Blockbuster News (NASDAQ: IVDA) Multi-Mln-Dlr AI Security Smart City Projects Throughout Vietnam!

Breaking News: (NASDAQ: IVDA) Announces Blockbuster News Today Partnering For Multi-Mln-Dlr AI Security, Safety Solutions Throughout Vietnam 10XProTrader, This is Kevin Vander with "10XProTrader" delivering you an important update on Iveda Solutions (NASDAQ: IVDA), and Congrats on one of our recent picks (NASDAQ: LRHC) that ran up 380% today! For the new members who just joined us, welcome! For our loyal ones, a big Congrats on our pick (NASDAQ: LRHC)! Congrats, to those of you who played the swings on LRHC… Today (NASDAQ: LRHC) Rocketed to a pre-market high of $6.30 running up +380%. The stock closed yesterday at approx. $1.31/share and this morning it hit a staggering pre-market high of $6.30/share running up 380%. IVDA has been building heavy momentum regarding more and more news. Investors should be paying close attention to Iveda® (NASDAQ: IVDA). Today Iveda released Blockbuster News- Iveda and VinaFore Partner for Multi-Mln-Dlr AI Security and Safety Solutions throughout Vietnam! See below... This news comes on the heels of major IVDA expansion and partnerships across the Philippines and Egypt. With VinaFore offices in San Francisco, Taipei, Hanoi, Saigon, Shanghai, Singapore, Jakarta, Myanmar, and Cambodia, this ongoing partnership is slated to propel Iveda’s growth and increase market expansion oppor∙tunities throughout 2024 and beyond. Iveda and VinaFore, Authorized AI Solutions Provider to the Vietnamese Government, Partner for Multi-Mln-Dlr AI Security and Safety Solutions Mandated Across Vietnam  In collaboration with the Vietnamese government, the organizations will join forces on design and technology specifications for smart city projects throughout the country  MESA, Ariz., February 22, 2024--(BUSINESS WIRE)--Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI, today announced a partnership with VinaFore Informatics and Telecommunication JSC to bolster transportation, telecom, and smart city solutions throughout Vietnam. After signing a memorandum of understanding (MOU) with the Vietnamese government in 2023, VinaFore selected Iveda to incorporate its leading AI capabilities into current infrastructure and will use IvedaAI to effectively improve upon existing solutions throughout the region. These projects are currently in the design phases and are anticipated to be multi-mln-d∙lr undertakings for 2024 and over the course of the next several years.  "Last year was spent laying critical groundwork alongside VinaFore; now, 2024 is slated to be a year of massive growth and implementation for Iveda across Vietnam," said David Ly, Iveda CEO and founder. "With use cases spanning traffic and transportation, manufacturing, and safety, Iveda’s powerful AI and virtual reality technology will help propel VinaFore and its partners into the fifth industrial revolution, bringing Vietnamese smart cities to life while dramatically increasing Iveda’s presence and market share throughout the region."  According to MarketsandMarkets, the global intelligent transportation system market is projected to reach nearly $7B by 2028. Over the course of 2024, VinaFore will work with Iveda––in collaboration with additional in-country partners including CMC Corporation, Mobifone, and Hanoi Telecom––to establish a solid foundation for future AI technology deployments and smart city expansions in the transportation space and beyond. Projects include:  - Information Technology Service (ITS) project with the Department of Transportation in Hanoi: IvedaAI’s Machine Vision technology––and its ability to classify and quantify vehicles and people, while identifying high-traffic time, space, and frequency, all in real time––will aid VinaFore in improving traffic congestion pains throughout the capital and surrounding areas. - Active project with the Vietnam Road Administration: VinaFore will be integrating IvedaAI to help manage the types of vehicles traveling throughout parts of the region at certain times of day to improve safety and traffic congestion. This project will stretch from Saigon to the Long An Province (approximately 75 kilometers) and is scheduled to kick off in Q2 of 2024. - Operational improvements to Vietnamese industrial parks: In collaboration with its partner network throughout the country, VinaFore will incorporate Iveda technology to increase operational efficiencies and safety improvements to over 600 industrial parks across Vietnam. With more than 100 AI features and applications already identified as immediately valuable to these industrial customers––including people and vehicle counting, face recognition, license plate recognition, fire and smoke detection, and intrusion detection––this project is slated to begin this year with integration and API work between providers and stakeholders already well underway. - Proof of concept project (POC) with a major printed circuit board (PCB) manufacturer: This POC will use Iveda’s newly released AI vision software vumastAR to conduct quality control inspections of products prior to final packaging. Iveda and VinaFore are currently working with the customer to actively train vumastAR’s customizable AI technology for a variety of automated inspection tasks. - As a result of this POC, VinaFore will be showcasing IvedaAI and vumastAR at SaigonTex 2024, the largest textile and garment industry expo in the Association of Southeast Asian Nations. At the event, Iveda will demonstrate the technology’s capabilities to thousands of major manufacturers throughout the greater Southeast Asian region. - Partnership with the city of Da Nang: Known for being one of Vietnam’s most innovative and technologically advanced cities, Da Nang is well-equipped with telecommunication infrastructure and mature ITS projects. Over the course of 2024, Iveda will work to layer its AI capabilities into the city’s existing infrastructure, adding functional intelligence to the video cameras already in place throughout the city.  The stock is currently trading around $1.00 per share and has seen huge intra-day run ups. Look at this incredible chart below. This stock has been on an absolute tear lately. Could we see another huge leg up this morning as this stock continues its very bullish rally? Could we see $1.20?...$1.30?...$1.50?...if this momentum continues? Bullish Catalyst - The Maxim Group Initiated Coverage of Iveda Solutions (NASDAQ: IVDA) with a Buy rating and $3.00 Price Target [ (Representing +200% in Upside Potential) ](  Initiating with Buy Rating and $3.00 PT  The price target at $3.00 implies +200% upside from its current $1.00/share price. Investing.com Technical Opinion Rating Issued (NASDAQ: IVDA) a Bullish STR∙ONG B∙UY Rating Overall, technical indicators are signaling a "Bullish STR∙ONG B∙UY Rating" based on Investing.com technical analysis. Two Huge Catalyst Could Send Shares of (NASDAQ: IVDA) Vertical #1. Mr. Alan Klee who is the Wall Street Analyst from Maxim Group pegs a $3.00/share [12 - Month Target Price On IVDA Seen Here]( #2. Tuesday,2/20/24 - 9:00am Est. Iveda Accelerates Real-Time Vape and Anti-Bullying Detection with the Launch of IvedaAI Sense with Cerebro AI Platform Iveda Accelerates Real-Time Vape and Anti-Bullying Detection with the Launch of Iveda AI Sense with Cerebro AI Platform Tuesday 2/20/2024 9AM (NASDAQ:IVDA), the global solution for cloud-based AI, today unveils the launch of IvedaAI Sense, an AI-based sensor that can precisely detect smoke and vapor particles and incidents of bullying. Integrated into the IvedaAI platform, IvedaAI Sense can be installed in various settings, including schools, offices, and other public spaces. IvedaAI uses deep learning technology to constantly observe everyday behaviors and patterns, continually improving its analytics to make informed recommendations and decisions. Providing real-time alerts and notifications, IvedaAI Sense’s state-of-the-art technology can help reduce on-campus fights and smoking rates, creating a more functional and safer environment for all. IvedaAI Sense has a suggested retail price of $1,500 per unit at its standard configuration, with school campus requirements anticipated to range from 40–200 units (or $60,000–$300,000) depending on the size of the campus. Iveda anticipates working with school districts––specifically those with multiple schools/campuses––as the primary decision maker and purchaser of an IvedaAI Sense deployment. Iveda’s established reseller network includes the direct customer contacts required to showcase IvedaAI Sense to those most likely to benefit from the technology. As the teen vaping epidemic continues to prevail, school administrators and health officials are struggling to combat the deadly trend. In 2023, the U.S. Food and Drug Administration (FDA), reported that more than 1 out of 4 students use e-cigarette products daily. Further, a study published by UC San Francisco School of Nursing estimates that the use of electronic cigarettes costs the United States $15 billion annually in health care expenditures––more than $2,000 per person a year––and in a school setting, it can be impossible for teachers and administrators to account for each student’s usage. More Breaking News Continues With IVDA Iveda Philippines Targeting $5M in Smart City Advancements MESA, Ariz., February 13, 2024--([BUSINESS WIRE]( (NASDAQ:IVDA), the global solution for cloud-based AI, proudly announces Iveda Philippines JV (joint venture) is set to achieve $5M in executed contracts over the next 12 months, declaring 2024 its banner year. Following the success of its [Iveda Safe City]( presentations throughout 2023, with cities across the nation witnessing the potential of Iveda's innovative solutions, several city budgets across the region are gearing up to integrate [IvedaAI]( into their operational frameworks in 2024. Cities in this initiative include Cebu (the largest in the Philippines), Bacolod, Iloilo, and Davao, marking a significant stride towards a safer and more technologically advanced urban landscape. As Iveda continues enabling metropolitan areas across the globe to achieve true smart city status, Iveda Philippines remains critical in the facilitation of relationships necessary to execute mutually beneficial, long-term contracts. Bolstering Philippine President Ferdinand "Bongbong" Marcos Jr.’s efforts to [drive infrastructure development]( in the region, this $5M target reflects the strong commitment from cities to leverage Iveda's AI solutions, emphasizing their trust in the capabilities of the technology, particularly to enhance public safety and city management.  Iveda Solutions, Inc. (NASDAQ: IVDA) provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software; IvedaPinpoint, a solution that manages Bluetooth trackers and sensors, and displays them on a map for exact location; and Sentir Video, a video surveillance solution for various kinds of applications. It also provides Cerebro IoT Platform, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices; and IvedaSPS, a smart power solution utilizing in Cerebro IoT platform. In addition, the company offers Utilus smart pole solution that consists of power and Internet with a communication network for the access and management of sensors and devices. It serves airports, commercial buildings, government customers, data centers, shopping centers, hotels, banks, and safe city projects. Iveda Solutions, Inc. was founded in 2003 and is based in Mesa, Arizona. Iveda Solutions (NASDAQ: IVDA) The Global Solution for Cloud-Based AI Proudly Announces Iveda Solutions Philippines JV (joint venture) is set to Achieve $5M in Executed Contracts Over the Next 12 months, Declaring 2024 its Banner Year! Following the success of its [Iveda Safe City]( presentations throughout 2023, with cities across the nation witnessing the potential of Iveda's innovative solutions, several city budgets across the region are gearing up to integrate [IvedaAI]( into their operational frameworks in 2024. Cities in this initiative include Cebu (the largest in the Philippines), Bacolod, Iloilo, and Davao, marking a significant stride towards a safer and more technologically advanced urban landscape. As Iveda continues enabling metropolitan areas across the globe to achieve true smart city status, Iveda Philippines remains critical in the facilitation of relationships necessary to execute mutually beneficial, long-term contracts. Bolstering Philippine President Ferdinand "Bongbong" Marcos Jr.’s efforts to [drive infrastructure development]( in the region, this $5M target reflects the strong commitment from cities to leverage Iveda's AI solutions, emphasizing their trust in the capabilities of the technology, particularly to enhance public safety and city management. "This ambitious goal underscores Iveda's dedication to driving advancements in AI technology and making a substantial impact on the landscape of smart cities in the Philippines," said David Ly, Iveda CEO and founder. "As the nation moves towards embracing cutting-edge technologies, Iveda Philippines stands at the forefront, paving the way for a future where AI seamlessly integrates with city governance. Iveda Philippines will emerge as a trailblazer in 2024, propelling the nation towards a more secure, efficient, and technologically-empowered future. As Iveda continues to scale its global footprint, we affirm our position as a leader in the AI sector, leveraging groundbreaking technologies to create a smarter and safer world for all." To accomplish its JV sales target of $5M for 2024, Iveda Philippines is on a mission to collaborate with 100 Government Units across the country as the region works to radically modernize its key infrastructure, including the country’s airports, streets, and sidewalks. Leveraging [IvedaAI™]( uses deep learning technology for advanced AI Video Search––municipalities and organizations across the Philippines are armed with a solution to digitize services and set standards for data storage, protection, and utilization. The technology also adds intelligence to existing video surveillance cameras throughout the region, improving public safety, traffic intelligence, and overall effectiveness of current infrastructure, without overhauling previously installed, functioning equipment. On the heels of Iveda’s success in the Philippines, the company is upleveling critical learnings to develop revolutionary solutions that not only meet but exceed the evolving requirements of urban security and management. With new cutting-edge smart city solutions to be announced throughout the year, Iveda is keeping an ear to the ground and prioritizing customer needs above all. The company holds firm in its stance, sitting at the helm of smart city innovation to provide a framework that can be replicated in countries around the globe. According to [Markets and Markets]( The Global Video Surveillance Market is Estimated to Reach $76.4 Bln by 2027 –– and Iveda (NASDAQ: IVDA) is Well Positioned to Follow alongside This Upward Trajectory. "As the need for robust, AI-powered video surveillance continues to expand worldwide, Iveda’s technology is keeping citizens, communities, and government personnel safe," said David Ly, Iveda CEO and founder. "The company is poised to continue its momentum into 2024 and beyond, all while effectively improving security operations and quality of life for the people of Taiwan. We’re eager to continue strengthening our partnerships in the region through this contract and beyond." Iveda Solutions, Inc. (NASDAQ: IVDA) is an established and innovative company, delivering secure, open source and enterprise class managed video services by leveraging the power of cloud computing. The Company’s robust enterprise class video hosting architecture, utilizing data centers, allows scalability, flexibility, and centralized video management, access, and storage, without the burden of buying and maintaining software and equipment. Iveda’s customers simply log in online, access their cameras and begin watching live and/or recorded video data from anywhere in the world at any time using any Internet-enabled device. From one camera locally to hundreds around the world, each camera can be accessed from one secure login. Iveda delivers the true essence of video surveillance through cloud computing. The Company’s open-source technology is interoperable with any existing camera system and enables multiple, simultaneous access without degradation of video quality. Utilizing video hosting technology, Iveda revolutionizes the functionality of security cameras, through a proactive real-time surveillance service rather than event or trigger-based system.  There are millions of security cameras in the U.S. today, a great majority of which run unmonitored. Oftentimes, they cannot be used to stop a crime in progress, and are merely observers keeping silent record of any illegal activity. Iveda takes security beyond boundaries by ensuring that each camera in its care remains under expertly-trained eyes. By placing a person behind the lens, a security camera goes from mute witness to active patroller, fully capable of police dispatch and assistance as events unfold. Officers can often be directed to the scene before a criminal has left the premises, leading to a higher arrest rate and greatly increasing the likelihood of recovering any stolen goods. Market Research Company Forrester Forecasts Enterprise AI Software Spending Will Reach $60 Bln Globally in 2023 & Balloon to $227 Bln by 2030 The stock is trading at approx. $1.00/share right now and has incredible upside of $3.00/share based on 12 - month analysts price prediction. [ See Analyst Prediction of 300% Upside Here ](  I am urging all of our members to add Iveda Solutions, Inc. (NASDAQ: IVDA) to the top of your watch list right now!   Yours for greater gains, Kevin Vander Publisher, 10XProTrader.com Investment Research You are receiving this e-mail as part of your subscription to 10XProTrader. 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