Wall Street’s Latest Solution for Business Process Outsourcing is poised to streamline several industries. Discover how to invest and be a part of this global trend.
GBT Technologies, Inc. (Ticker: GTCH) utilizes Gopher Tech’s Breakthrough Revolutionary MESH Network with GBT Technologies to create a viable platform for Global Business.
Big business means Big Profits. This requires businesses constantly innovate to cut costs and improve efficiency. Outsourcing of non-essential resources have become a viable and fiscally sound strategy. How often do your calls to customer service get routed to India or Pakistan? While the effect can be frustrating to the consumer, the financial benefits often outweigh the negatives for corporations.
Welcome to Business Processing Outsourcing (BPO) – the new face of business. According to Investopedia, BPO is a method of subcontracting various business-related operations to third-party vendors. In this highly competitive business climate, it’s essential for business – from startups to Fortune 500 companies – to outsource some of the tasks. Companies prefer to BPO because it allows for greater operational flexibility. By outsourcing non-core and administrative functions, companies reallocate time and resources to their core business, which ultimately creates advantages over the competition. According to Grandview Research, the Global BPO Market is expected to reach $343 Billion by 2025, with a need to reduce operational costs as the key driver in growth. Another study by Ameriresearch predicts 8% growth rate and 2026 global sales of $360 Billion USD.
A complementary high growth industry is Artificial Intelligence. AI is the study and development of intelligent machines and computer programs that are able to simulate human intellect. AI today involves building machines and programs that have the ability to carry out their assigned tasks with human-like aptitude. It’s no secret that tech giants Google, Microsoft and Amazon are all investing heavily in AI Technology.
One of the strongest trends in recent years is merging Artificial Intelligence (AI) with specialized software, to automate these processes. The BPO industry has provided cheap(er) labor by moving certain operations to foreign countries. However Software and Robotic Automation could easily replace them – at next to no cost. One study believes over 40% of American workers will be replaced by automation within the next decade. This implies as much as one-third of the workforce could be out of a job.
A.I. proves to be more effective than humans in handling complex activities — those requiring processing of multiple signals, data streams and accumulated knowledge in real time.
Let’s think about Autonomous/Self-Driving Vehicles. How much real life data must be processed instantaneously to propel a car through traffic and reach a destination?
Our entire socioeconomic system is entering a phase of unparalleled transformation and Artificial Intelligence is leading the way. A recent merger between Gopher Protocol and GBT Technologies created the perfect marriage for a new platform in Global Business.
GBT Technologies, Inc. (Ticker: GTCH) has positioned itself to capitalize on the new paradigm. Trading right around 4 dollars, GTCH provides prospective investors a unique opportunity to invest in the space and gain portfolio exposure to artificial intelligence initiatives.
GTCH develops Internet of Things (IoT) and Artificial Intelligence-enabled mobile technology platforms. They specialize in the development of Integrated Circuits for IoT/mobile and Artificial Intelligence technologies.
GTCH owns a state-of-the-art microchip technology, called GopherInsight™ that is targeted to be installed within IoT/Mobile Devices. The microchips communicate with each other via private, secured communications. This allows for greater computing power, database management, and sharing functionalities between all devices.
Gopher had developed Avant! AI, a Powerful Artificial Intelligence program designed to govern Gopher’s technology. The App manages all applications and is synchronized with the Avant! AI web application.
Avant! AI is capable of processing vast amounts of data efficiently and quickly. It is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for a multitude of applications.
The latest version of Avant! AI implements Machine Learning (ML) methods to enable advanced classification and problem solving. Using these flows and methods, the software will recognize user’s intent, distinguish between different data and analyze user’s sentiment.
GTCH successfully completed another milestone in its AI development. GBT has achieved the goal of a “self-learning” machine. Typical machine learning needs humans to tell it how to make accurate predictions using specific data that it is given. GBT’s Avant! AI System is designed to function like a human brain using deep learning algorithms, based on RNN (Recurrent Neural Network) to process the information resulting in self-learning without specific direction from humans.
AI is increasingly becoming ubiquitous in mobile technology. Developers focus on software which learns from past experience, exhibits reason, and follows commands. Zion Market Researchreports the global mobile AI market will reach $22.4 billion by 2024. One of the key domains for AI in the mobile market is app development.
Artificial Intelligence is quickly becoming the backbone of consumer products and services, such as voice-activated smart home devices. Companies in every sector are pouring funds into AI tools and software to boost business, enhance existing products, and create brand new revenue streams. Even Netflix and Spotify use it to personalize content to your liking. According to IDC, retail will lead global spending on AI as the total market will jump 44% to $35.8 Billion in 2019. The U.S. will account for nearly two-thirds of all AI spending this year. Nearly $13.5 Billion will be spent on AI software platforms and AI Apps. By 2022, spending on AI systems is expected to more than double to $79.2 billion.
Some professionals forecast the global market for AI will be worth anywhere between $3.9 trillion by 2022 to as much as $15.7 trillion by 2030. Even Mark Cuban, of Shark Tank fame, predicts the world’s first Trillionaire will come from the Artificial Intelligence space.
Most experts agree that the technological revolution has just begun. The Internet continues to expand at such a rapid pace, that big business and technology are at risk of falling behind. Innovative and novel products are vital to sustain the growth. Artificial Intelligence in fueling this growth as it contributes pioneering and useful features to hardware and software alike.
This marriage between Gopher and GBT Technologies started as a partnership but now has endless possibilities for synergistic growth as both sides deliver necessary components to provide solutions for multiple businesses.
GBT is a powerful new concept of integrated, regulated and independently developed BPO services. Through their platform, they offer services to the digital asset tokenization industry, offering solutions to a currently unattended market.
GTCH is developing an Intellectual Property (IP) portfolio targeted to enable Wireless Mesh Networks and Asset Tracking IoT solutions, all managed byAVAINI Ai – their proprietary deep learning articicial intelligence platform.
The merger potentially expands the services and geographic coverage of both companies’ financial services. Building on Gopher’s wireless mesh network technology and GBT software development abilities, the companies intend to pursue new markets such as government work – military, fire, rescue – and air- and space-based systems for drones, aircraft and LEO (Low Earth Orbit) satellites, potentially forming a high-performance global wireless mesh network.
The Largest Private Network Ever Made!
GTCH intends to have hundreds of millions of Gopher enabled devices by the year 2020, worldwide. The goal is to equip a large part of the estimated 50 billion mobile devices globally with their mobile chip technology. This would create the largest private network ever made. Since their microchip technology is based on mathematical mesh models, it works efficiently and effectively on a global scale.
Wireless mesh networks are fast and are a preferred way to deliver video, voice, and data in various environments. Today, many municipalities, port authorities, public safety agencies, and industrial organizations are leveraging mesh networks to provide reliable connectivity to their workers.
Grand View Research published a new study that values the MESH market at $11 billion by the year 2025, due to the inherent rapid growth in the space. MESH networking has become one of the more cost-effective methods for extending wireless coverage more broadly into end-user markets and businesses, while additional developments in the mesh technology world have been headlined by advancements in tracking applications, allowing for uses in a variety of industries that require detailed measurements and logging.
GTCH has a multitude of businesses and revenue streams which tie together. All of these moving parts fit under one roof and allow for synergistic, organic growth between all subsidiaries.
GTCH posted $13.3 Million of revenue in the first quarter, representing a 70% increase Year over Year. Current Assets are $30.6 Million. They reported over $51.5 Million in revenue for 2018 with a gross profit just under $1.9 Million.
GBT Technologies, Inc. (Ticker: GTCH) is an under-the-radar company offering a high-upside opportunity! This could be a potentially lucrative opportunity for investors who wish to invest at these levels.
For a more complete understanding of GTCH and its business, and risks of owning its shares, click here to be connected to GTCH’s SEC filings. Please review them thoroughly.
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