Reopening Global Business and the new normal
In the aftermath of the outbreak it is not a secret that individuals, businesses and governments worldwide must establish new norms in order to slowly reopen and resume operations.
Thermal imaging is booming
The COVID-19 pandemic brought awareness to the United States of the importance of using thermal-detection technology as a first-level screening tool to prevent the spread of contagious diseases in locations and situations where people gather in large groups. In addition, employees are demanding that employers provide a safe work environment, beginning with temperature checks that help to promote a healthy environment.
Here is where Remark's technology comes into play :
"We are proud that customers such as casinos, entertainment venues, government agencies, hospitality organizations, industrial operations, law enforcement, and retail establishments have placed their trust in our AI-based thermal products to function as part of the solution for reopening the U.S. economy," stated Kai-Shing Tao, CEO of Remark Holdings. "Our solutions provide touch-free access control and monitoring, as well as accurate temperature measurement and the ability to scan as many as 120 people per minute, a rate that is approximately 10 times faster than manual checks. Our solutions also filter out non-human heat sources and provide security personnel with real-time alerts with photo identification."
Since we must restart the economy in the midst of an ongoing pandemic, it makes no doubt that such tools will not only help us regain a feeling of safety but can effectively limit further spread as hubs, offices, schools, restaurant get crowded again.
Remarks holds the key that several Billion dollars companies need to reopening their doors. At the market capitalization of $50M, we felt that $MARK was undervalued and once it broke through our bullish trigger confirmation (after the $1 price mark was reached), we decided to enter position:
About Remark Holdings, Inc.:
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a wide range of applications within the retail, financial, public safety and workplace arenas. The company also owns and operates digital media properties that deliver relevant, dynamic content and ecommerce solutions. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company's website at www.remarkholdings.com.