GTCH is targeting Autonomous Machines, IoT, Robotics & Mobile
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GBT Technologies, Inc. (GTCH)
Alert Price: $1.84
Float: 1.2M
========================
Members,
One of our top ideas in the IoT space appears to be back in the buy-zone, and ready to make another run past $2.00!
Just a few days ago, shares of GTCH rallied back from a low of 1.56, all the way to a high of $2.15 for a gain of over +37%!
GTCH has since pulled back, but we believe another bull run is about to take place this week.
About the Company
GBT Technologies Inc. specializes in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ wireless mesh network technology platform and its Avant! AI, for both mobile and fixed solutions.
Bullish Catalysts for GTCH
GTCH seems to have found support at this level, and it appears that the upside potential far outweighs any downside risk right here.
IoT is here to stay, and the smart money is flocking to undervalued gems in this sector.
The Company recently released a string of announcements that are sure to grab the attention of the Street!
GBT Adding Cognitive Features Within Its Expert Agent
On Thursday, the Company announced that it is now adding the first elements of cognitive features within its AI expert agent.
The agent now includes feedback features, i.e. “thumbs up” and “thumbs down”, that work with the artificial neural network mechanism to learn and improve answers’ accuracy and their relationship to the topic. The user feedback is fed into the Avant! RNN (Recurrent Neural Network), which synthesizes data from various information sources, weighing and comparing the feedback to the answer context to provide the best, most accurate answers.
The system includes self-learning technology or “data mining” that is structured in a very similar to the way the human brain works. Over time, the Avant! cognitive system will refine relevant answers, define answers’ relationships and patterns, and provide higher accuracy. The system is adaptive and digests dynamic data in real time, making adjustments as the data and environment change. The system is based on understanding an answer's context and incorporating the user feedback as a part of the chain of interactions.
The Avant! intelligent agent is already available to the public and is used as an expert agent for GBT’s web site, providing information about GBT Technologies. The agent's new version is now officially released on: avant-ai.net.
"We are excited to implement feedback cognitive feature for our AI system. The new feature is based on adaptiveness, self-learning, context understanding and human interaction," said Danny Rittman, GBT CTO. "When users interact with Avant! on a particular topic, their feedback is going through diagnostics and observation along with the topic's meaning and semantics. Based on user feedback it generates hypotheses, reasoned arguments and recommendations about more complex, meaningful, topic-related information. In this way the system learns from each feedback, using this knowledge to ensure more accurate, relevant answers/recommendations to future questions."
As structured and unstructured data grows exponentially, the Avant! cognitive system will be able to efficiently process vast amounts of data to provide accurate information while taking into account user feedback. Its cognitive feedback algorithms will adapt and ingest the data to make sense of data complexity and unpredictability.
The new system will be particularly important for applications which will require high level of informational interpretation, organization and accuracy. The system weighs information, based on user feedback, compares them to multiple sources, and to reason, and then offer hypotheses for consideration. The Avant! cognitive system assigns a confidence level to each potential insight or answer. This is crucial when it comes to significant applications that affect our lives, for example in the field of medical consultation.
GBT and BitSpeed Announce Joint Venture GBT BitSpeed Corp.
BitSpeed’s Software, Network and Storage Expertise is planned for integration with and enhancement of GBT’s wireless mesh network and IoT GopherInsight™ Platform
On Tuesday, the Company announced that it has entered into a Joint Venture (“JV”) Agreement with BitSpeed LLC (“BitSpeed”), a software development company located in the Los Angeles area. The new JV will be called GBT BitSpeed Corp.
BitSpeed (www.bitspeed.com) specializes in the development, sale and maintenance of software which allows the accelerated and secure transfer of large file data over existing private or public networks. BitSpeed is currently partnered with a major Cloud Platform (GCP) and has an agreement to supply its software through GCP’s Partner Advantage program, where their customers can buy certified solutions directly from GCP.
BitSpeed’s Concurrency application competes in the Extreme File Transfer market, which is a subset of the larger Managed File Transfer or MFT market. Per analyst Market Reports World (www.marketreportswor...uest-sample/12905887):
“Managed file transfer is a type of software that allows the transfer of files inside an organization or between multiple organizations. This method is a fast, secure, reliable, and a transparent way of exchanging files, with additional features such as tracking and monitoring. As a result, one can discover the loss of data from a specific point, and also receive an acknowledgement after successful completion of a file transfer process. With the advent of digitalization, companies are becoming heavily dependent on the successful transmission of digital files bearing critical information. Hence, this transmission should be secure, reliable, and quick to run the business process smoothly in real time. The demand for efficient and effective file transfer has been increasing in the past few years.”
GBT BitSpeed Corp. is expected to assist with the integration and development of BitSpeed’s technology into GBT’s patented and patent-pending technology platform outlined in previous announcements, highlighted by its GopherInsight, gNET Wireless Mesh Network platform, and its Avant! AI management system. As GBT’s gNET network data transfer needs grow in the future, it is planned that a high-speed, secure layer of technology could be added to facilitate movement of large file data globally.
"Continuing with our strategic goal to launch world-class products and software, GBT feels that this is another great step in enhancing our offerings both through internal and partner resources,” said Doug Davis, GBT’s Chief Executive Officer. “We welcome our new partners from BitSpeed and look forward to our cooperative development and business efforts in the future.”
"We are excited to partner with GBT in this Joint Venture,” states Caron Caldwell, BitSpeed’s General Manager. “As wireless mesh networks deploy globally, it will be important to move large amounts of data quickly and safely, and we look forward to helping GBT’s InSight platform achieve this.”
Latest Gartner Report Paints Bright Future For IoT:
Gartner forecasts that the enterprise and automotive Internet of Things ( IoT ) market will grow to 5.8 billion endpoints in 2020, a 21% increase from 2019.
By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5% from 2018.
Utilities will be the highest user of IoT endpoints, totalling 1.17 billion endpoints in 2019, and increasing 17% in 2020 to reach 1.37 billion endpoints.
“Electricity smart metering, both residential and commercial will boost the adoption of IoT among utilities,” says Gartner senior research director Peter Middleton.
“Physical security, where building intruder detection and indoor surveillance use cases will drive volume , will be the second-largest user of IoT endpoints in 2020.”
Building automation, driven by connected lighting devices, will be the segment with the largest growth rate in 2020 (42%), followed by automotive and healthcare, which are forecast to grow 31% and 29% in 2020, respectively (see Table 1).
In healthcare, chronic condition monitoring will drive the most IoT endpoints, while in automotive, cars with embedded IoT connectivity will be supplemented by a range of add-on devices to accomplish specific tasks, such as fleet management.
CTO Interview Could Spark GTCH Rally
Last week, Dr . Danny Rittman, CTO of GBT Technologies Inc. was a special guest on special edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence. The show is brought to you by Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI).
Dr . Rittman discussed how the company leverages AI in the IoT space and recent develops with analog computing.
GBT Technologies' employment of internet-of-things ( IoT ) technology predates the development of the company's AI core, according to CTO Danny Rittman. In fact, it was the company's development of IoT technologies that led to a growing need to create an artificial intelligence core.
"We went further into the data science … figured out that we needed to be more on the secure side, we need to handle vast amounts of data, especially as we went into autonomous machines domain etc…" he said. "So, we realized we would need a mechanism that involved AI. For the past year and-a-half, GBT developed a core AI that is based on machine learning."
"IoT will become more and more permanent in our daily domain, and of course GBT is progressing forward with this trend because our technology is natively IoT ," he said. "It started as a radio technology, and since IoT is basically radio-activated … we were naturally embedded in this domain a few years ago."
A report from Zion Market Research echoes GBT's leveraging of AI in IoT in its finding that globally, the AI in IoT market is projected to grow to $19.9 billion USD by 2025. This represents a compound annual growth rate ( CAGR ) of 25.89 percent from 2018-2025.
Recently, the company has announced R&D in analog computing, which Rittman points out will complement and enhance GBT's tech:
"Analog computing for artificial intelligence, and for machine learning, will enable much more further capabilities for the IoT domain," he said.
In a recent press release, Rittman expanded on the role of analog computing with regard to replicating human intelligence:
"With this new research activity we are laying the foundation of a true human-like learning system. Analog computing for machine learning enables robots to interact with humans, not only based on visual cues, but also according to tone of speech and body language. Our AI technology plans to incorporate both high and low-level computing, which we believe is a more accurate model of human intelligence."
GBT Technologies Inc. develops Internet of Things ( IoT ) and artificial intelligence enabled mesh network and asset tracking IoT mobile technology. Its technology consists of a smart microchips, mobile application software, and supporting cloud software. The company also sells phones and phone card products, including PINS, SIM cards, gift cards, and prepaid long distance cards. In addition, it offers prepaid cellular phone minutes for domestic and international carriers; cellular activation services, such as activation of SIM cards with wireless carriers; and check processing, verification, and recovery solutions for small to medium sized businesses. The company was formerly known as Gopher Protocol Inc. and changed its name to GBT Technologies Inc. in August 2019. GBT Technologies Inc. was founded in 2009 and is headquartered in Santa Monica, California.
GBT Technologies (GTCH) Core Technology is a revolutionary new platform with products that will change the way people interact with technology and each other, because we believe that improving communications will benefit the modern world.
GTCH Today: Prepaid Market
GBT Technologies has a network of 9,400 convenience stores/gas stations that generated over $47 million in 2018 revenue
GBT Technologies currently has access to 9.4 million consumers/day- based on National Association of Convenience Stores (NACS) metrics that show average convenience store has approximately 1,000 customers/day
More than 154,000 convenience stores in the US- significant market opportunity domestically
• International opportunities also– e.g. FinTech market in Latin America could exceed $150B by 2021
GTCH Tomorrow: GopherInsightTM Platform
GBT is developing and patenting innovative technologies to address new capabilities for the Wireless Mesh Networking and Asset Tracking IoT global markets.
GopherInsight is a state-of-the-art platform to be launched first as software modules for use with microchips and accessible by device-based apps. The platform will include the gNET network and gEYE security protocols, all of which will be managed by the Avant! AI. Next phase will be a SoC (System on Chip).
GopherInsight will then be integrated into use case- based solutions for mobile/fixed devices and locations.
GBT Intellectual Property ( IP )
• Patent for Guardian Patch US patent number 10,021,522
• Three patents in process and expected to be granted 2019• Three to four more patents to be filed in 2019
• Five existing trademarks
GBT’S TECHNOLOGY PLATFORM
Natively IoT Based
GBT Technologies’ core technology is a revolutionary new platform enabling products that will change the way people interact with technology and each other, because we believe that improving communications will benefit the modern world. GTCH Microchips communicate via a private, secure protocol and can interact with internal states – microchips communicate with other microchips – and external environments – microchips interact with cell phones, mobile apps, computers, tablets, tracking devices and many other digital devices, with access to conventional networks ( WiFi and Cellular).
Our goal for GopherInsight Microchips is to be installed in billions of mobile devices in the next few years. This will allow GTCH to create private secure communications networks that will enormously benefit organizational and individual users. We will utilize this private secure networks to improve the computing power, database management, internal memory, and security of devices equipped with GopherInsight Microchips. The potential is enormous and we are constantly developing more advanced features.
GTCH IS PROUD TO ANNOUNCE THAT THEIR TECHNOLOGY IS IOT (INTERNET OF THINGS) NATIVE, INCLUDING OUR EDA APPLICATIONS
The GBT platform is based on private, secured networks which connect physical objects that are accessible through the Internet. With the GBT platform, the IoT “Thing” could be a GBT Technologies product such as GuardianBracelet or GuardianOrb, or other fixed or mobile devices such as a tracker or a cellular phone that has a GopherInsight microchip installed.
Each one of these devices would be assigned an ID and IP address on our private secure network and would be able to collect and transfer data over the network without manual assistance or intervention.
In order to enhance the performance, security, RF capabilities and power consumption of our microchip technology , we implemented IoT methodologies within our EDA (Electronic Design Automation) computer programs Epsilon and Sigma. Each one of these programs is used during integrated circuit design for a variety of design enhancements. We have also added a feature called “IoT Aware,” which uniquely considers IoT challenges during chip design stages.
Our technology is targeted for integration into a wide variety of leading applications, among them are autonomous machines, smart drones, military and rescue, law enforcement, GEO tracking, medicine, robotics and more.
Our goal is to create a family of devices that is “Internet of Things-native” and controlled via our embedded software integrated into in many different kinds of systems. Our devices represent themselves digitally, and can be controlled from anywhere. GTCH products are connected to our private, secured communication protocol and enable our technology to control and manage more data from more places. This will ensure greater efficiency of digital and inter-personal communications, thus improving our lives and security.
Recent Updates
GBT Technologies – Mobile Database Patent Filing Receives Innovative Review
SANTA MONICA, Calif., Aug. 14, 2019 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT”, or the “Company”), a company specializing in the development of Internet of Things ( IoT ) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced that its Mobile Database Sharing PCT patent received a positive written opinion review by The Patent Cooperation Treaty (“PCT”) International examiners on August 5, 2019.
The patent claims were found to be novel and have “inventive step”, meaning they are “non-obvious”, which is positive for the Company. Based on this, the Company will submit a request to expedite the U.S. Application in order to move quickly to get the patent granted domestically and internationally. The technology in the patent claim is targeted to work within the Company’s private, secured communication protocol gNET, enabling vast database handling and management between devices. This proprietary database management system will also be adding another significant layer of cyber security to the Company's IoT/Mobile network, and is intended to be integrated with the the Company's granted Patch patent.
"Our Mobile Database Sharing patent is protecting one of our essential intellectual properties, which is targeted to work within our Avant! AI engine, currently being developed by GBT Costa Rica,” stated Dr . Rittman, the Company’s CTO.
“This technology is targeted for autonomous machines, IoT/Mobile networks, robotics and secured radio based designs. We are seeking domestic and international IP protection and will submit a request to expedite the domestic and international patent application,” added Douglas Davis, the Company’s CEO .
GBT Technologies – Update: Testing Avant! AI as Virtual Agent
SANTA MONICA, Calif., Aug. 07, 2019 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT”, or the “Company”), a company specializing in the development of Internet of Things ( IoT ) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced that it is now testing its Avant! AI Virtual Agent through GBT Technologies, S.A. , a Costa Rica Company (“GBT CR”), prior to official release.
AVANT! AI further development is now being tested by GBT CR with the goal of positioning the platform for testing over the next several weeks. Following the testing, the Virtual Agent will be officially released to demonstrate its capabilities. One of the key applications of Avant! is to perform as a Virtual Agent to provide a vital information service. The goal is for it to assist in a wide range of topics just like a human being. GBT CR is targeting the use of an intelligent virtual agent for expert communities that are essential in our daily lives, which could potentially include healthcare advisors, engineering design, customer service, financial analytics and more.
"We are in the testing phase of our intelligent agent, and expect an exciting future for our Avant! Virtual Agent application," stated Salomon Ocon, GBT CR’s CEO . "Avant! Virtual Agent is capable of understanding questions, search for relevant information, perform an analysis and advise with the best conclusions. Furthermore, Avant! Virtual Agent requests user's feedbacks and will consider them in its next analysis in order to provide more efficient and accurate information. This is an integral part of the system's learning capabilities. We expect Avant! will get better with time with additional users and with more users’ interactions, with the goal of making it a highly advanced question/answer machine. We plan to continue to develop the Virtual Agent with the goal of achieving performance close to a human being's ability to answer questions,” added Mr. Ocon.
“The Virtual Agent first release will provide an information assistance about GBT using Avant! is designed to perform rapid text mining and complex analytics on huge volumes of unstructured data making it an expert system for wide variety of applications," added Dr . Rittman, the Company’s CTO.
GBT Technologies – Mobile Database Patent Filing Receives Innovative Review
SANTA MONICA, Calif., Aug. 14, 2019 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT”, or the “Company”), a company specializing in the development of Internet of Things ( IoT ) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced that its Mobile Database Sharing PCT patent received a positive written opinion review by The Patent Cooperation Treaty (“PCT”) International examiners on August 5, 2019.
The patent claims were found to be novel and have “inventive step”, meaning they are “non-obvious”, which is positive for the Company. Based on this, the Company will submit a request to expedite the U.S. Application in order to move quickly to get the patent granted domestically and internationally. The technology in the patent claim is targeted to work within the Company’s private, secured communication protocol gNET, enabling vast database handling and management between devices. This proprietary database management system will also be adding another significant layer of cyber security to the Company's IoT/Mobile network, and is intended to be integrated with the the Company's granted Patch patent.
"Our Mobile Database Sharing patent is protecting one of our essential intellectual properties, which is targeted to work within our Avant! AI engine, currently being developed by GBT Costa Rica,” stated Dr . Rittman, the Company’s CTO.
“This technology is targeted for autonomous machines, IoT/Mobile networks, robotics and secured radio based designs. We are seeking domestic and international IP protection and will submit a request to expedite the domestic and international patent application,” added Douglas Davis, the Company’s CEO .
Market Opportunity
Wireless Mesh Network market forecasted CAGR of 15% from 2017 – 2026*
• Forecasted to grow from $3.45 billion to $12 .1 billion
• Primary target markets: Education, Government (Public Safety, Military),
Transportation and Logistics, Mining, Hospitality, Healthcare, Smart Cities and Smart Warehouses, Oil & Gas
IoT Market forecasted CAGR of 20% from 2017 – 2021**
• Forecasted to grow from $235 billion to $520 billion
• Greatest areas of growth: Data center & analytics – 50% CAGR ; Systems
integration – 40% CAGR ; Things – 25% CAGR ; Consumer devices – 20% CAGR
The Bottom Line
GTCH is a no brainer from a technical point of view.
The chart is screaming breakout at the moment, and could see a significant move in the very near future.
The IoT market is growing rapidly, and GTCH's business plan is geared to capitalize via multiple revenue streams.
We believe that GTCH could be our next alert to breakout for monster gains.
(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
*Past performance is not an indicator of future returns. The publishers of this report are not investment advisors and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. The publishers of this report have received compensation from a third party of USD $5,000 via bank wire for a 5,000 view marketing contract for GTCH. We were previously compensated USD $12,500 by a third party via bank wire for a 12,500 view marketing contract for GTCH. Never make investment decisions based on anything the publisher of this report says. This message is meant for informational and educational purposes only and does not provide investment advice.
GBT Technologies, Inc. (GTCH)
Alert Price: $1.84
Float: 1.2M
========================
Members,
One of our top ideas in the IoT space appears to be back in the buy-zone, and ready to make another run past $2.00!
Just a few days ago, shares of GTCH rallied back from a low of 1.56, all the way to a high of $2.15 for a gain of over +37%!
GTCH has since pulled back, but we believe another bull run is about to take place this week.
About the Company
GBT Technologies Inc. specializes in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ wireless mesh network technology platform and its Avant! AI, for both mobile and fixed solutions.
Bullish Catalysts for GTCH
GTCH seems to have found support at this level, and it appears that the upside potential far outweighs any downside risk right here.
IoT is here to stay, and the smart money is flocking to undervalued gems in this sector.
The Company recently released a string of announcements that are sure to grab the attention of the Street!
GBT Adding Cognitive Features Within Its Expert Agent
On Thursday, the Company announced that it is now adding the first elements of cognitive features within its AI expert agent.
The agent now includes feedback features, i.e. “thumbs up” and “thumbs down”, that work with the artificial neural network mechanism to learn and improve answers’ accuracy and their relationship to the topic. The user feedback is fed into the Avant! RNN (Recurrent Neural Network), which synthesizes data from various information sources, weighing and comparing the feedback to the answer context to provide the best, most accurate answers.
The system includes self-learning technology or “data mining” that is structured in a very similar to the way the human brain works. Over time, the Avant! cognitive system will refine relevant answers, define answers’ relationships and patterns, and provide higher accuracy. The system is adaptive and digests dynamic data in real time, making adjustments as the data and environment change. The system is based on understanding an answer's context and incorporating the user feedback as a part of the chain of interactions.
The Avant! intelligent agent is already available to the public and is used as an expert agent for GBT’s web site, providing information about GBT Technologies. The agent's new version is now officially released on: avant-ai.net.
"We are excited to implement feedback cognitive feature for our AI system. The new feature is based on adaptiveness, self-learning, context understanding and human interaction," said Danny Rittman, GBT CTO. "When users interact with Avant! on a particular topic, their feedback is going through diagnostics and observation along with the topic's meaning and semantics. Based on user feedback it generates hypotheses, reasoned arguments and recommendations about more complex, meaningful, topic-related information. In this way the system learns from each feedback, using this knowledge to ensure more accurate, relevant answers/recommendations to future questions."
As structured and unstructured data grows exponentially, the Avant! cognitive system will be able to efficiently process vast amounts of data to provide accurate information while taking into account user feedback. Its cognitive feedback algorithms will adapt and ingest the data to make sense of data complexity and unpredictability.
The new system will be particularly important for applications which will require high level of informational interpretation, organization and accuracy. The system weighs information, based on user feedback, compares them to multiple sources, and to reason, and then offer hypotheses for consideration. The Avant! cognitive system assigns a confidence level to each potential insight or answer. This is crucial when it comes to significant applications that affect our lives, for example in the field of medical consultation.
GBT and BitSpeed Announce Joint Venture GBT BitSpeed Corp.
BitSpeed’s Software, Network and Storage Expertise is planned for integration with and enhancement of GBT’s wireless mesh network and IoT GopherInsight™ Platform
On Tuesday, the Company announced that it has entered into a Joint Venture (“JV”) Agreement with BitSpeed LLC (“BitSpeed”), a software development company located in the Los Angeles area. The new JV will be called GBT BitSpeed Corp.
BitSpeed (www.bitspeed.com) specializes in the development, sale and maintenance of software which allows the accelerated and secure transfer of large file data over existing private or public networks. BitSpeed is currently partnered with a major Cloud Platform (GCP) and has an agreement to supply its software through GCP’s Partner Advantage program, where their customers can buy certified solutions directly from GCP.
BitSpeed’s Concurrency application competes in the Extreme File Transfer market, which is a subset of the larger Managed File Transfer or MFT market. Per analyst Market Reports World (www.marketreportswor...uest-sample/12905887):
“Managed file transfer is a type of software that allows the transfer of files inside an organization or between multiple organizations. This method is a fast, secure, reliable, and a transparent way of exchanging files, with additional features such as tracking and monitoring. As a result, one can discover the loss of data from a specific point, and also receive an acknowledgement after successful completion of a file transfer process. With the advent of digitalization, companies are becoming heavily dependent on the successful transmission of digital files bearing critical information. Hence, this transmission should be secure, reliable, and quick to run the business process smoothly in real time. The demand for efficient and effective file transfer has been increasing in the past few years.”
GBT BitSpeed Corp. is expected to assist with the integration and development of BitSpeed’s technology into GBT’s patented and patent-pending technology platform outlined in previous announcements, highlighted by its GopherInsight, gNET Wireless Mesh Network platform, and its Avant! AI management system. As GBT’s gNET network data transfer needs grow in the future, it is planned that a high-speed, secure layer of technology could be added to facilitate movement of large file data globally.
"Continuing with our strategic goal to launch world-class products and software, GBT feels that this is another great step in enhancing our offerings both through internal and partner resources,” said Doug Davis, GBT’s Chief Executive Officer. “We welcome our new partners from BitSpeed and look forward to our cooperative development and business efforts in the future.”
"We are excited to partner with GBT in this Joint Venture,” states Caron Caldwell, BitSpeed’s General Manager. “As wireless mesh networks deploy globally, it will be important to move large amounts of data quickly and safely, and we look forward to helping GBT’s InSight platform achieve this.”
Latest Gartner Report Paints Bright Future For IoT:
Gartner forecasts that the enterprise and automotive Internet of Things ( IoT ) market will grow to 5.8 billion endpoints in 2020, a 21% increase from 2019.
By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5% from 2018.
Utilities will be the highest user of IoT endpoints, totalling 1.17 billion endpoints in 2019, and increasing 17% in 2020 to reach 1.37 billion endpoints.
“Electricity smart metering, both residential and commercial will boost the adoption of IoT among utilities,” says Gartner senior research director Peter Middleton.
“Physical security, where building intruder detection and indoor surveillance use cases will drive volume , will be the second-largest user of IoT endpoints in 2020.”
Building automation, driven by connected lighting devices, will be the segment with the largest growth rate in 2020 (42%), followed by automotive and healthcare, which are forecast to grow 31% and 29% in 2020, respectively (see Table 1).
In healthcare, chronic condition monitoring will drive the most IoT endpoints, while in automotive, cars with embedded IoT connectivity will be supplemented by a range of add-on devices to accomplish specific tasks, such as fleet management.
CTO Interview Could Spark GTCH Rally
Last week, Dr . Danny Rittman, CTO of GBT Technologies Inc. was a special guest on special edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence. The show is brought to you by Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI).
Dr . Rittman discussed how the company leverages AI in the IoT space and recent develops with analog computing.
GBT Technologies' employment of internet-of-things ( IoT ) technology predates the development of the company's AI core, according to CTO Danny Rittman. In fact, it was the company's development of IoT technologies that led to a growing need to create an artificial intelligence core.
"We went further into the data science … figured out that we needed to be more on the secure side, we need to handle vast amounts of data, especially as we went into autonomous machines domain etc…" he said. "So, we realized we would need a mechanism that involved AI. For the past year and-a-half, GBT developed a core AI that is based on machine learning."
"IoT will become more and more permanent in our daily domain, and of course GBT is progressing forward with this trend because our technology is natively IoT ," he said. "It started as a radio technology, and since IoT is basically radio-activated … we were naturally embedded in this domain a few years ago."
A report from Zion Market Research echoes GBT's leveraging of AI in IoT in its finding that globally, the AI in IoT market is projected to grow to $19.9 billion USD by 2025. This represents a compound annual growth rate ( CAGR ) of 25.89 percent from 2018-2025.
Recently, the company has announced R&D in analog computing, which Rittman points out will complement and enhance GBT's tech:
"Analog computing for artificial intelligence, and for machine learning, will enable much more further capabilities for the IoT domain," he said.
In a recent press release, Rittman expanded on the role of analog computing with regard to replicating human intelligence:
"With this new research activity we are laying the foundation of a true human-like learning system. Analog computing for machine learning enables robots to interact with humans, not only based on visual cues, but also according to tone of speech and body language. Our AI technology plans to incorporate both high and low-level computing, which we believe is a more accurate model of human intelligence."
GBT Technologies Inc. develops Internet of Things ( IoT ) and artificial intelligence enabled mesh network and asset tracking IoT mobile technology. Its technology consists of a smart microchips, mobile application software, and supporting cloud software. The company also sells phones and phone card products, including PINS, SIM cards, gift cards, and prepaid long distance cards. In addition, it offers prepaid cellular phone minutes for domestic and international carriers; cellular activation services, such as activation of SIM cards with wireless carriers; and check processing, verification, and recovery solutions for small to medium sized businesses. The company was formerly known as Gopher Protocol Inc. and changed its name to GBT Technologies Inc. in August 2019. GBT Technologies Inc. was founded in 2009 and is headquartered in Santa Monica, California.
GBT Technologies (GTCH) Core Technology is a revolutionary new platform with products that will change the way people interact with technology and each other, because we believe that improving communications will benefit the modern world.
GTCH Today: Prepaid Market
GBT Technologies has a network of 9,400 convenience stores/gas stations that generated over $47 million in 2018 revenue
GBT Technologies currently has access to 9.4 million consumers/day- based on National Association of Convenience Stores (NACS) metrics that show average convenience store has approximately 1,000 customers/day
More than 154,000 convenience stores in the US- significant market opportunity domestically
• International opportunities also– e.g. FinTech market in Latin America could exceed $150B by 2021
GTCH Tomorrow: GopherInsightTM Platform
GBT is developing and patenting innovative technologies to address new capabilities for the Wireless Mesh Networking and Asset Tracking IoT global markets.
GopherInsight is a state-of-the-art platform to be launched first as software modules for use with microchips and accessible by device-based apps. The platform will include the gNET network and gEYE security protocols, all of which will be managed by the Avant! AI. Next phase will be a SoC (System on Chip).
GopherInsight will then be integrated into use case- based solutions for mobile/fixed devices and locations.
GBT Intellectual Property ( IP )
• Patent for Guardian Patch US patent number 10,021,522
• Three patents in process and expected to be granted 2019• Three to four more patents to be filed in 2019
• Five existing trademarks
GBT’S TECHNOLOGY PLATFORM
Natively IoT Based
GBT Technologies’ core technology is a revolutionary new platform enabling products that will change the way people interact with technology and each other, because we believe that improving communications will benefit the modern world. GTCH Microchips communicate via a private, secure protocol and can interact with internal states – microchips communicate with other microchips – and external environments – microchips interact with cell phones, mobile apps, computers, tablets, tracking devices and many other digital devices, with access to conventional networks ( WiFi and Cellular).
Our goal for GopherInsight Microchips is to be installed in billions of mobile devices in the next few years. This will allow GTCH to create private secure communications networks that will enormously benefit organizational and individual users. We will utilize this private secure networks to improve the computing power, database management, internal memory, and security of devices equipped with GopherInsight Microchips. The potential is enormous and we are constantly developing more advanced features.
GTCH IS PROUD TO ANNOUNCE THAT THEIR TECHNOLOGY IS IOT (INTERNET OF THINGS) NATIVE, INCLUDING OUR EDA APPLICATIONS
The GBT platform is based on private, secured networks which connect physical objects that are accessible through the Internet. With the GBT platform, the IoT “Thing” could be a GBT Technologies product such as GuardianBracelet or GuardianOrb, or other fixed or mobile devices such as a tracker or a cellular phone that has a GopherInsight microchip installed.
Each one of these devices would be assigned an ID and IP address on our private secure network and would be able to collect and transfer data over the network without manual assistance or intervention.
In order to enhance the performance, security, RF capabilities and power consumption of our microchip technology , we implemented IoT methodologies within our EDA (Electronic Design Automation) computer programs Epsilon and Sigma. Each one of these programs is used during integrated circuit design for a variety of design enhancements. We have also added a feature called “IoT Aware,” which uniquely considers IoT challenges during chip design stages.
Our technology is targeted for integration into a wide variety of leading applications, among them are autonomous machines, smart drones, military and rescue, law enforcement, GEO tracking, medicine, robotics and more.
Our goal is to create a family of devices that is “Internet of Things-native” and controlled via our embedded software integrated into in many different kinds of systems. Our devices represent themselves digitally, and can be controlled from anywhere. GTCH products are connected to our private, secured communication protocol and enable our technology to control and manage more data from more places. This will ensure greater efficiency of digital and inter-personal communications, thus improving our lives and security.
Recent Updates
GBT Technologies – Mobile Database Patent Filing Receives Innovative Review
SANTA MONICA, Calif., Aug. 14, 2019 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT”, or the “Company”), a company specializing in the development of Internet of Things ( IoT ) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced that its Mobile Database Sharing PCT patent received a positive written opinion review by The Patent Cooperation Treaty (“PCT”) International examiners on August 5, 2019.
The patent claims were found to be novel and have “inventive step”, meaning they are “non-obvious”, which is positive for the Company. Based on this, the Company will submit a request to expedite the U.S. Application in order to move quickly to get the patent granted domestically and internationally. The technology in the patent claim is targeted to work within the Company’s private, secured communication protocol gNET, enabling vast database handling and management between devices. This proprietary database management system will also be adding another significant layer of cyber security to the Company's IoT/Mobile network, and is intended to be integrated with the the Company's granted Patch patent.
"Our Mobile Database Sharing patent is protecting one of our essential intellectual properties, which is targeted to work within our Avant! AI engine, currently being developed by GBT Costa Rica,” stated Dr . Rittman, the Company’s CTO.
“This technology is targeted for autonomous machines, IoT/Mobile networks, robotics and secured radio based designs. We are seeking domestic and international IP protection and will submit a request to expedite the domestic and international patent application,” added Douglas Davis, the Company’s CEO .
GBT Technologies – Update: Testing Avant! AI as Virtual Agent
SANTA MONICA, Calif., Aug. 07, 2019 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT”, or the “Company”), a company specializing in the development of Internet of Things ( IoT ) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced that it is now testing its Avant! AI Virtual Agent through GBT Technologies, S.A. , a Costa Rica Company (“GBT CR”), prior to official release.
AVANT! AI further development is now being tested by GBT CR with the goal of positioning the platform for testing over the next several weeks. Following the testing, the Virtual Agent will be officially released to demonstrate its capabilities. One of the key applications of Avant! is to perform as a Virtual Agent to provide a vital information service. The goal is for it to assist in a wide range of topics just like a human being. GBT CR is targeting the use of an intelligent virtual agent for expert communities that are essential in our daily lives, which could potentially include healthcare advisors, engineering design, customer service, financial analytics and more.
"We are in the testing phase of our intelligent agent, and expect an exciting future for our Avant! Virtual Agent application," stated Salomon Ocon, GBT CR’s CEO . "Avant! Virtual Agent is capable of understanding questions, search for relevant information, perform an analysis and advise with the best conclusions. Furthermore, Avant! Virtual Agent requests user's feedbacks and will consider them in its next analysis in order to provide more efficient and accurate information. This is an integral part of the system's learning capabilities. We expect Avant! will get better with time with additional users and with more users’ interactions, with the goal of making it a highly advanced question/answer machine. We plan to continue to develop the Virtual Agent with the goal of achieving performance close to a human being's ability to answer questions,” added Mr. Ocon.
“The Virtual Agent first release will provide an information assistance about GBT using Avant! is designed to perform rapid text mining and complex analytics on huge volumes of unstructured data making it an expert system for wide variety of applications," added Dr . Rittman, the Company’s CTO.
GBT Technologies – Mobile Database Patent Filing Receives Innovative Review
SANTA MONICA, Calif., Aug. 14, 2019 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT”, or the “Company”), a company specializing in the development of Internet of Things ( IoT ) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, announced that its Mobile Database Sharing PCT patent received a positive written opinion review by The Patent Cooperation Treaty (“PCT”) International examiners on August 5, 2019.
The patent claims were found to be novel and have “inventive step”, meaning they are “non-obvious”, which is positive for the Company. Based on this, the Company will submit a request to expedite the U.S. Application in order to move quickly to get the patent granted domestically and internationally. The technology in the patent claim is targeted to work within the Company’s private, secured communication protocol gNET, enabling vast database handling and management between devices. This proprietary database management system will also be adding another significant layer of cyber security to the Company's IoT/Mobile network, and is intended to be integrated with the the Company's granted Patch patent.
"Our Mobile Database Sharing patent is protecting one of our essential intellectual properties, which is targeted to work within our Avant! AI engine, currently being developed by GBT Costa Rica,” stated Dr . Rittman, the Company’s CTO.
“This technology is targeted for autonomous machines, IoT/Mobile networks, robotics and secured radio based designs. We are seeking domestic and international IP protection and will submit a request to expedite the domestic and international patent application,” added Douglas Davis, the Company’s CEO .
Market Opportunity
Wireless Mesh Network market forecasted CAGR of 15% from 2017 – 2026*
• Forecasted to grow from $3.45 billion to $12 .1 billion
• Primary target markets: Education, Government (Public Safety, Military),
Transportation and Logistics, Mining, Hospitality, Healthcare, Smart Cities and Smart Warehouses, Oil & Gas
IoT Market forecasted CAGR of 20% from 2017 – 2021**
• Forecasted to grow from $235 billion to $520 billion
• Greatest areas of growth: Data center & analytics – 50% CAGR ; Systems
integration – 40% CAGR ; Things – 25% CAGR ; Consumer devices – 20% CAGR
The Bottom Line
GTCH is a no brainer from a technical point of view.
The chart is screaming breakout at the moment, and could see a significant move in the very near future.
The IoT market is growing rapidly, and GTCH's business plan is geared to capitalize via multiple revenue streams.
We believe that GTCH could be our next alert to breakout for monster gains.
(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
*Past performance is not an indicator of future returns. The publishers of this report are not investment advisors and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. The publishers of this report have received compensation from a third party of USD $5,000 via bank wire for a 5,000 view marketing contract for GTCH. We were previously compensated USD $12,500 by a third party via bank wire for a 12,500 view marketing contract for GTCH. Never make investment decisions based on anything the publisher of this report says. This message is meant for informational and educational purposes only and does not provide investment advice.