- 35%-80% cost savings offered by AITX's RAD security solutions.
- Over 35 Fortune 500 companies included in the sales pipeline.
- Targeting a $50 billion U.S. security services market.
Artificial Intelligence Technology Solutions, Inc. (AITX, Financial) and its subsidiary, Robotic Assistance Devices (RAD), are gaining traction in the security solutions sector, leveraging economic uncertainty to showcase their AI-driven offerings. As businesses seek cost-efficient alternatives to traditional security personnel, RAD's products, including ROSA, RIO, and AVA, are becoming increasingly popular.
RAD's security solutions promise operational cost savings ranging from 35% to 80% when compared to conventional security guarding models. These AI-enabled technologies are specifically designed to detect threats, automate responses, and enhance the protection of facilities in sectors such as healthcare, education, logistics, and property management.
The company reports a promising sales pipeline that includes over 35 Fortune 500 companies, signaling strong interest from major enterprises. AITX is strategically targeting the $50 billion U.S. security and guarding services industry with its Solutions-as-a-Service business model. All RAD technologies, including AI analytics and software platforms, are developed in-house, ensuring tailored and efficient solutions for their clients.
Amidst economic challenges, including tariffs and cautious spending by businesses, RAD's solutions offer a reliable and cost-effective way to maintain security standards. Steve Reinharz, CEO/CTO of AITX and RAD, highlights the importance of delivering powerful security solutions that reduce costs and enhance safety for enterprise clients during times of economic pressure.
Mark Folmer, President of RAD, emphasizes a shift in organizational approaches to security, with an increased demand for active and intelligent solutions that provide measurable value. The effectiveness of RAD's solutions in reducing costs, improving response times, and offering strategic advantages is attracting businesses looking to optimize their security operations.
Through innovative AI-driven solutions, AITX continues to redefine the security services industry, offering a compelling alternative to traditional security personnel and paving the way for strategic cost reductions and enhanced security management.
