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Visium Technologies Inc (VISM) develops tailored AI solutions for top global brands. With a team of expert engineers at EPFL Innovation Park in Lausanne and ETH Technopark in Zurich, they create customized, high-performing machine learning products. Partnering with Switzerland's iconic brands, they serve as strategic AI allies, offering value at every AI development stage. By introducing fresh approaches to industry challenges and optimizing data stacks, Visium implements cutting-edge techniques from scientific literature to enhance ML model performance. They guide clients through the entire ML project cycle, from ideation to integration and scaling, delivering innovative technology solutions.
Visium Technologies (OTC PINK:VISM) recently published a letter to shareholders from CEO Mark Lucky, highlighting the company's strategic direction and growth opportunities in 2023. The firm is shifting its market focus towards Africa and the Caribbean, establishing its African Business Development Advisory Board to drive digital transformation initiatives. Collaborations have been initiated in countries like Burkina Faso and Malawi, aiming to deploy its TruContext platform for cybersecurity solutions.
In the Caribbean, partnerships are forming with local firms to enhance the platform's presence, particularly in the Bahamas and Trinidad & Tobago. Visium is also enhancing its platform capabilities through integration with Natural-Language Processing technologies. The company anticipates significant contract closures in both domestic and international markets, positioning itself for a robust future.
Visium Technologies (OTC PINK:VISM) has entered a Memorandum of Understanding with the Republic of Malawi and The Joyce Banda Foundation. This partnership aims to leverage Visium's TruContext data analytics platform for advanced predictive analytics in climate change and cybersecurity. Following the devastation of Cyclone Freddy, which resulted in over 1,200 fatalities, the collaboration focuses on improving storm tracking and preparedness. CEO Mark Lucky emphasized the importance of real-time analytics in mitigating climate-related impacts and expressed optimism about extending these efforts throughout Southern Africa. The initiative also aims to bolster Malawi's cybersecurity infrastructure and develop a highly skilled workforce in the field.
Visium Technologies, Inc. (OTC PINK:VISM) has announced a strategic partnership with Bahamas Mobile Services, Ltd to promote its TruContext data analytics platform in the Bahamas and Turks and Caicos. This collaboration aims to provide enhanced cybersecurity solutions to tackle issues like drug trafficking, illegal immigration, and rising crime rates in the region. The partnership seeks to support local businesses and government organizations with real-time analytics and actionable information. CEO Donovan Wisdom emphasized the importance of addressing these challenges through advanced technology, while Visium's CEO Mark Lucky expressed excitement for the revenue opportunities available in cybersecurity and AI-based surveillance enhancements.
Visium Technologies, Inc. (OTC PINK:VISM) has announced a strategic partnership with We Source It 4 U, Ltd to market its TruContext advanced analytics platform in Trinidad and Tobago, Guyana, and across Latin America. This collaboration aims to enhance cybersecurity measures and provide data analytics solutions for various sectors, including healthcare and finance. The partnership comes in response to increasing digital threats, particularly following recent cybersecurity breaches in the region. Both companies emphasize their commitment to improving data security and combating challenges like illegal immigration and money laundering.
Visium Technologies, Inc. (OTC PINK:VISM) will attend the Africa Fintech Summit in Washington, DC on April 12, 2023.
This summit, founded in 2017, focuses on Africa's financial technology landscape and expects over 4,000 attendees, including key government and private sector representatives. Visium will showcase its data analytics platform, TruContext, aimed at addressing cybersecurity and public safety issues discussed at the event.
CEO Mark Lucky emphasized the significance of presenting TruContext on a global stage and its applications in various critical areas including cybersecurity and fraud prevention.
Visium Technologies, Inc. (OTC PINK:VISM) will participate in the Emerging Growth Conference on March 22, 2023, providing a platform for real-time interaction with investors. CEO Mark Lucky will present at 9:40 AM Eastern Time for 30 minutes, followed by a Q&A session. Investors can submit questions in advance or ask live during the presentation. The conference aims to showcase innovative companies, allowing public businesses to engage effectively with a broad audience of investors and analysts. Recorded sessions will be available post-event on YouTube and EmergingGrowth.com.
Visium Technologies has announced the formation of its Africa Business Development Advisory Board, chaired by Dr. Gloria B. Herndon. This board is comprised of esteemed leaders including Dr. Lassina Zerbo and several ambassadors, aimed at enhancing Visium's growth in the African and Middle Eastern markets.
With Africa's tech ecosystem projected to expand from $115 billion in 2022 to $712 billion by 2050, this initiative will leverage the board's expertise to support Visium's TruContext technology platform, capitalizing on significant market opportunities driven by U.S. investments in Africa's digital transformation.
Visium Technologies (OTC PINK:VISM) has secured a $1.5 million contract with the Innovation Science & Security Center for a 5-year license to implement its TruContext™ cybersecurity platform in Burkina Faso. The platform aims to enhance cybersecurity by providing real-time situational awareness. CEO Mark Lucky highlighted the increasing demand for cybersecurity solutions in Africa and noted growing investments from US companies in the region. The TruContext™ platform is designed to provide actionable insights to security analysts, ensuring comprehensive protection for data and networks.
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