We are IoT (Internet of Things) believers. Everyday we challenge ourselves to come up with new and better ways to get retail data into the hands of those who need it.
Big Data and Artificial Intelligence (AI) Big data analytics is the process of examining large and varied data sets to uncover hidden patterns, unknown correlations, market trends, customer preferences and other useful information that can help organizations make more-informed business decisions.
Big data analytics can point the way to various business benefits, including new revenue opportunities, more effective marketing, better customer service, improved operational efficiency and competitive advantages over rivals.
International Data Corporation says that worldwide revenues for big data and business analytics will grow from $130.1 billion in 2016 to more than $203 billion in 2020,
The availability of very large data sets is one of the reasons Deep Learning, a sub-set of artificial intelligence (AI), has recently emerged as the hottest tech trend, with Google, Facebook, Baidu, Amazon, IBM, Intel, and Microsoft, all with very deep pockets, investing in acquiring talent and releasing open AI hardware and software.
DATAMETREX HAS TWO DISTINCT DIVISIONS
Datametrex is focused on the collection of Big Data from retail point of sale (POS) terminals. The Company, through its DataTap technology offers a plug and play solution for retail vendors that extends the life of their POS terminals without having to upgrade to new cloud-based devices. DataTap captures all data sent from the POS to the receipt printer and/or scanner and sends it to the cloud, so it can be presented in a dashboard for management to monitor key pertinent information. The collected data will be aggregated on the Company’s servers to be repackaged and sold.
Through Datametrex’s recent acquisition, Nexalogy, unlocks valuable insights from social media data. Through its proprietary semantic clustering algorithms, it detects weak signals in unstructured text that aren’t available through traditional business intelligence technology. This technology makes data more relevant and is the missing link in providing actionable, social media intelligence to governments and organizations all over the world.
||Andrew Ryu is a seasoned and experienced entrepreneur and operator in public and private companies. He is a founder and CEO of TLA Inc., president of business development of Archer Education Group, and founder and former CEO of Loyalist Group Limited.|
||Jeff brings over 18 years of professional experience in the Canadian Capital Markets, largely focusing on raising capital for micro-cap and small-cap companies. Jeff has been involved in raising in excess of $500M for public and private companies.
||Jonathan Hobbs has been involved in the development and implementation of electronic information systems for over 30 years. As a serial entrepreneur and inventor he has created many new technologies for the collection, processing and dissemination of electronic data.
||Mr. Clifford has over twenty-five years of corporate management and consulting experience with numerous public and private companies in a wide variety of industries. Mr. Clifford was the Chairman from 1996 to 2006, Chief Executive Officer (“CEO”) from 1999 to 2006 and a director from 1996 to 2006 of Cash Canada Group Ltd.
- Exchange & Symbol: TSX-V: DM:CA
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