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Be the first with the news that moves the market- Datametrex AI (DM), along with its consortium partner, has secured a multi-phase R&D program contract
- Datametrex will collaborate with its partner to improve the investigation of social media influencer activities
- Datametrex CEO Marshall Gunter sat down with Caroline Egan to discuss the contract
- Increasing cybersecurity incidents and regulations requiring their reporting are driving the US$300 billion cybersecurity market
- Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning
- Datametrex AI Limited (DM) opened trading at C$0.22 per share
Datametrex AI (DM), along with its consortium partner, has secured a multi-phase R&D program contract.
The total value of the fully realized contract is approximately $40 million.
Datametrex CEO Marshall Gunter sat down with Caroline Egan to discuss the contract and share his outlook for 2022.
Datametrex has been tasked to collaborate with its partner using Datametrex’s Social Media Automated Reporting Technologies (SMART) to improve the investigation of social media influencer activities.
Datametrex is not permitted to provide details about the contract and the scope of work.
According to the analysts of Mordor Intelligence, the cybersecurity market is expected to reach US$352.25 billion by 2026. Increasing cybersecurity incidents and regulations requiring their reporting are driving the cybersecurity market.
“This is a major milestone we accomplished for Datametrex. This will be a pivot for us to attract other high-profile customers to our AI business. Our selection on the next phase of the program is strong evidence in our superior AI solutions,” commented Andrew Ryu, Chairman of the company.
“This proves that our technology will help maintain a technological advantage in the state of social media cyber security. We are excited to commence this next phase of this large contract,” says Marshall Gunter, CEO of the company.
SMART reduces the time needed to interpret and integrate large sets of data by offering powerful automated analyses. SMART allows an analyst to deal with hundreds of thousands of social media documents in minutes rather than hours or days.
Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy.
Datametrex AI Limited (DM) opened trading at C$0.22 per share.
