RE:Step 1 = Proof of concept. Forgot a little detail....
Lotte has revenues of $60 Billion & 90 Divisions.
Samsung has revenues of $100 Billion & 200 Divisions.
Total 290 Divisions. Will be very interesting to see how many will be in need of Datametrex AI technology.
AI Revenues are definitively coming.
wildbird1 wrote: In 2019 & 2020 Datametrex did install its AI technology in a few Lotte & Samsung divisions for proof of concept ( that was before the shut down caused by the pandemic).
Yes AI revenues were down by 40% in Q1, 2021.
In 2020 and Q1, 2021 traveling was a chalenge, it should be much better from now on.
DM AI cybersecurity programs are very complex and DM has to send a computer programmer to each clients division that need DM AI tech.
Each division because of its specificity could be in need of its own customised AI computer program. New traveling rules in 2021 should make that part much easier for Datametrex programmers
Step1: Was to prove to a few Lotte & Samsung divisions with a Pilot projects that DM AI tech work.
Note: In a PressRelease Jan,2021 DM said " DM has renewed and extanded its sale agreements with Lotte (proving that DM AI tech work).
Step 2: Will be to implement DM AI tech in every Lotte & Samsung divisions that could profit from it.
Nato,US & Canadian Governments contracts were also Pilots projects, if proof of concept work (like Lotte they should) expect these contracts to be renegociated at a higher price than the pilots.
M.Gunter said about AI " We are hiring, expect a significant increase in AI verticals".
Having proof of concept from Big Kahunas like Lotte, Samsung, Nato, US & Canadian Government could make it much easier to sign on new clients.
The futur of DM Ai tech look promising, before long DM will be able to rely on its AI tech for big revenues growth.