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Tuesday, August 11, 2020

#ExploringMining #Podcast Episode 91 – #Mining #Stocks News from (NYSE: $IAG) (NYSE: $SA) (TSXV: $SPOT.V) (TSXV: $AEX.V) (TSXV: $KES.V)

#ExploringMining #Podcast Episode 91 – #Mining #Stocks News from (NYSE: $IAG) (NYSE: $SA) (TSXV: $SPOT.V) (TSXV: $AEX.V) (TSXV: $KES.V)

 


Point Roberts WA, Delta BC, August 11, 2020 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/081120-Mining.mp3

 

Read this in full at http://www.investorideas.com/news/2020/exploring-mining/08111IAG-SA-SPOT-AEX-KES.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts

Listen to Exploring Mining on Spotify

 

IAMGOLD Corporation (NYSE:IAG) has announced the remaining assay results from its 2020 exploration diamond drilling program at its Nelligan joint venture project in Quebec, Canada. Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, explained:

 

"These results complement results reported earlier from the 2020 diamond drilling program, completed before our activities were suspended as directed by the Government of Quebec in response to the global COVID-19 crisis. These additional results continue to confirm continuity of mineralization from infill holes in the resource area as well as demonstrate that the mineralization and associated alteration system remains open along strike to the west outside of the current modeled resource. This extension area requires additional drilling to assess the resource potential which is an important objective of the remaining and future drilling programs. I also commend our exploration team, who with the support of our contractors and suppliers, have successfully resumed drilling activities under stringent COVID-19 safety protocols."

 

Seabridge Gold Inc. (NYSE:SA) has filed its second quarter 2020 report. Recent highlights outlined by the press release include the company’s complete “acquisition of the 3 Aces exploration project in Yukon, Canada,” the initiation of “geotechnical drill program along KSM's tunnel route,” and the initiation of “an exploration program at our Iskut gold-copper porphyry target.”

 

GoldSpot Discoveries Corp. (TSXV:SPOT) has signed an agreement with AEX Gold Inc. (TSXV:AEX) to “apply its proprietary workflow and machine learning algorithm to identify new exploration targets on AEX's license portfolio in South Greenland.”Denis Laviolette, Executive Chairman and President of GoldSpot Discoveries, said:

 

"GoldSpot continues to partner with best-in-class operators in high-impact, district size opportunities. AEX is a first mover in Greenland and plans to create shareholder value through the redevelopment of the past producing Nalunaq Gold Project while exploring a prolific land package. GoldSpot thrives in big data settings and will be working closely with AEX in the application of machine learning to delineate new and exciting targets."

 

Kesselrun Resources Ltd. (TSXV:KES) has commenced a drill program, consisting of a total of 2,500 metres, at its Huronian Gold Project in Ontario, Canada. Kesselrun President and CEO, Michael Thompson, said:

 

"We are excited to begin these first steps at advancing the Huronian project with the goal of eventually completing an NI 43-101 compliant resource estimate. Rarely does a company hit the beginning of a positive gold market with a 100% owned project of this calibre along with a healthy balance sheet. Kesselrun is in a strong position moving forward."

 

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Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp 

 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

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Innovate Today for a Greener Tomorrow - SinglePoint (OTCQB: $SING) Harnessing the Power of #Solar Building the Comprehensive National Solar Network Focused on Growing Residential and Commercial Opportunities; @_Singlepoint_

Innovate Today for a Greener Tomorrow - SinglePoint (OTCQB: $SING) Harnessing the Power of #Solar Building the Comprehensive National Solar Network Focused on Growing Residential and Commercial Opportunities; @_Singlepoint_

 


Phoenix, Arizona - August 11, 2020 (Investorideas.com Newswire) There is a new national solar power player rising. SinglePoint, Inc. (OTCQB: SING) has stated and is executing on its strategic plan to become the next national provider of solar+ services through a targeted national roll up strategy with the goal of having residential and commercial installers and vendor partners in all 50 states. Already operating in 34 states the company currently serves residential and commercial with its industry leading sales model through Direct Solar America. The company announced its plan to acquire additional companies in the space to quickly capture market share, grow revenue and to ultimately drive long term profitability.

 

Read this news featuring SING in full at https://www.investorideas.com/CO/SING/news/2020/08111Solar-Building-Residential-Commercial.asp

 

The company has been actively targeting acquisitions that complement and provide accretive revenue to its existing solar footprint. It recently announced its subsidiary, Direct Solar America has signed a letter of intent to acquire Standard Eco who reported unaudited revenues greater than $10M the past two years and was operationally profitable. The acquisition is intended to be financed with a combination of cash (Direct Solar America) and stock (SinglePoint). The consideration for the stock will be a secured note between SinglePoint and Direct Solar America.

 

"This is the first of a number of acquisitions we have planned as we build this national solar network," states Wil Ralston, President SinglePoint. "We will leverage the current Direct Solar sales network that is operating in 34 states to add best in class installers focused on creating a deep and powerful national offering to serve customers in every state and to most importantly take advantage of operational cost savings while benefiting from being one of, if not the only company that will be able to serve every zip code in the United States."

 

"Once installers reach a certain size, averaging between 60-100 installations per month it becomes increasingly difficult to scale beyond that," according to Pablo Diaz, CEO Direct Solar of America. "I witnessed and lived this scalability phenomenon first hand as an active solar installer in the Southwest region of the US. One of the immediate problems is the investment in customer acquisition which we have addressed at Direct Solar America eliminating the need for local and regional installers that we acquire to have to make this investment."

 

The planned vertical integration of our leading sales network and local installation will provide additional opportunities to create a network that has a multiplying effect on value creation and scale throughout the companies as opposed to simply having singular, siloed or "non-connected" solutions. Direct Solar America's early stage acquisition criteria is centered on multi-year installers that are doing between $5M - $15M in annual revenue.

 

"The second inhibitor is systems that can handle operational scale," Pablo Diaz states. "As a former solar installer owner, I clearly see the benefits of creating the national solar network to leverage scalability and purchasing power through shared service resources provided by Direct Solar America and our partners to our targeted acquisitions."

 

The world is currently experiencing the largest global pandemic in history and it's being felt by hundreds of millions. As homes have become offices, schools, summer camps, and more, Solar is in high demand. Solar is security, Solar+ battery is the comfort knowing you will have power in the event of an outage.

 

According to EIA, of all renewable energy generation, solar PV is expected to grow the fastest from now to 2050. The future of solar energy is bright and employs hundreds of thousands and drives 10s of billions in economic value. Both presidential candidates have plans to drive further growth in the sector, meanwhile, Solar PV capacity is expected to double over the next five years. As solar grows the industry is continuing to drive innovation. With additional solar capacity, the need for battery backup has become a driving force. SinglePoint and its acquired companies will be providing solutions across the board for homeowners, commercial buildings, and industrial use complexes to offset the energy needs, provide redundancy in the event of emergency or outages and help reduce costs of energy consumption.

 

National Solar Network consolidation has begun and the opportunity exists for a network of high quality independent contractors

The acquisition of Vivint Solar by Sun Run for $1.46B in stock and assumption of $1.8B in debt signaled to the market that the solar consolidation phase has begun. This deal puts smaller providers in a precarious position as the economies of scale will be very difficult to achieve. SinglePoint believes that this deal solidifies management's plan to roll up targeted solar+ companies providing the infrastructure to compete at the highest level. We intend to build a national solar installation network targeting acquisitions primarily within our existing solar sales footprint then expand into high growth potential areas. The Solar Energy Industries Association (SEIA) report last updated June 11, 2020, the "supply chain, overhead and margin" are listed as over half of the average industry costs of $2.83 per installed watt.

 

The Solar+ Battery Storage opportunity

2021 and beyond represents a massive opportunity for solar as both parties have introduced or supported legislation earmarking billions of dollars towards infrastructure spending is a critical and essential tool to drive economic growth. Continued ESG focused investing alongside potential infrastructure and clean energy policies, including solar focused stimulus and incentives have the potential to provide sustainable tailwinds in the near future.

 

Excerpts from a recently published report (Morningstar Analyst Sees Potential for US Energy Independence with 100% Renewable Sources) by Travis Miller states that the country as a whole has a chance to make energy independence based on renewable sources: ... Solar already is at the top of the investment list for nearly all investors, from utilities to corporates, who want to expand their renewable energy profiles. Most of the market agrees that solar is the accepted choice for incremental renewable energy. It will only grow over the next decade as utilities and energy companies try to meet the demands from policymakers and corporates."

 

Direct Solar America positioned to be a national solar provider capitalizing on the Solar+ Battery Storage market opportunity

A Streamlined Focus on our most promising Core Business Assets

The past few years at SinglePoint have been focused on preparing the public company to become fully reporting and seeking out investments and capital partners to support the growth or acquisition of companies. Moving forward we will concentrate a majority of our efforts to look for acquisitions or to make improvements in our go-forward core business segments in the solar and hemp categories. Senior management is committed to continuing to look for accretive acquisitions, supported by favorable capital that will ultimately build profitable business units with revenue growth in addition to utilizing future profits to pay down unfavorable term debt, improving cash flow, and the balance sheet.

 

Our ultimate goal for our stakeholders and shareholders is to uplist to a higher exchange, we are positioning the Company for that eventuality but it will take improvements in revenue and profits, shareholder equity, price per share to get to a higher listed exchange. It is our belief that eventually uplisting on a higher exchange provides additional liquidity for our current shareholders and investment groups. We are committed to taking the appropriate actions at the appropriate times to continue to drive the company towards achieving its goals.

 

About SinglePoint, Inc.

SinglePoint, Inc. (OTCQB: SING) is a fully reporting company with core holdings in Solar Energy Services and Industrial Hemp based Consumer Products. Acquired in May 2019, Direct Solar America, a majority owned subsidiary, now operates its leading national solar sales brokerage model in 34 states. In the past year, Direct Solar America has virtualized its sales platform and has added its corporate offerings. 1606 Original Hemp, has been designed and created to be the premier category leader in manufacturing and marketing high quality smokable industrial hemp consumer products for sale through traditional retail channels and online. Since its debut in late 2019, 1606 Original Hemp has been placed into hundreds of retail locations across the country and has amassed a large social media following that continues to grow. The Company has a portfolio of non-core focused businesses that are searching for strategic partnerships or other alternative solutions. SinglePoint is committed to positioning the Company to be able to up list to the highest exchange possible which we feel is a benefit to our stakeholders and shareholders.

 

Connect on social media at:

https://www.facebook.com/SinglePointMobile

https://twitter.com/_Singlepoint_

https://www.linkedin.com/company/singlepoint

https://www.youtube.com/user/SinglePointMobile

For more information visit: www.SinglePoint.com

 

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

 

SinglePoint
888-682-7464
investors@singlepoint.com

 

SinglePoint (SING) is a featured stock on Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid  annual news and social media company on Investorideas.com.  More disclaimer info: 

https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

 

 


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Monday, August 10, 2020

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 453 (TSX: $WEED.TO) (NYSE: $CGC) (TSXV: $KHRN.V) (TSX: $FIRE.TO)

 Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 453 (TSX: $WEED.TO) (NYSE: $CGC) (TSXV: $KHRN.V) (TSX: $FIRE.TO)

 


Delta, Kelowna, BC, August 10, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/081020-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/08101WEED-CGC-KHRN-FIRE.asp

 

Hear Investor ideas cannabis potcast on iTunes

 

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Today’s podcast overview/transcript:

 

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

 

In today’s podcast we look at a few public company announcements.

 

Canopy Growth Corporation (TSX: WEED) (NYSE: CGCtoday announced its financial results for the first quarter fiscal 2021 ended June 30, 2020.  The stock also rose by nearly $2 at the start of the day upon the release of the financial results.

 

"We're proud of our strong first-quarter performance, despite unprecedented volatility and uncertainty in the market and across the globe," said David Klein, CEO. "We grew our revenue year-over-year and are seeing market share improvement, notably achieving number one market share in cannabis-infused beverages in the Canadian market.  We are implementing a renewed corporate strategy with the appointment of a new leadership team which will focus on delivering quality products to our consumers, positioning our business for continued growth. The proposed retooled Acreage announcement refocuses our entry for the evolving U.S. market, where we are seeing increased momentum."

 

"Following our previously announced restructuring actions, we have substantially reduced our expense and cash burn in this quarter in addition to reducing headcount by over 18% since beginning of this calendar year.  Our marketing and R&D investments are being re-allocated to programs with high-return potential in order to drive sales," added Mike Lee, CFO. "Our gross margins in the quarter came in below our expectations due to under-utilization of our large-scale infrastructure. We've already proven we can deliver 40%-plus gross margin and are confident that we can return to that level as we work toward higher capacity utilization across our facilities as demand for our cannabis products continue to grow. In the meantime, we are focused on further optimizing our operating footprint through a full end-to-end strategy that looks at people, process, technology, and infrastructure that we believe will lead to best in class margins over time."

 

Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNFannounced that it has signed a distribution deal for its KuidaTM CBD cosmeceutical brand with DNO Group, a leading distributor for the Asia Pacific market. Kuida skin and body care products will be distributed by DNO Group through their network of retail and online channels in Hong Kong, with first orders anticipated in Q4 2020. Distribution is conditional on TSXV approval.

 

"With this distribution deal we establish a significant footprint in Hong Kong for our Kuida brand and gain access to the Asian Pacific beauty and skincare market, the world's largest region for skincare products. DNO Group have a large distribution network of over 50,000 points of sales in the region, including prominent pharmacy, beauty retail and online channels that we know from experience in other jurisdictions are where our customers are choosing to purchase Kuida products. Importantly, DNO Group brings valuable insight into the Asian consumer profile, further supporting the impact of the brand roll-out in Hong Kong," comments Alvaro Torres, Khiron CEO and Director.

 

Hong Kong is a market that serves both the local population of 7.2 million and serves as an import hub for mainland China. The Hong Kong personal care and cosmetics market is experiencing robust growth with estimated revenue of US$2.7 billion achieved in 2018 and continues to expand with many beauty and personal care items considered daily necessities, as rising health awareness and image-consciousness drives demand.

 

Seven Kuida SKU's will be distributed into the Hong Kong market, with first orders anticipated in Q4 2020. This continues the Khiron strategy to target specific, high-value global CBD skincare market opportunities. Kuida is now available at over 350 points of sale in Colombia, as well as the UK and recently announced entry to Spain. Khiron was recently recognized by Technavio Research as one of the top global players in the CBD cosmetics market, alongside L'Oreal SA and The Estée Lauder Companies. Technavio is a leading global technology research and advisory company focused on emerging market trends.

 

"Kuida CBD based skincare products are well suited for consumers in Hong Kong, as well as for our portfolio and distribution capabilities. Furthermore, the efficacy of the products themselves is impressive. We expect a highly positive sales development for Kuida in Hong Kong going forward," said DNO Group's Managing Director, Ofri Shaysh.

 

The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWFtoday announced the launch of Hiway, a new brand dedicated to providing frequent cannabis consumers with affordable products that do not compromise on quality.

 

"While we continue to see a strong market for our premium 7ACRES products, we are also seeing a tremendous consumer response to more affordable cannabis offerings; in July, dried flower products priced under $6 per gram accounted for approximately 40% of flower sales in Ontario," said Beena Goldenberg, President and CEO of Supreme Cannabis. "With Hiway, we aim to exceed consumer expectations for value products by delivering a quality product at an affordable price. Hiway benefits from our strong reputation and leading practices for growing and processing high-quality cannabis products. With the launch of this value-oriented brand, we are leveraging our competencies, capacity and efficiencies to build market share and create an exceptional experience for more cannabis consumers."

 

Hiway enters the Canadian cannabis market with Hiway Hash, a 2g solventless concentrate made by compressing dry sift kief from trichome dense, whole plant hang dried cannabis. The result is a picturesque brick of blonde hash that is divided into 2g pieces and packaged with care. This high-value hash boasts aromatic notes of sour citrus, diesel and spice as well as robust lemon and pepper flavours. Hiway Hash will initially launch in Alberta, British Columbia and Ontario and will quickly be available in more provinces.

 

Supreme Cannabis expects to expand Hiway's product portfolio to include large format flower, additional concentrate products, extracts and vapes. Supreme Cannabis will be promoting Hiway and its new offerings across Canada through its innovative sales partnership with Humble & Fume Inc., one of the industries premiere sales agencies.

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

 

Hear Investor ideas cannabis potcast on iTunes  

 

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To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

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Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy:

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Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.

 

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The #AIEye Episode 407: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) and Onyx-Cognivas to Deploy Digital Media Solutions in South African Stores, Remark Holding (NasdaqCM: $MARK) to Install AI Thermal Kits at Las Vegas Private School

The #AIEye Episode 407: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) and Onyx-Cognivas to Deploy Digital Media Solutions in South African Stores, Remark Holding (NasdaqCM: $MARK) to Install AI Thermal Kits at Las Vegas Private School

 

Global MLaaS Market to Exceed $13.5 Billion by 2025

 


Point Roberts WA, Vancouver BC – August 10, 2020  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/081020-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/08101AIEye-VSBLTY-Onyx-Cognivas-MARK.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (CSE:VSBY) (5VS.F) (OTC:VSBGF) (NasdaqCM:MARK)

 

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF), along with its South African partner Onyx-Cognivas, has reached an agreement to “deploy multiple digital media solutions in a chain of fuel/convenience stores operating in South Africa.” VSBLTY Co-founder & CEO Jay Hutton explained:

 

"This agreement spans five years with our VisionCaptor™ and DataCaptor™ software being installed, starting in October, in more than 300 retail locations, each having three digital interactive placements as well as computer vision analytics. Progressive retailers are increasingly recognizing the value of monetizing their stores in a model where brands can purchase space as media. Interactive ad messages are now reaching, influencing and measuring consumers right at the point of sale where we are seeing major increases in conversion and ROI on these programs."

 

Remark Holdings, Inc. (NasdaqCM:MARK) has announced a deal to install its Remark AI Thermal Kits at The Meadows School, a private pre K-12 school in Las Vegas, making for the first such installation of Remark AI in a US school. The press release describes the Remark AI Thermal Kit as “an all-inclusive solution that allows for fast, touch-free scanning of multiple students,” which can “instantly and discreetly alerts faculty and staff of any person with a skin temperature that suggests a higher-than-normal body temperature, allowing onsite personnel to conduct a secondary temperature check.”

 

Global MLaaS Market to Exceed $13.5 Billion by 2025

 

A report from Meticulous Research finds that the global Machine Learning as a Service (MLaaS) market will exceed $13.5 billion by 2025 and exhibit a compound annual growth rate (CAGR) of more than 41.5 percent from 2019 to 2025. An excerpt from the report’s description reads:

 

With advancements in data science and artificial intelligence technologies, the performance of machine learning has augmented at a rapid pace. Companies are now identifying the potential of this technology, and thus, the adoption rate of the same is expected to increase over the estimated period. Companies are offering machine learning solutions on a subscription-based model, making it easier for the consumers to take advantage of this technology. The growth of this market is driven by factors such as increasing adoption of cloud-based services, IoT, and automation; growing demand for predictive maintenance solutions; and the growing need for consumer behaviour analysis. However, security concerns and a lack of skilled personnel to use these solutions hinders the growth of [the] market to some extent.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

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