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Bullboard - Stock Discussion Forum Predictiv AI Inc V.PAI.H

Alternate Symbol(s):  INOTF

Predictiv AI Inc. is a Canada-based technology company. It operates in the artificial intelligence (AI) and industrial Internet of Things (IoT) markets. The Company helps businesses and organizations make smarter decisions using advanced AI, deep machine learning and data science techniques. It specializes in providing AI solutions in areas, including transportation, financial services... see more

TSXV:PAI.H - Post Discussion

Predictiv AI Inc > PAI.V POTENTIAL IS THERE .
View:
Post by Charts1 on Nov 19, 2021 1:05pm

PAI.V POTENTIAL IS THERE .

Toronto, Canada, 2021 – Predictiv AI Inc. (TSX-V: PAI; OTC: INOTF; FSE: 71TA) (“Predictiv AI” or the “Company”), www.predictiv.ai, a software and solutions provider in the artificial intelligence markets is pleased to announce that its wholly-owned subsidiary, Weather Telematics Inc. (“WTX”), has formalized a strategic product integration partnership with Propel IT Inc. (“Propel”). The new partnership will significantly enhance available real-time data to which drivers and dispatchers can access. WTX’s hyperlocal, advanced road weather hazard alert system warns drivers of impending dangerous conditions such as black ice, poor visibility and hydroplaning. 

Propel is a technology and data company that maximizes safety and efficiency in commercial fleets, who have been serving the transportation and logistics industry in the United States for more than 9 years. Propel is focused on improving driver safety, lowering insurance costs, and reducing environmental impact through fuel savings. Once commercially deployed and integrated, the Alert Fleet system will run as a SAAS model with a monthly recurring revenue component proportionate to the number of vehicles within a customer’s fleet. 

“Smarter driving to us means preventing and reducing the impact of accidents for drivers and others on the road. By integrating Alert Fleet with our existing software offerings, our users will now have access to unparalleled real-time advanced hazardous road condition alerts which greatly enhances our efforts to save lives and minimize accidents that could otherwise have been preventable,” said Michael Dieschbourg, President of Propel IT. “The goal is to constantly improve our products in order to help improve driver safety, transportation infrastructure safety and minimize supply chain disruption. Integrating Alert Fleet enhances our suite of offerings and positions us to be one of the most unique fleet safety solutions in market.”

“The demand for safer driving is always increasing and has been further heightened as critical supply chains continue to be challenged by the impact of COVID-19. Since the beginning of the pandemic, fatal accidents are actually up, while miles driven are down in the United States,” said Michael Lende, CEO of Predictiv AI. “With multiple clients in North America, Propel IT is the ideal fleet solutions company to integrate with, already having many synergistic clients built into their network. We’re very excited about the opportunity of having Alert Fleet part of a full end-to-end solution for fleet management and optimization. We look forward to working with Propel IT on Alert Fleet and other novel integrations as we continue to innovate.”

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