#AIEye #Podcast 518: GBT (OTCPINK: $GTCH) Begins Development of Long-Range Radio System for #Telemedicine and Open Text Corporation (NasdaqGS: $OTEX) Launches BrightCloud #Cloud Service Intelligence
Global
#AI in #Retail Market to Register CAGR of >30% from 2021-2027
Point Roberts WA, Vancouver BC – February 5, 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).
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqGS:OTEX)
GBT Technologies Inc. (OTC PINK:GTCH) has begun development of a long range radio system
targeting global communication for remote telemedicine. This will involve an
ultra-long-range radio system working with the company’s qTerm human vital
signs device “to enable data and audio communication for long distances.” GBT’s
CTO Danny Rittman explained:
"Imagine
a mountain climber somewhere in the Himalayas that encountered a health-related
issue and needs an immediate physician consultation. Obviously, there is no
conventional communication at this location and even a satellite phone can
maintain near-continuous, delayed global coverage at times. With this system
the climber will be able to take vitals using a qTerm device and send the
results to a physician in New York city in real-time. Since the technology is
designed to be bi-directional we envision the physician being able to advise on
further steps to assist with the health emergency. In addition, a full audio
communication can be established with the physician via this channel."
Open Text Corporation (NasdaqGS:OTEX)
has announced the release of BrightCloud Cloud
Service Intelligence, which according to the press release enables “Cloud
Access Security Brokers (CASB) and other security and technology vendors to
enforce data-centric security policies and prevent unwanted interactions with
cloud services and associated applications.” OpenText Chief Product Officer
Muhi Majzoub explained:
"The
risks in securing cloud applications are fairly straightforward; if IT doesn't
know about an unsanctioned application or service, they can't adequately
protect it or the data it accesses and stores. Modern user practices, tools and
remote work are demanding a new era of real-time visibility. Which is why
real-time threat intelligence is built into this new cloud-specific solution,
utilizing over 10 years of innovation at the forefront of AI and ML."
Global
AI in Retail Market to Register CAGR of >30% from 2021-2027
A report published by Global Market Insights finds that the global
AI in Retail market, which exceeded $2 billion in 2020, will register a
compound annual growth rate (CAGR) of over 30 percent in the forecast period
2021-2027. An excerpt from the report summary reads:
Growing
investments in AI technology to develop innovative applications for improving
retail customer experience are driving the industry growth. These increasing
investments are attributed to the widespread applications of AI technology,
which include advanced analytics, machine learning, deep learning, object
recognition, and other cognitive solutions.
Sam Mowers, Investorideas.com
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About
GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development-stage company
which considers itself a native IoT creator, developing Internet of Things
(IoT) and Artificial Intelligence (AI) enabled mobile technology
platforms. GBT has a portfolio of
Intellectual Property that, when commercialized, will include smart microchips,
mobile and security applications and protocols, and supporting cloud
software. GBT’s system envisions the
creation of a global mesh network. The
core of the system will be its advanced microchip technology that can be
installed in any mobile or fixed device worldwide. GBT envisions this system as
a low-cost, secure, private mesh network between any enabled devices, providing
shared processing, advanced mobile database management/sharing and enhanced
mobile features as an alternative to traditional carrier services.
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