MarketNewsUpdates.com News Commentary
Most next generation development activities and the explosion of Internet of Things (IoT) are focused on solving business problems, improving revenue and profits, delivering superior customer experiences and enhancing overall brand value. In the world of agile development, rapid mobile smart technology application development is on the rise, as a growing number of companies quickly add new IoT applications to existing apps to ensure continuous integration for impacting an expanding amount of markets and industries. As costs go down, IoT is more accessible than ever. Gartner estimates that about 8.4 billion IoT devices were in use in 2017, up 31% from the previous year, and it will hit 20.4 billion by 2020. Total world spending on IoT hit about $2 trillion in 2017. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), NVIDIA Corporation (NASDAQ:NVDA), Aptiv PLC (NYSE:APTV), Splunk Inc. (NASDAQ:SPLK), Salesforce (NYSE:CRM).
Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Mobiquity Technologies, Inc. (OTCQB:MOBQ), a mobile location data intelligence company, and Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions announced they have closed a share exchange agreement providing for ownership in each of the respective companies and now expect to pursue a strategic partnership with the goal of enhancing each other’s technologies, growth and sales.
Details of the equity transaction can be found on the link below: https://www.sec.gov/Archives/edgar/data/1471781/000161577418009230/s112546_8k.htm
With numerous opportunities for working together, the parties intend to develop a strategic partnership. The first steps in moving towards a deeper partnership will initiate with a pilot project, which is expected to include the integration of the Mobiquity Passage platform into the ECS Prepaid Platform. The ECS Prepaid Platform booked 1,134,725 transactions from 9,855 terminals amounting to gross revenue of approximately $13.4 million during the three-month period ending June 30, 2018 (unaudited). https://www.otcmarkets.com/stock/GOPH/news/Gopher-Protocols-Integration-of-ECS-Pre-Paid-Software-Platform-Generates-Revenue?id=201172 . During the pilot, Mobiquity will also assist in marketing the GopherInsight Microchips technology by utilizing the Mobiquity ADvantage platform and utilizing Mobiquity’s SDK inside Gopher affiliated apps for enhanced marketing and location services. The parties will also utilize each company’s resources and people on future products and joint ventures, which for example, may involve Mobiquity promoting and distributing Gopher’s GuardianPack mobile applications through its Passage and ADvantage platforms.
“The synergies between our two companies for location services and marketing is what makes this planned strategic partnership unique and we expect will prove to be advantageous for both companies. We see our teams working together on numerous current and future projects”, said Douglas Davis, Gopher’s CEO.
Dean Julia, Mobiquity Technologies’ CEO, said “After a long period of due diligence and negotiations, we see this strategic partnership as a near and long-term growth opportunity to for both companies. We also look forward to working more closely with the entire Gopher team.” Read this and more news for GOPH athttp://www.marketnewsupdates.com/news/goph.html
Other recent developments in the tech industry include:
NVIDIA Corporation (NASDAQ:NVDA) and Arrow Electronics, Inc. this week announced they are bringing NVIDIA® Jetson™ Xavier™, a first-of-its-kind computer designed for AI, robotics and edge computing, to companies worldwide to create next-generation autonomous machines. The collaboration combines NVIDIA’s world-leading AI capabilities with Arrow’s global roster of industrial customers and its broad support network of engineers and designers. This opens the door to the development and deployment of AI solutions for manufacturing, logistics, smart cities, healthcare and more. “We are entering a new era of intelligent machines that will supercharge industries from manufacturing to healthcare,” said Deepu Talla, vice president and general manager of Autonomous Machines at NVIDIA. “NVIDIA and Arrow are working together to ensure that the unmatched AI capabilities of the Jetson Xavier platform reach deep into the global marketplace with first-class technical support and design.”
Aptiv PLC (NYSE:APTV) will present this Wednesday, September 12 at the Morgan Stanley 6th Annual Laguna Conference in Dana Point, CA. Aptiv’s Senior Vice President and Chief Financial Officer Joseph Massaro will present at 8:45 a.m. PDT. A simultaneous webcast of the presentation will be available on the Aptiv Investor Relations website at ir.aptiv.com. For additional information, please contact Aptiv Investor Relations at email@example.com, or Elena Rosman at +1.917.994.3934. Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility.
Splunk Inc. (NASDAQ:SPLK), first in delivering “aha” moments from machine data, recently announced its participation in launching a new technology platform from Global Emancipation Network aimed at fighting human trafficking with data analytics from Splunk technology. The human trafficking investigation platform Minerva uses advanced data analytics to enable information-sharing and collaboration across local and federal law enforcement, government agencies, nonprofit and commercial organizations and academic institutions. Minerva is powered by Splunk® Enterprise and funded in part by Splunk Pledge, a Splunk4Good initiative where Splunk is committing to donate $100 million over a 10-year period to nonprofit and higher education organizations making a difference to society. Watch the Global Emancipation Network video to learn more about how Splunk supports the Global Emancipation Network to use data analytics and intelligence to fight against human trafficking and exploitation.
Salesforce (NYSE:CRM), the global leader in CRM, last week announced that Kronos Incorporated-a leading provider of workforce management and human capital management cloud solutions-is using Salesforce to radically enhance its customer experience. For more than 40 years, Kronos has provided software that helps organizations track the time employees work to ensure that everyone is paid properly, schedules are optimized, and organizations are better able to comply with complex labor regulations. Kronos also helps organizations hire employees, track their performance, run payroll and perform many other workforce-related tasks. Today, more than 35,000 organizations use Kronos solutions. As Kronos grew, it needed a comprehensive CRM solution that could scale and grow. That’s why Kronos turned to Salesforce Sales Cloud, Service Cloud and Community Cloud – in addition to Salesforce Chatter – to connect, expedite, automate and improve the quality of its lead to nurture process.
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