This Co Could Capitalize as AI
Revenue Grows
April 24, 2019 -- InvestorsHub NewsWire -- Microcap Speculators
-- Tractica forecasts that the revenue generated from the direct
and indirect application of AI software is estimated to grow from
$643.7 million in 2016 to $36.8 billion by 2025. This
represents a significant growth curve for the 9-year period with a
compound annual growth rate (CAGR) of 56.8%.
One AI company that could be a part of this revenue growth is
Gopher Protocol Inc. (USOTC:
GOPH). The company has had an enormously
productive first quarter. They marched out of March more like
a lion than a lamb releasing their AI enabled app
based on modern AI technologies including Deep Neural Network
(DNN), vectorization and other advanced methodologies enabling
usage for wide variety of applications. The company has
followed that up this past week announcing it successfully
completed testing on their Alpha version of its global mesh
network technology platform GopherInsight™ which is the
company’s IoT component. This is the kind of
company which security and engineering decision makers at $1
billion firms are starting to pay attention, so now would be a
great time to start your research on GOPH.
Today we are highlighting: Gopher Protocol Inc.
(USOTC:
GOPH), Phunware, Inc. (PHUN), Snap, Inc. (NYSE:
SNAP), Square, Inc. (NYSE:
SQ), and Western Digital Corp. (NASDAQ:
WDC).
Gopher Protocol Inc. (USOTC:
GOPH) (Market Cap: $62.222M; Share Price:
$0.2964)’s Avant! AI mobile app is synchronized with
the Avant! AI web application (www.avant-ai.net) and is equipped
with personalization and additional features to make it a handy
artificial general intelligence (AGI) agent for the benefit of
users. Avant! AI is an artificial intelligence system that is
capable of processing vast amounts of data efficiently and
quickly. Avant! AI is based on modern AI technologies
including Deep Neural Network (DNN), vectorization and other
advanced methodologies enabling usage for wide variety of
applications. The current release of Avant! AI is targeting
AGI to perform information search and retrieval. The new
mobile application enables question/answer capability for general
topics. Avant! AI searches for online information, sorting
out the best answer and recording it under a personal
account. The system keeps a history of any user's
question/answer data for future use and includes a search mechanism
to retrieve previous topics.
The company’s GopherInsight™ global mesh network technology
platform for both mobile and fixed solutions was tested in
both laboratory and outdoor conditions and all tests were
successful. "We are glad to announce the completion of our
MESH system, Alpha version. The system has successfully
passed all lab and field testing as scheduled with satisfactory
results," commented Danny Rittman, Gopher’s Chief Technology
Officer. "The tests covered essential topics that included hardware
and software to ensure high performance and reliable features and
characteristics.”
Mr. Rittman continued, “We used a mobile app to visualize
results and to produce vital data like nodes/gateways range, GEO
location and coverage area. The system was tested both outdoors and
indoors. This data will be used to debug the Alpha version and
initiate any changes or modifications that may be needed to produce
a Beta version with the goal of ensuring commercial standards. We
are already evaluating real-life projects to be a case study for
our MESH system, which will use prototypes in real-life situations.
The study will cover the system's GEO tracking, emergency alerts
and further advanced capabilities." The next step to be taken by
Gopher in this process is to optimize its Alpha version in order to
proceed to Beta. Gopher is already evaluating potential projects as
commercial application case study opportunities.
________
Phunware Inc. (PHUN)
(Market Cap: $264.362M; Share Price:
$7.51), a fully integrated enterprise cloud
platform for mobile that provides companies the products,
solutions, data and services for brands worldwide, announced on
April 11 the award of U.S. Patent No. 10,254,378, “Mobile Device
Localization Based on Relative Received Signal Strength
Indicators.” This patent adds to the company’s growing intellectual
property portfolio, currently comprised of 16 awarded patents and 6
patents-pending.
It announced last week a commercial agreement with Endpoint IP,
an agency combining intellectual property transaction and law firm
expertise with capital investment to monetize intellectual property
for brands. The agreement, which was formally executed on
April 2, establishes Endpoint IP as a global agency partner of note
to license Phunware's portfolio of mobile technology patents to new
companies, distribution partners and third parties for use in their
products and solutions. It will also provide advisory
services to the company around intellectual property licensing and
enforcement as part of the ongoing engagement.
Phunware Inc., together with its subsidiaries, provides
Multiscreen-as-a-Service (Maas) and Data-as-a-Service (DaaS)
enterprise software platform for mobile devices. Its platform
enables brands to engage, manage, and monetize their mobile
application portfolios. The company offers Cloud-Based Mobile
Software Development Kits (SDKs), which include location-based
services, mobile engagement, content management, messaging,
advertising, and analytics; and mobile application framework of
pre-integrated iOS and Android software modules for building
in-house or channel-based mobile application solutions.
Phunware helps the world's most respected brands create
category-defining mobile experiences, with more than one billion
active devices touching its platform each month.
________
Fitbit and Snap
Inc. (NYSE: SNAP)
(Market Cap: $15.232B; Share Price: $11.53)
announced on April 4 a partnership to make getting active and
healthy more fun and motivating with the first-ever Bitmoji clock
face that dynamically updates throughout the day based on your
personal health and fitness data, activity, time of day, and
weather. It is available for free exclusively for all Fitbit
Ionic™ and Fitbit Versa™ family of smartwatch users. The
Bitmoji smartwatch clock face is a fun, expressive way to depict
you living your best life 24/7 – whether it’s logging a yoga sesh,
celebrating a goal achievement, or reminding you when it’s time for
bed. In the 1st week of April, it had unveiled Snap Games -- an
all-new real-time multiplayer gaming platform featuring original
and third-party games from Game Closure, PikPok, Spry Fox,
Zeptolab, and Zynga. Snap will begin rolling out a series of
made-for-Snapchat games, each designed for high-fidelity,
synchronous gameplay.
Snap Inc. operates as a camera company in the United States and
internationally. The company offers Snapchat, a camera
application that helps people to communicate through short videos
and images. It also provides Camera, a tool to personalize
and add context to Snaps; Friends Page that allows creating and
watching stories, chatting with groups, making voice and video
calls, and communicating through a range of contextual stickers and
Bitmojis; and Discover that helps surfacing the stories and shows
from publishers, creators, and the community, based on a user's
subscriptions and interests.
________
Square, Inc. (NYSE: SQ)
(Market Cap: $30.461B; Share Price: $72.58) will
release financial results for the first quarter of 2019 on May 1,
2019, after market close. Square will also host a conference
call and earnings webcast at 2:00 p.m. Pacific Time / 5:00 p.m.
Eastern Time on the same day to discuss these results. The
live webcast of the call can be accessed from Square's Investor
Relations website at square.com/investors. A replay will be
available at the same website following the call. It is one
of the top picks of Wall Street investors due to glowing reports
and 33% gain in stock price since the start of the year.
Square, Inc. revolutionized payments in 2009 with Square Reader,
making it possible for anyone to accept card payments using a
smartphone or a tablet computer. Today, Square provides tools
that empower businesses and individuals to participate in the
economy. This cohesive ecosystem of managed payments,
hardware, point-of-sale software, and other business services helps
sellers manage inventory, locations, and employees, access
financing, engage buyers, and grow sales.
________
Western Digital Corp. (NASDAQ: WDC)
(Market Cap: $15.767B; Share Price: $54.21)
unveiled on April 10 the new Western Digital® WD Purple® SC QD312
Extreme Endurance microSD™ card for designers and manufacturers of
AI-enabled security cameras, smart video surveillance and advanced
edge devices that capture and store video at higher bit rates than
mainstream cameras. This press release features
multimedia. View the full release here: https://www.businesswire.com/news/home/20190410005090/en/
. Western Digital offers a broad portfolio of surveillance
storage products and solutions to help people capture, preserve,
access and transform their content. Western Digital will be
showcasing the new products as well as its entire surveillance
portfolio, including the WD Purple 12TB HDD at ISC West (Booth
#22067) in Las Vegas. From storing, transferring,
distributing, editing and archiving content, Western Digital is the
only provider that makes the complete workflow simpler, better and
faster.
Last week, it announced the appointment of Robert Eulau to lead
the company's finance organization as executive vice president and
chief financial officer (CFO), reporting to Steve Milligan, Western
Digital's chief executive officer (CEO). Eulau will join
Western Digital on April 22, 2019 to begin his transition into the
new role and will formally take over the CFO role from Mark Long on
May 9, 2019.
Western Digital Corporation develops, manufactures, and sells
data storage devices and solutions worldwide. It offers
client devices, including hard disk drives and solid state drives
for computing devices, such as desktop and notebook PCs, security
surveillance systems, gaming consoles, and set top boxes;
flash-based embedded storage products for mobile phones, tablets,
notebook PCs, and other portable and wearable devices, as well as
automotive, IoT, industrial, and connected home applications;
flash-based memory wafers; and embedded storage solutions and iNAND
embedded flash products, such as multi-chip package solutions.
________
Signed by
Priyanka Goel, CFA
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal
Consulting”). Regal Consulting has agreed to a two-month term
consulting agreement with GOPH dated 12/31/18. The agreement
calls for $100,000 in cash per month. All payments were
made directly by Gopher Protocol, Inc. to Regal Consulting, LLC. to
provide investor relations services, of which this article is a
part of. Regal Consulting also paid one thousand dollars cash
to microcapspeculators.com to distribute this article. Regal
Consulting may have a position in the securities mentioned in this
article at the time of publication, and may increase or decrease
its position without notice. This article is based on public
information and the opinions of Regal Consulting. GOPH was given an
opportunity to edit this article. This article contains
forward-looking statements that are subject to certain risks and
uncertainties that could cause actual results to differ materially
from any results predicted herein. Regal Consulting is not
registered with any financial or securities regulatory authority,
and does not provide or claim to provide investment advice.
http://www.regalconsultingllc.com/full legal
disclaimer/
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SOURCE: Microcap Speculators
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