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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Thinking about the EV Charging App Opportunities
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Post by Oden6570 on Feb 15, 2022 5:06am

Thinking about the EV Charging App Opportunities

I am not to sure how Apps make there money however I assume that fees are paid for listing and perhaps transaction fees. Perhaps someone can explain this as this NR does not indicate how DM will generate $$$. With that being said I am left pondering the oppurtunities if for instance as the NR says the app will identify recreational facilities nearby to wait while charging. Well the same premise can be taken for say long vehicle trips , hotels , restaraunts , cultural sites etc ... Al could say offer deals to app users to drive commerece. So if my thinking is accurate then as Marshall stated Everthing is possible ! I would appreciate others inputs on revenue and how it may be generated. Perhaps at next discord we can ask MG to share the ned version of app how does DM envision the revenue Generation aspect ?

Toronto, Ontario--(Newsfile Corp. - February 8, 2022) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that it has completed the initial stages of its EV project that utilizes its proprietary AI engine to address the EV charging market. The focus on the EV charging market will help diversify Datametrex's revenue base while providing exposure to a growth sector.

According to the latest report by Allied Market Research titled - Electric Vehicle Charging System Market by product type, mode of charging and charging voltage: Global Opportunity Analysis and Industry Forecast, 2021-2030, the market was estimated at $4.26 billion in 2020 and is expected to register a CAGR of 26.2% till 2030.

The App is using the company's proprietary AI and will work with both commercial and privately controlled charging stations.

  • In the case of privately owned charging stations (e.g. strip malls, people's houses), individuals will be able to sign up as a provider of electric charging service(s). Individual providers will be able to set available times, and any other conditions they see fit for using their facilities.
  • In the case of commercially controlled charging station networks, the app will monitor these networks for their availability, charging rates, costs, etc.
  • In addition to providing the user of the app with the most economical charging station available, the app will advise the user of the best course of action to charge their vehicle based on these factors:
    • Time
    • Charging cost
    • Additional duration of travel involved
    • Charging speed
    • Destination (if known) and additional amenities provided
    • Entertainment options nearby while you charge

"Being able to utilize our technology in an emerging market like EV charging is exciting and represents a potential new segment for DM with potentially significant upside," said Marshall Gunter, CEO of the Company.

Datametrex will provide details of this new initiative as it progresses at later date.

Comment by MaterialWorld on Feb 15, 2022 7:01am
Datametrex  App/AI charging System must be worth ( minimum )  hundreds of millions of Dollars on a global scale when all is said and done. Now, throw in Datametrex AI SMART Tech contracting to NATO through Global Governments and Military contracts......This Technology is litterally a military weapon of war. Cybor Warfare. How much is this weapon worth. I see something very, very, big ...more  
Comment by Investor10X on Feb 15, 2022 9:37am
I can see DM's EV App being integrated into the infotainment system of a car.  Car companies around the world would pay a fee to integrate it and a yearly fee for DM to maintain and update the software for the app.  Not sure what something like that would be worth or if that's how it would be implemented.  We don't know what company has requested DM to work on this ...more  
Comment by Markhamjohn on Feb 15, 2022 10:05am
Investor10X, I am in the process of picking up a new electric car ( Hyundai Ioniq 5). In looking in to this I have found that most charging companies and car companies offer software that to varying degrees manages the charging function. In Hyundai's case they load "Blue Link" software and it is usually paid by the car company during the warranty period. Currently, after the " ...more  
Comment by fearlessggg1962 on Feb 15, 2022 10:56am
@investor10X My two bits of info to add to your comments.... If Dm was to try to penetrate that infotainment system of a car they would have to tie it in to Blackberry's QNX operating system which is already into most car manufacturer's vehicles, it has been installed in Millions and millions of vehicles already because Blackberry kept the patent on their famous encrypted cellular phone ...more  
Comment by Aiking on Feb 15, 2022 12:23pm
@Investor10x, @fearless and @markjohn: I'm pretty sure the EV project will be gigantic to DM, as their Ai will help to solve optimization problems with route planning and charging opportunities. This is what their Ai is truely capable of, as it is all unstructured data! By the way, here you can find Apps Hyundai is using right now: https://www.hyundaicanada.com/en/alternative-powertrain ...more  
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