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Artificial Intelligence Technology Solutions Inc AITX

Artificial Intelligence Technology Solutions Inc. is engaged in the delivery of artificial intelligence (AI) and robotic solutions for operational, security, and monitoring needs. The Company is focused on applying advanced AI-driven technologies, paired with multi-use hardware and supported by custom software and cloud services, to intelligently automate and integrate a variety of high-frequency security, concierge, and operational tasks. It owns and operates three wholly owned subsidiaries, which are Robotic Assistance Devices, Inc. (RAD I), Robotic Assistance Devices Group, Inc. (RAD G) and Robotic Assistance Devices Mobile, Inc. (RAD M). RAD I own all intellectual property related to RADSoC, RAD Mobile SOC, RADGuard, and their core operating architecture. RAD G is focused on the development of advanced software and electronics solutions. RAD M is focused on the development of autonomous mobile security and facility management devices, both ground-based and airborne.


OTCPK:AITX - Post by User

Post by qualitystocks.neton Jul 06, 2015 4:45pm
20 Views
Post# 23895925

On the Move Systems (OMVS) Highlights Key Trucking Industry

On the Move Systems (OMVS) Highlights Key Trucking Industry
On the Move Systems (OMVS) Highlights Key Trucking Industry Survey as Validation for Shared Economy Model
 
On the Move Systems, exploring new online tools to reduce costs and increase convenience in the tourism and travel industry and exploring new opportunities in trucking, today pointed to a recent industry survey as validation of the company’s revolutionary shared economy business model.
 
A respected industry survey revealed truckers are actively looking for ways to increase route optimization, which is a major selling point of OMVS’s upcoming “Uber-for-Trucking” platform.
 
According to GE Capital’s recently released “Trucking Industry Economic Outlook Survey,” national and local carriers are finding fewer idle trucks available for capacity; as a result, “companies have gotten smarter about the contracts and the routes that they take, and how they match those with the businesses available.”
 
OMVS CEO Robert Wilson explained how this finding complements OMVS’s shared economy business model now under development.
 
“The GE Capital survey shows truckers are putting more time and effort into selecting routes in order to optimize their business and profits,” Wilson said in the news release. “And our own market research matches the survey’s results. Both show there is a great need in the industry for our shared economy model and when it is released, we’re optimistic our revenues will throttle up quickly as truckers discover how this unique platform will positively impact their business.”
 
The GE Capital survey also revealed other encouraging industry signs that support OMVS’s shared economy model. Nearly half of all respondents believed the trucking business will expand in the next 12 months while more than 25 percent expect to increase their capital spending in the next year; and just under 50 percent planned to add new equipment.
 
These findings are highly encouraging to OMVS, which continues to recruit trucking partners for its online platform as analysts predict sales in the shared economy forecast to reach $335 billion by 2025.
 
For more information, visit www.onthemovesystems.com
 
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