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Datametrex (TSXV:DM) launches Smart Factory platform

Health Care, Technology
TSXV:DM
16 September 2022 10:00 (EDT)

Datametrex (DM) is launching Smart Factory AI technology based on AI, big data, and server automation operating system technologies.

Smart factory manufacturing works to eliminate human error by utilizing technologies to streamline production and processing while maintaining product quality.

The company’s CEO, Marshall Gunter, pointed to analyst expectations that the smart factory market will grow more than 60 per cent this year compared to 2020.

“Applying our technology in the Smart Factory market is another milestone and accomplishment for Datametrex. We are thrilled to expand our machine learning technology to help businesses improve. Additionally, Datametrex is proud to be able to provide our AI technology services to some of the most notable IT and AI companies. Providing AI tools to help our clients optimize their business and alleviate risk factors is at the core of what our technology provides.”

The company is preparing for the first initial release in the United States with plans for international expansion.

The company also received purchase orders for C$200,000 from various multinational companies, including Lotte Data Communication Co., Ltd, Woongjin Co. Ltd., and Kolon Benit. 

Datametrex AI is a technology company with exposure to artificial intelligence, machine learning, telehealth, and the electric vehicle market.

Datametrex (DM) is down by 6.25 per cent, trading at $0.075 per share as of 10 am ET.


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