centuries, but Artificial Intelligence
has put technology at the heart of many organizations. AI is now being
integrated into almost every program and apparatus, from autonomous vehicles to
life-saving medical equipment. AI has been proven to be the key element of the
digital revolution.
Sam
Mowers, Investorideas.com
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other editions of the AI Eye
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