I'm bullish on Duos Technologies (DUOT) as it is transforming its business model away from project dependency by adding more reliable, steadier, and higher margin recurring revenue products. Please refer to my earlier article and to the company's investor information for more background information than that will be provided in this article.
Company Strategy
The company has a suite of products that use video analytics, machine vision algorithms, neural networking, machine learning, and artificial intelligence that can be applied to various industries. DUOT had initial success with railroad security technology that is used