The hype surrounding artificial intelligence shows no signs of abating, with NVIDIA and SMCI consistently breaking new highs. Thanks to outstanding financial performance and a robust order backlog, there seems to be no end in sight to this rally.
One company that could potentially join the rally is Datametrex. Positioned as a growing specialist in artificial intelligence, Datametrex recently made a significant acquisition – LOTTE, a major customer based in South Korea. LOTTE, one of South Korea’s top five companies, operates the largest online store in the country and boasts approximately 56,369 employees in South Korea and 3,600 in Japan. The estimated corporate assets of the LOTTE group stand at around USD 50 billion. Notably, LOTTE has engaged in joint ventures with well-known entities such as Canon and Fujifilm.
Datametrex’s future growth prospects are promising, given the substantial order volume anticipated for IT services and AI applications, potentially reaching into the three-digit million range. The AI AnalyticsGPT, developed at the end of the previous year, was created in collaboration with and for the US Army. This platform scans massive data streams from various sources, including social media, news, blogs, forums, messengers, enterprise data, and the dark web, facilitating easily accessible predictive analytics. Developed in partnership with the Canadian government and Defense Research, this technology combines battle-tested social media intelligence with cutting-edge AI, deep learning, NLP, and big data analytics. This powerful combination not only uncovers opportunities but also alerts users to potential threats, revolutionizing data interpretation.
Of particular interest is the recent hiring of the former Vice President of Samsung for the Defense division. Dr. Kim, now Vice President of Military and Infrastructure at Datametrex, brings a wealth of experience from his decade-long tenure at Samsung. His achievements include securing major contracts, such as a C4i project for the Army, Navy, and Air Force valued at approximately 150 million Canadian dollars, and the development of Iraq’s information and communications network worth around 110 million Canadian dollars. Dr. Kim’s role at Datametrex is expected to drive collaboration with the US Army and further enhance the company’s standing in the AI and military sectors.
