First three locations identified to give high-speed computing for AI and other applications to underserved communities
Duos Technologies Group, through its operating subsidiary Duos Edge AI, Inc., a provider of adaptive, versatile, and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, announced today that the newly appointed President, Doug Recker, has identified the planned locations for the first three units. The Company is preparing for the construction and installation of the first EDCs exclusively for the new entity which is expected to be deployed and operational in late Q3.
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With over 30 years of experience in telecommunications and data centers, Mr. Recker will now lead the subsidiary’s initiatives to provide EDCs to remote districts, including schools and health facilities. This venture will leverage Duos’ expertise in AI processing to drive innovation and efficiency across various sectors. During a recent press conference, Mr. Recker highlighted the significant opportunities for Duos in delivering high-speed connectivity and compute power to underserved areas, emphasizing the potential to revolutionize the technological landscape for remote and rural communities.
“I am excited that we are off to a fast start with the identification of the first three sites,” said Mr. Recker, President of Duos Edge AI. “We are identifying the resources necessary to complete multiple units by the end of this year and my expectation is that we will begin recording recurring revenues starting in Q4.”
Chuck Ferry, CEO of Duos, said that he is pleased that the new subsidiary appears to be off to a fast start. “Doug is updating me on his plans for Duos Edge AI and appears poised to close some meaningful business in the near future.” Mr. Ferry added that the first EDC is expected to be in full revenue production by late October, with the second and third units following closely and expected to be in revenue production by November.
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Duos Edge AI, as a subsidiary of Duos, will specialize in providing scalable, cost-efficient IT resources, seamlessly integrating with existing infrastructure to enhance capabilities at the network edge. The Company has considerable experience in localizing resources close to devices, as duostech has demonstrated with its Railcar Inspection Portals (RIP®), each of which has an Edge Data Center co-located with the portal. The objective is to provide maximum application effectiveness by minimizing latency. Duos focuses on optimizing performance, particularly for AI applications, utilizing distributed architectures for computing efficiency across edge, cloud, and enterprise layers.
Duos expects to make further announcements on the progress of this business unit over the coming weeks.
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