Advanced Mobility Analytics Group (AMAG)AMAG (Advance Mobility Analytics Group) have developed the world’s first Safe Mobility Alert Real Time (SMART)Artificial Intelligence delivered via Software-as-a-Service to enable governments to achieve Vision Zero and SafeSystems policy objectives. During the year AMAG has continued integrating video analytics, artificial intelligence, deeplearning and advanced econometrics techniques to provide analytics for managing road safety and operations and hasentered into 12 contracts and is negotiating 3 more with cities and other government departments in a number ofcountries for their SMART Platform.In the last six months, AMAG has expanded to 25 full and part-time staff, secured a high-profile Chief MarketingOfficer with experience in publicly listed global technology companies, expanded its product offering (see below) andformed strategic go-to-market and technology partnerships, including Pointerra and Stantec to help build and deliverits SMART Infrastructure Module.AMAG aims to become a world-leading provider of predictive analytics in transport. It is developing a number ofmodules that it will bring to market within a year with the Traffic Safety module released in 2020 and the TrafficOperations module to be released in the next three months.PPK’s holds a 20% interest in AMAG at an initial investment of $1.500M. https://company-announcements.copyright link/asx/ppk/71d3e0ed-0a23-11ec-8963-06ef51a09471.pdf
3DP Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
