#AIEye
#Podcast 530: GBT (OTC: $GTCH) Begins Developing #Smartphone App Infrastructure
for qTerm Device, Parsons Corporation (NYSE: $PSN) Developing and Applying #AI
Global
#AI in #Retail to Reach $6.762 Billion by 2027
Point Roberts WA, Vancouver BC – March 10, 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/2021/031021-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/03101GTCH-PSN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:PSN)
GBT Technologies Inc. (OTC PINK:GTCH) has started development of a smartphone mobile
application infrastructure for the qTerm human vital signs device, targeted to
work with a long-range radio system. The following excerpt from the press
release provides a summary and status of the qTerm device:
Upon
development, a future generation of the qTerm will be targeted to connect with
a long-range mobile unit via Low Energy Bluetooth, transmitting a user's vital
information. The development of the radio system contemplates sending the data
to a base unit, and repeaters, if necessary. It is contemplated that the data will
be then transferred to the AI system through a backend program. The backend
program will be also responsible for communicating the data to a mobile
application (iOS and Android) and a web application, maintaining full
synchronization. It is the goal to have this entire communication process be
secured within the radio and internet channels including advanced encryption
protocols. GBT Tokenize's qTerm is aimed to measure human vitals with a touch
of a finger. The device will be accompanied by a smartphone app and
synchronized web application to keep a history and provide analytics for user's
records. The development contemplates the device providing a geographical
location which can be essential in case of alerting emergency response
services. The company is aiming qTerm for telemedicine including remote
locations where conventional communication services are not available. The
mobile application architecture is aimed to identify the user's location, with
or without the use of GPS, working with the long-range radio. Users will be
able to send vitals via qTerm mobile application, including their geographical
location, and communicate via audio using the radio system anywhere around the
globe.
Defense, intelligence, and security tech firm Parsons
Corporation (NYSE:PSN) has announced that it is developing and applying AI
“across a wide array of federal solutions and critical infrastructure projects
to solve our customer's most challenging problems, produce actionable
intelligence, and improve the user experience.” The company’s CTO, Ricardo
Lorenzo, explained:
"Parsons'
artificial intelligence capabilities align with our customer's vision by
improving situational awareness, decision-making, the safety of operating
equipment, streamlining business processes, and protecting critical
infrastructure. By combining our AI technical expertise with our operational
understanding of the all-domain environment and critical infrastructure
markets, we're working closely with our customers to develop leap-ahead
technology that empowers operators at the tactical edge and beyond. We're also
developing differentiated capabilities that ensure the efficiency and security
of existing energy and water networks."
Global
AI in Retail to Reach $6.762 Billion by 2027
A report published by Acumen Research and Consulting finds that the
global AI in Retail market is projected to reach $6.762 billion by 2027,
registering a compound annual growth rate (CAGR) of 34.9 percent in the
forecast period 2020-2027. An excerpt from the report description outlines the
roles played by AI in the market:
[The]
integration of AI in inventory management eliminates the inefficiencies in the
current processes by enabling a predictive approach and reducing errors by
automating operations. The incorporation of AI robots proves a powerful asset
in warehouses. These robots are equipped with other advanced technologies, such
as smart sensors and computer vision, to identify the shortest path, detect
obstacles, and label items with the highest accuracy. As AI helps to balance
demand and supply, products can be delivered faster to a consumer base. AI can
also be used in logistics such as autonomous vehicles for delivery, and
carrying out backend repetitive tasks such as data entry and Robotic Process
Automation (RPA) tools. Thus, AI has the capability to provide an end-to-end
automation solution, specifically for e-commerce players.
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 of Internet of Things (IoT), Artificial Intelligence (AI) and
Enabled Mobile Technology Platforms used to increase IC performance. GBT has
assembled a team with extensive technology expertise and is building an
intellectual property portfolio consisting of many patents. GBT’s mission, to
license the technology and IP to synergetic partners in the areas of hardware
and software. Once commercialized, it is GBT’s goal to have a suite of products
including smart microchips, AI, encryption, Blockchain, IC design, mobile
security applications, database management protocols, with tracking and
supporting cloud software (without the need for GPS). GBT envisions this system
as a creation of a global mesh network using advanced nodes and super
performing new generation IC technology. The core of the system will be its
advanced microchip technology; technology that can be installed in any mobile
or fixed device worldwide. GBT’s vision is to produce this system as a low
cost, secure, private-mesh-network between any and all enabled devices. Thus,
providing shared processing, advanced mobile database management and sharing
while using these enhanced mobile features as an alternative to traditional
carrier services.
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