A small company called GBT Technologies Inc. (OTC PINK: GTCH) has developed AI -driven technology for the medical industry as well as military and commercial applications.
Technology is evolving faster than our brain. From wearable technology to smart homes to drones, we all know, and love is “disrupted” by the Internet of Things (IoT). Now a small company called GBT Technologies Inc. (OTC PINK: GTCH) will develop AI -driven technology primarily for the medical industry as well as military and commercial applications. The “difference” of GBT is their potency Avant! AI programs featuring thinking capabilities, and intelligence that empower devices. Right now they are working on FDA1 to identify their technologies as “medical devices” that have the potential to open up many markets far and wide.
GBT Technologies Inc. (OTC US: GTCH) ‘s notable Intellectual Property (IP) portfolio.2 including 3D scanning and imaging, AI personal health assistant, Long-range radio scanning, Advanced nanometer designs, Military remote tracking app and Smart microchips.
Right now, GTCH is a small $ 5.2 million cap company (1/19/22) with an impressive IP portfolio that, when commercialized, has the potential to be worth several billion dollars. Society relies on medical devices and data to help monitor and diagnose epidemics and pandemics. With FDA approval, qTerm could disrupt a potential $ 23.5 billion medical device market.3
Telemedicine is expected to increase by 38% over the next five years4. This creates tremendous opportunity for GBT’s qTerm and AI technology. While the size of the World Artificial Intelligence (AI) market is expected to gain momentum by reaching USD $ 360.36 billion by 20285. Other companies in telemedicine stocks such as Teladoc (NYSE: TDOC) Health’s space include: Sema4 Holdings (NASDAQ: SMFR), Cerner (NASDAQ: CERN), Change Healthcare (NASDAQ: CHNG), MultiPlan (NYSE: MPLN) ) and GoodRx Holdings (NASDAQ: GDRX).
GBT’s wireless motion detection patent application has been approved for priority review by the United States Patent and Trademark Office. This will help provide exclusive licensing to a potential $ 7.5 billion market6.
As technology becomes more ingrained in every aspect of life – work, games and everything in between – GBT Technologies, Inc. is developing better technologies than those previously delivered explosive growth. So it might be an AI idea to get GTCH on your radar right now. Click DITO to read more about GTCH.
Some other well -known stocks in the AI sector to be put on the radar include Tesla (NASDAQ: TSLA), Nvidia (NASDAQ: NVDA), Accenture (NYSE: ACN), ServiceNow (NYSE: NOW), CrowdStrike Holdings (NASDAQ : CRWD) and Palantir Technologies (NYSE: PLTR).
Source 1: https://www.globenewswire.com/en/news-release/2021/01/12/2156859/0/en/GBT-Seeks-FDA-Approval-for-its-qTerm-Device.html
Origin 2: https://www.globenewswire.com/news-release/2021/12/28/2358432/0/en/GBT-GRANTED-Patents-IP-Intellectual-Property-Update.html
Origin 3: https://www.mpo-mag.com/contents/view_breaking-news/2021-10-19/smart-medical-devices-market-worth-2350b-by-2027/
Origin 4: https://www.fiercehealthcare.com/sponsored/rapid-advances-digital-and-remote-health-are-changing-care-delivery-landscape
Source 5: https://www.globenewswire.com/news-release/2021/09/16/2298078/0/en/Artificial-Intelligence-AI-Market-to-Hit-USD-360-36-Billion-by-2028 -Surging-Innovation-in-Artificial-Internet-of-Things-AIoT-to-Augment-Growth-Fortune-Business-Insights.html
Source 6: https://www.globenewswire.com/news-release/2021/04/05/2204145/0/en/3D-Scanning-Market-revenue-to-cross-USD-7-5-Bn-by-2027 -Global-Market-Insights-Inc.html
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