- RAD Steve Reinharz communicates via twitter and respected for his transparency
- Anticipated 10Q may reveal more info on “the greatest day in RAD history
- Recently added a 2nd major partner in the Security Guard sector
- Artificial Intelligence is the future
Follow him on Twitter: @SteveReinharz …this is where investors have fallen in love with his style and gained rock star status. Steve is active with his tweets and often responds to shareholders. There were times that the company had an amazing day in the market, not due to a strong press release, but an optimistic tweet from Mr. Reinharz. Ive always been impressed with Steve’s ability to utilize twitter in order to interact with shareholders instead of the old school way of 8K’s and press releases. I feel more CEO’s need to get on board with this trend.
PSA Security Network encompasses more than 400 branch locations, employing more than 7,500 industry professionals, with more than $4.5 billion annually in security, fire, life safety and pro audio-visual installations. By leveraging the power of the PSA Security Network, RAD will expand the geographic reach of the innovative S5 Security Guard Robot solution while allowing PSA members to gain access to the rapidly growing artificial intelligence market.
This paired with the June 2nd agreement to work with Allied Universal, whom are the largest guarding company in the United States, recognizes that by adding the use of RAD’s security robots, users can be positively influenced by decreasing the number of “dangerous” posts by human guards and thereby reducing liability for organizations.
“We believe that the versatility of your security robots, particularly the all-terrain capability and advanced electronics allowing integration into our client’s existing security systems, allows us to offer supplemental security services that will significantly benefit our customers,” said Mark McCourt, Vice President, Enterprise Security Systems, Allied Universal Services.
The partnership of humans and robots creates numerous advantages when it comes to providing security. The patrolling capabilities of RAD’s robots and their responsiveness provide human guards with an increased ability to detect intrusion. Additionally, security robots can free up human security guards by manning dangerous or undesirable locations, such as toxic waste plants. This then yields higher cost savings for a company, as insurance costs and labor will decrease.
“Our expectation is that within a few years security robots will be an important piece of security operations for clients that have needs of more than guards at any given location,” McCourt said.
Artificial Intelligence Is The Future Of Growth
Increases in capital and labor are no longer driving the levels of economic growth the world has become accustomed to and desires. Fortunately, a new factor of production is on the horizon, and it promises to transform the basis of economic growth for countries across the world.
To read more of this 27 page report on AI please visit: https://www.accenture.com/us-en/_acnmedia/PDF-33/Accenture-Why-AI-is-the-Future-of-Growth.pdf
Disclosure: PSInvestor was not compensated for the above article nor do they have a position at this time. For our full disclaimer, please click here.