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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 Aug 20, 2015 6:20pm
45 Views
Post# 24037800

On the Move Systems (OMVS) Sees Opportunity to Fuel Addition

On the Move Systems (OMVS) Sees Opportunity to Fuel Addition
On the Move Systems (OMVS) Sees Opportunity to Fuel Additional Trucking Industry Growth
 
On the Move Systems’ (OMVS) upcoming “Uber-for-Trucking” on-demand platform is expected to do well, especially since the nation’s trucking industry is currently in the midst of an impressive growth spurt. The company’s platform will offer freight haulers a cutting-edge technology based solution to encourage continued growth.
 
The American Trucking Associations (ATA) recently published its U.S. Freight Transportation Forecast, which boldly predicted the industry will enjoy a robust 29 percent increase in freight volumes by 2026. “The outlook for all modes of freight transportation remains bright,” said ATA Chief Economist Bob Costello. “Continued population growth, expansion of the energy sector and foreign trade will boost trucking, intermodal rail and pipeline shipments.”
 
While the industry outlook appears stunningly bright, there is one potential dark cloud on the horizon: a continuing driver shortage. Reports estimate trucking companies currently face a shortage of 35,000 drivers.
 
“These two news items definitely indicate a real opportunity for a technology solutions company like ours,” stated OMVS CEO Robert Wilson. “The predicted freight volume increase should drive demand for our shared economy platform, as firms will want to optimize these additional loads and routes. However, they’ll need drivers to haul these additional loads and our app can help there as well in connecting companies with local independent drivers wanting to contract with carriers. Our innovative platform looks like it will debut at a very opportune time.”
 
A recent industry outlook from Frost & Sullivan predicted trucking will soon see an Uber-style transformation, where shared economy platforms and apps, like the one now under development by OMVS, will play a major role in operations and revenue-generation.
 
For more information, visit www.onthemovesystems.com
 
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