The Internet of Things (IoT) market is rapidly becoming one of the more lucrative spaces within tech industry as its variety of uses becomes more expansive. One of the more prominent applications is that of enhanced mobile database management and file sharing, as the increased connectivity provided by IoT technologies allows for quicker access to mass amounts of data at any point in time. According to a study by MDPI, there will be nearly 50 billion interconnected devices by 2020. The increasing number of interconnected devices provides access to immeasurable amounts of information, therefore creating the opportunity to enhance database management operations Active tech companies in the markets this week include Gopher Protocol Inc. (OTC: GOPH), Cloudera Inc. (NYSE: CLDR), Oracle Corporation (NYSE: ORCL), Splunk Inc. (NASDAQ: SPLK), Alteryx Inc. (NYSE: AYX).
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 technologies, is pleased to announce that Dr. Rittman has filed a patent for a key mobile database management and sharing system. Gopher is the exclusive licensee of the patent.
The mobile database management, when fully developed, will share data in real time over Gopher’s gNET, a private, secured network. The system will manage mobile device database of all types including media, textual, graphical and secured communication information. It is intended for the system to work with the GopherInsight™ proprietary integrated circuit (IC) that may be installed within mobile devices. Working together with the IC is an integrated computer software, that will when fully developed enable mobile data sharing/exchange with all other, mobile ICs installed on other mobile devices, worldwide, via gNET.
“We believe that our mobile database management combined with GopherInsight™ and gNET is a new concept and we intend to further develop the system with the goal of providing mobile users with the ultimate benefit of real time mobile computing, enabling fast performance and reliability” stated Dr. Rittman, Gopher’s CTO. Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html
Other recent and current developments in the tech industry include:
Cloudera Inc. (NYSE:CLDR) recently announced new innovations to help businesses operationalize data insights faster by making data scientists and data engineers more productive. New machine learning capabilities make it easier for data scientists to quickly train and deploy models with higher confidence and lower risk. Massive increases in performance, scale and capacity of Cloudera’s modern data platform help organizations keep pace with the explosive growth and diversity of data in their business. These new capabilities enable data teams to collaborate more effectively and deliver models to production faster, enabling secure access to enterprise-scale, high-performance data and compute, both on-premises and across public clouds. “We believe data can make what is impossible today, possible tomorrow. With enhanced capabilities in machine learning, analytics, and cloud, the new software products and cloud services we are announcing will enable our customers to more rapidly gain competitive advantages in the data economy,” said Tom Reilly, Chief Executive Officer at Cloudera.
Oracle Corporation (NYSE:ORCL) recently announced it has signed an agreement to acquire DataScience.com, whose platform centralizes data science tools, projects and infrastructure in a fully-governed workspace. Data science teams use the platform to organize work, easily access data and computing resources, and execute end-to-end model development workflows. Leading organizations like Amgen, Rio Tinto, and Sonos are using the DataScience.com platform to improve productivity, reduce operational costs and deploy machine learning solutions faster to power their digital transformations. Read more here: https://finance.yahoo.com/news/oracle-buys-datascience-com-115300552.html
Splunk Inc. (NASDAQ:SPLK) recently announced the limited availability of Splunk Industrial Asset Intelligence (IAI), its first Internet of Things (IoT) solution. Splunk® IAI helps organizations in manufacturing, oil and gas, transportation, energy and utilities monitor and analyze industrial IoT data in real time to create a simple view of complex industrial systems while helping to minimize asset downtime. Around the world, manufacturers are increasingly looking to their IoT data to better monitor and diagnose operational issues and predict maintenance needs. In fact, by 2025, more than a quarter of data created in the global datasphere will be real time in nature, and real-time IoT data will make up more than 95% of this. With this rapid increase in IoT data, industrial engineers and analysts are often overwhelmed with the sheer volume of machine data that is generated today by disparate industrial control systems and sensors. Splunk IAI offers a packaged set of capabilities that helps customers pivot their operational strategy from reactive to proactive.
Alteryx Inc. (NYSE:AYX) earlier this week announced the general availability of the newest version of the Alteryx platform (2018.2) at its annual user conference, Inspire 2018. The release delivers new features across the platform to improve the analytic experience for IT, business analysts and data scientists, altering how they collaborate and scale analytics across the organization, find and connect to data, and ultimately drive business-changing insights. “We appreciate the continuous improvements Alteryx makes to its platform that helps us get to insights faster and more effectively,” said ReinierKuschke, solutions consultant at Dimago. “We are already seeing benefits from this latest release, enjoying the easy connectivity to Databricks for Apache Spark and finding workflows are running at speeds we’ve never seen before.”
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU 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. MNU’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. MNU 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 MNU 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. MNU 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 MNU undertakes no obligation to update such statements.
Global Banking & Finance Review
Why waste money on news and opinions when you can access them for free?
Take advantage of our newsletter subscription and stay informed on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Finance4 days ago
Want to fight migrant financial discrimination? Let’s start with the Basel Index
Finance4 days ago
How will PSD3 & PSR1 change open banking?
Banking4 days ago
WHY DO BANKS STILL PREFER TO KEEP BUSINESS APPLICATION SERVICES ON-PREMISE RATHER THAN ON THE CLOUD?
Top Stories4 days ago
Public investors with $4.3 trln are down on China but in on net zero