Carl Data Solutions (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) this morning said that its subsidiary in Poland has received a $300,000 research and development grant through the European Union (“EU”) to fund the exploration and development of artificial intelligence (“AI”) to monitor aging critical infrastructure. The company’s research will primarily focus on machine learning based AI that is able to continuously predict how anticipated storm events will impact water infrastructure, allowing the time needed for workers to protect cities from flooding and other damage. Carl Data Solutions Poland will work closely with the Department of Decision Systems and Robotics at Gdańsk University of Technology, coordinating with a research team of PhDs and engineers who have been studying water infrastructure for decades. “The outcome of this project has potential to allow Carl Data’s Polish subsidiary to resell this innovative technology throughout the EU and North America. We are excited to have government and international support for developing these in-demand products and services,” Carl Data CTO and an architect in designing the project Piotr Stepinski stated in the news release.
To view the full press release, visit http://dtn.fm/MUbU6
Let us hear your thoughts: Carl Data Solutions Inc. Message Board
About Carl Data Solutions Inc.
Carl Data Solutions Inc. is focused on providing next generation information collection, storage and analytics solutions for data-centric companies. Building on its recent acquisitions, Carl helps its clients analyze and understand all forms of environmental data through a powerful platform of data collection, monitoring, analysis and reporting tools. Carl Data continues to develop applications to work with new cloud-based mass storage services and analytics tools (Big-Data-as-a-Service (BDaaS) to provide scalability for municipalities, utilities and other industrial verticals. These data collection and storage methods allow the company to build smart Software-as-a-Service (SaaS)-based applications that can collect data from many diverse sources and provide deep insight for decision-making purposes. For more information, visit the company’s website at www.CarlSolutions.com.
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.