PALM BEACH, Florida, October 24, 2018
PALM BEACH, Florida, October 24, 2018 /PRNewswire/ --
Financialnewsmedia.com News Commentary
Tech stocks and stocks in general this week have been under pressure a bit to generate positive momentum, but there are a number of new secular trends which many are looking to remain exposed to in the long-term. An active sector of late with most exciting future might just be the Internet of Things (IoT), a world of interconnected household and industrial devices. The Internet of Things encompasses everything connected to the internet. As demand for the newest and innovative IoT devices continues to grow companies focused on IoT product development will continue to benefit. Data from McKinsey predicts that spending related to IoT will be north of $580 billion by 2020, presenting tremendous opportunity from a growth perspective. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), PTC Inc. (NASDAQ:PTC), Twilio Inc. (NYSE:TWLO), Ideanomics (NASDAQ:SSC), Splunk Inc. (NASDAQ:SPLK).
Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile tecp's die orientation and the design will be focused on deep nanometer range, 10 nanometers and below. "We have been working on this patent for the past year" said Dr. Rittman. "It is expected to protect a new approach within the integrated circuits arena and targeted for advanced, FinFet nodes. Read this and more news for GOPH at :http://www.financialnewsmedia.com/news-goph/
Other recent developments in the tech industry include:
PTC Inc. (NASDAQ:PTC) recently announced from Augmented World Expo (AWE) Europe 2018 the availability of new research in conjunction with Aberdeen Group titled, "How the Best-in-Class Use Augmented Reality for Superior Service Management." The comprehensive research study and corresponding report identifies significant financial improvements realized by industrial companies embracing augmented reality (AR), and provides best practices for unlocking the potential of the technology across various environments. PTC helps companies around the world reinvent the way they design, manufacture, operate, and service products in and for a smart, connected world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based product lifecycle management. Today, our leading industrial innovation platform and field-proven solutions enable you to unlock value at the convergence of the physical and digital worlds. With PTC, manufacturers and an ecosystem of partners and developers can capitalize on the promise of the Internet of Things and augmented reality technology today and drive the future of innovation.
Ideanomics (NASDAQ:SSC), a leading global fintech and asset digitization services company which is establishing its global innovation center in West Hartford, is pleased to announce it has closed on its purchase of the 58-acre former University of Connecticut campus in West Hartford from the State of Connecticut. Ideanomics plans to transform the property into a world-renowned technology campus named Fintech Village. The planned $283 million-plus investment will focus on being an ultra high-speed computing facility and laboratory for developing new and leading edge Fintech solutions utilizing artificial intelligence, deep learning, IoT, and blockchain.
Building on their two-year partnership, Twilio (NYSE:TWLO), the leading cloud communications platform and T-Mobile (NASDAQ:TMUS) announced that Twilio has created a new developer platform for the T-Mobile Narrowband IoT (NB-IoT) network today at SIGNAL, Twilio's customer and developer conference. Twilio Narrowband is the first developer platform for NB-IoT in the U.S., a cellular low-power wide-area network technology, which will substantially reduce prices and increase battery life for intermittent low-bandwidth connections. Twilio also announced the Twilio Breakout Software Development Kit (SDK) to help developers start taking advantage of the optimizations offered by NB-IoT networks.
Splunk's First IoT Solution Helps Industrial Organizations Cut Costs and Improve Performance by Expanding Access to the Data that Powers Connected Devices .conf18- Splunk Inc. (NASDAQ:SPLK), delivering actions and outcomes from any data, today announced the general availability of Splunk for Industrial IoT, Splunk's first Internet of Things (IoT) solution. Splunk Industrial IoT combines the power of Splunk® Enterprise, the Splunk Machine Learning Toolkit, and Splunk Industrial Asset Intelligence (IAI) to provide a simple view of complex industrial data, helping industrial organizations minimize downtime, shift operations from reactive to proactive and save money.
DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Media Contact :
Tel - +1(561)325-8757