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HomePress ReleaseEIN PresswireSoftware & Technology Giants Nvidia & Dell Partner at the 2023 Smart...

Software & Technology Giants Nvidia & Dell Partner at the 2023 Smart City Expo with Affluence Corp. Stock Image: $AFFU


Affluence Company Stock Image: AFFU

$AFFU One Thoughts Applied sciences

$AFFU Firms

One Thoughts Applied sciences $AFFU

Software and Technology Giants Nvidia and Dell Partner at the 2023 Smart City Expo with Affluence Corp. (Stock Image: AFFU)

Affluence Company (OTCMKTS:AFFU)

The second quarter was 1 / 4 of firsts for our firm, we had our first Software as a Service (SaaS) buyer & we had our first US buyer by means of our Dell Applied sciences (DELL NYSE) partnership”

— James E Honan, Jr., CEO of AFFU

CHICAGO, ILLINOIS, UNITED STATES, October 19, 2023 /EINPresswire.com/ — Software and Technology Giants Nvidia and Dell Partner at the 2023 Smart City Expo with Affluence Corp. (Stock Image: AFFU)

Smart City Software and Revolutionary Options that Capitalize on IoT, AI and 5G Applied sciences.

First Software as a Service (SaaS) Buyer and First US Buyer By Dell Applied sciences Partnership.

Exhibiting with Companions Dell and Nvidia at the Upcoming Smart City Expo World Congress 2023 Convention in Barcelona, Spain.

Joined with Orange Enterprise Providers to Take part in Signing Ceremony for the King Abdullah Monetary District Venture.

Multi-Million Greenback Contract for Smart City Venture in Saudi Arabia’s Capital.

Second Quarter Income of $563,275 and Internet Revenue of $42,322.

Q2 Income Roughly 13% Greater Than Identical Interval Final 12 months.

Enlargement Into South America By Partnership with Globe S.A.

Multi-Million Greenback Contract for Smart City Venture in Saudi Arabia’s Capital.

Affluence Company (OTC: AFFU) is a diversified know-how firm centered on good metropolis software program and revolutionary options that capitalize on IoT, AI and 5G applied sciences. AFFU is investing in mid-market companies to create a cohesive unit which brings collectively know-how for the subsequent technology of web.

OneMind Applied sciences SL is an entirely owned subsidiary of AFFU. The OneMind Clever IoT answer builder is used to create purposes for good building and good metropolis operations. Functioning as programs of programs, AFFU OneMind connects information sources to 1 single level of perception to supply real-time info on operational processes. It’s a key element in the enterprise options presently being supplied by a number of Fortune 50 corporations that resell, distribute, and combine good metropolis enterprise options. The AFFU OneMind Smart City answer is deployed in Barcelona, San Francisco, Guadalajara, Oslo and lots of different cities all through the world. For extra info go to https://www.onemindtechnologies.com

AFFU Subsidiary OneMind Technology on Show with Dell and Nvidia at the Smart City Expo World Congress 2023 Convention

On October nineteenth AFFU introduced that its subsidiary OneMind Technology and its hypervisor OnemindNG product will likely be on show with AFFU companions Dell Applied sciences (NASDAQ: DELL) and Nvidia Software (NASDAQ: NVDA) at the Smart City Expo World Congress 2023 Convention to be held in Barcelona, Spain from November seventh to ninth. The Smart City Expo World Congress 2023 is the premier worldwide occasion for the good metropolis sector and over 25,000 attendees are anticipated.

“OneMind Applied sciences is honored to be requested to take part alongside of our companions Dell Applied sciences and Nvidia Software at the world’s most prestigious Smart City occasion,” stated Stephane Eyme, International CEO of AFFU owned OneMind Applied sciences. “We now have made great strides since attending the present with Dell and Nvidia final yr and this yr because of our attendance now we have received substantial buy orders in the Center East, Latin America and North America. Moreover, now we have partnered with Dell for a Smart College answer with the first one delivered at Nova Southeastern College in Fort Lauderdale, Florida final quarter and now we have a number of alternatives with massive universities in our present pipeline. We’re extraordinarily proud and excited to have the ability to exhibit how the IotT hypervisor OneMind NG answer may help add worth to intelligence programs and handle and stop security, safety and digital metropolis incidents. Please cease by the Dell Applied sciences and Nvidia Software stand to view Dell’s Digital City Resolution, Powered by OneMind Applied sciences,” stated Mr. Eyme.

AFFU and Orange Enterprise Providers Take part in Signing Ceremony for the King Abdullah Monetary District Venture

On September thirteenth AFFU and Orange Enterprise Providers (ORANNYSE) attended a proper signing ceremony for the first part of the King Abdullah Monetary District (KAFD) Venture. The settlement was signed on Sept. 4 at a proper ceremony hosted by KAFD. In attendance had been Gautam Sashittal, CEO of KAFD DMC, Sahem Azzam, senior vp of Center East, Africa, and Turkey of Orange Enterprise and Stephane Eyme International CEO of AFFU.

King Abdullah Monetary District Improvement & Administration Co. selected Orange Enterprise, to design, construct and run a complicated good metropolis platform that may seamlessly combine with KAFD’s present digital infrastructure using the AFFU OneMindNG Applied sciences’ Hypervisor as the key element of the platform. This strategic partnership goals to include superior applied sciences together with synthetic intelligence and information analytics into the present platform, enhancing the good metropolis expertise inside the space, often called Saudi Arabia’s premier enterprise district.

“The event of KAFD’s digital infrastructure aligns with Saudi Arabia’s Imaginative and prescient 2030, as the Kingdom strives to reinforce livability and competitiveness inside its enterprise districts.” Gautam Sashittal, CEO of KAFD DMC, stated: “The rising wave of urbanization throughout the world is about to uncover a $517 billion marketplace for good metropolis options with an annual development charge of 25 %, a undeniable fact that performs into KAFD’s goals of constructing a future-proof and business-friendly hub in Riyadh.”

“It is a great long-term alternative for OneMind and solidifies our place as the know-how chief in the Smart City Software market,” stated Stephane Eyme, International CEO of AFFU. “The KAFD mission is the largest and most vital good metropolis mission in the world and the complete Smart City market is watching this and taking word. That is our largest win to this point and once more the structure and suppleness of our product to ingest any kind of information had been instrumental to award us throughout this very aggressive tender course of towards first tier corporations. In the Smart City market and the Large Information market there are a number of programs that require information inputs from a myriad of sources, what makes our product superior is that we seamlessly combine all disparate information sources giving the buyer a unified view permitting them to make the most of their present infrastructure. In distinction our rivals can solely work inside their very own proprietary information sources. That is the second massive alternative received by means of Orange Enterprise with our product being considered one of the key components. As a premier know-how awarded Finest Partner MEA final yr by Orange Enterprise, we’re extraordinarily pleased with the partnership and look ahead to continued development and alternatives inside KAFD and all through the Orange Enterprise buyer base,” continued Eyme.

AFFU Second Quarter Income and Internet Revenue

On August twenty second AFFU launched its earnings for the Second Quarter of 2023.

Highlights included:

Income of $563,000

First Software as a Service (SaaS) buyer

First US buyer from the Dell Applied sciences partnership

“The second quarter was 1 / 4 of firsts for our firm, we had our first Software as a Service (SaaS) buyer and we had our first US buyer by means of our Dell Applied sciences (DELL NYSE) partnership,” stated James E Honan, Jr., CEO of AFFU.

“I’m extraordinarily pleased with our staff and delighted to announce quarterly income of $563,275 and web revenue of $42,322. Absolute quarter over quarter income was down however whenever you analyze the composition of the income you’ll perceive the decline. In the second quarter we made a acutely aware choice so as to add extra predictability to our income stream by providing a SaaS different for our clients. Even with the SaaS income, Q2 income is roughly 13% increased than the identical interval final yr. It’s our perception that providing a SaaS possibility into the Smart City Software market will enhance our attain and positions us nicely for the future. Going ahead our gross sales pipeline continues its regular development with each enterprise software program and SaaS alternatives and I’m extraordinarily enthusiastic about our prospects for the the rest of this yr and past,” stated AFFU CEO Honan.

With the ability to supply a SaaS different will open up extra alternatives for OneMind and scale back the time required to shut gross sales,” stated Stephane Eyme, International CEO of AFFU OneMind Applied sciences. “Our improvement staff did a improbable job in producing a SaaS model of our best-in class enterprise software program product in such a brief time period. Equally as vital and to not be taken calmly is that we obtained our first US based mostly buyer from our Dell Applied sciences partnership. Previous to this quarter all of our gross sales by means of the Dell channel have been in the Center East and Asia. OneMind was prominently featured at Dell World in Q2 and in consequence we obtained our first US buyer shortly after and have a number of extra Dell US alternatives in our pipeline. I’m very excited to unleash the energy of the complete Dell Applied sciences US based mostly gross sales staff,” stated AFFU OneMind Applied sciences CEO Eyme.

AFFU OneMind Applied sciences Expands into South America By Partnership with Globe S.A.

On July tenth AFFU introduced that its wholly owned subsidiary OneMind Applied sciences had elevated its gross sales presence in South America by means of its partnership with Globe, S.A., considered one of the premier worth added providers, distribution and integrators in South America.

“The partnership with Globe has already began paying dividends,” stated Stephane Eyme, International CEO of AFFU OneMind Applied sciences. “Globe has included OneMind’s Hypervisor NG into a really massive, excessive profile good metropolis mission in Chile and we had been capable of acknowledge income from that mission in Q2. Of explicit word is that this mission integrated the SaaS capabilities of Hypervisor NG. Our long-term technique is to have a mixture of enterprise software program and subscription income to construct a extra predictable income stream. We’re extraordinarily glad with the relationship with Globe, their professionalism and attain in South America is what makes them the prime integrator in the geography. We now have been working with Globe since October and have discovered that there’s pent up demand all through South America to centralize and handle information from a number of sub-systems reminiscent of site visitors, parking, good site visitors lights, GPS positioning of busses and first responders, air high quality, waste assortment, water programs, CCTV and license plate recognition in a single panel view in all main metropolitan areas of this geography. We’re trying ahead to continued development in the partnership and have a number of joint alternatives in our pipeline,” stated AFFU CEO OneMind Applied sciences Eyme.

“Incorporating OneMind’s Hypervisor NG in our portfolio will permit us to compete and implement initiatives with a “Finest-In-Class” answer that permits a complete imaginative and prescient which allows extra environment friendly administration and holistic intelligence so customers can course of and act on info from totally different programs and information sources, one thing that has been missing up till now,” stated Jaime Godoy, CEO of Globe.

For extra info on $AFFU go to: https://affucorp.com

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James E Honan, Jr, CEO
Affluence Company
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