AITX Stock is the stock of Artificial Intelligence Technology Solutions, Inc, a global leader in AI-driven security and productivity products for enterprises.
The Company is a leader in AI-driven security and productivity solutions for businesses. Today, its wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD), released the results of its 2022 Workforce Diversity Survey.
As previously, the survey provides comprehensive information about the full-time workforce demographics. All information is current as of December 22, 2022, and pertains to the calendar year 2022.
AITX CEO Steve Reinharz noted that we had been committed to creating and cultivating a workforce that shows the diversity of the United States, Canada, and other places where our team lives and works. We can and will continue developing an environment where all individuals feel accepted, heard, and appreciated, even though we have made significant progress.
A company’s worldwide workforce survey examines its racial, ethnic, and gender composition. Mark Folmer, president of RAD, said that as AITX and RAD continue to recover from the epidemic, they are seeing an increase in their staff’s racial and cultural diversity. The creation of a diverse workforce upholds much work to do.
AITX and its three subsidiaries employ 85 people across seven departments, including sales, marketing, hardware development, software development, production, client services, and administration.
The $25 billion (US) security and guarding AITX is transforming the services sector through its subsidiary Robotic Assistance Devices, Inc. (RAD). Compared to the industry’s current human security guarding and monitoring paradigm, RAD solutions are intended to provide organizations with cost savings ranging from 35 to 80 percent.
RAD provides substantial cost reductions through a spectrum of fixed and mobile robotic systems that supplement and, in some cases, directly replace the need for humans in areas better suited to machines. RAD technologies, AI-based analytics, and software platforms were developed internally.
There are over 35 Fortune 500 companies in RAD’s sales pipeline and several additional potential customers. RAD anticipates further expansion as it transforms its current sales opportunities into deployed customers that generate recurring income. Over time, Fortune 500 customers will be able to reorder many times.
AI Technology Answers (AITX)
AITX is a pioneer in the supply of artificial intelligence-based solutions that enable enterprises to obtain new insights, overcome complicated obstacles, and generate innovative business concepts. Through AITX’s next-generation robotic product offerings, the RAD, the RAD-M, and the RAD-G enterprises streamline operations, enhance return on investment, and help businesses grow.
AITX technology simplifies and reduces the cost of patrolling and security services, allowing skilled staff to focus on more critical tasks. Customers achieve enhanced situational awareness and personnel skills at a dramatically reduced cost. AITX technologies can be used in various sectors, such as business, government, transportation, infrastructure, education, and healthcare.
STATEMENTS WITH FORWARD-LOOKING CONTENTS CAUTIONARY DISCLOSURE
According to Section 27A and Section 21E of the Securities Exchange Act of 1934, this press release contains “forward-looking statements.” The Securities Litigation Reform Act’s safe harbor provisions make forward-looking statements. Besides statements of historical fact, this press release contains “forward-looking statements” that reflect current expectations and assumptions.
Forward-looking statements may not accurately reflect actual results, including, but not limited to: the ability of Artificial Intelligence Technology Solutions to meet its obligations, to provide working capital from operating revenues, to obtain additional financing required for future acquisitions, to meet competitive challenges and technological advances, and to meet other risks and uncertainties.
This press release should not be interpreted as a forecast of the Company’s stock price, sales, or operating performance in the future. Further, this report needs to indicate the Company’s future sales based on industry data.
As a result of actual results or changes in Artificial Intelligence Technology Solutions’ expectations, Artificial Intelligence Technology Solutions is not obligated to update or confirm any forward-looking statements.
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