Welcome to our dedicated page for Affluence news (Ticker: AFFU), a resource for investors and traders seeking the latest updates and insights on Affluence stock.
Affluence Corporation (AFFU) drives innovation in smart city infrastructure and industrial IoT solutions through advanced software platforms integrating AI, edge computing, and real-time analytics. This news hub provides stakeholders with essential updates on technological developments and strategic initiatives shaping urban connectivity and industrial automation.
Access timely updates on AFFU's software enhancements, strategic partnerships, and market expansions. Our curated collection includes press releases covering product launches, acquisition announcements, and operational milestones across smart city deployments and IoT integration projects.
Key focus areas include updates on OneMind Technologies platform developments, connectivity solution partnerships, and progress in digital twin implementations. Users will find verified information on technology deployments in municipal systems and industrial applications, maintained for accuracy and relevance.
Bookmark this page for streamlined access to Affluence Corporation's official communications. Check regularly for updates on IoT integration breakthroughs, smart city project milestones, and strategic moves in the evolving landscape of connected urban ecosystems.
Affluence Corporation (AFFU) reported record revenue of $1,463,099 for FY 2022, a 185% increase from $513,673 in 2021. The company also achieved a 38% revenue growth in Q4 compared to Q4 2021, with an improved gross margin of 5% year-over-year. CEO James E. Honan, Jr. highlighted significant expansion in the customer base and strategic partnerships globally, contributing to the enhanced Smart City Software solutions that incorporate AI and SaaS options. Looking ahead, the preliminary results for Q1 2023 are projected to double compared to the previous quarter, with a sales pipeline five times larger than last year. The company has established key partnerships with Dell Technologies, Orange Business Services, and others, indicating strong future growth potential.
OAK BROOK, IL / ACCESSWIRE / February 7, 2023 - OneMind Technologies, a subsidiary of Affluence Corporation (AFFU.PK), announced new product features leveraging Artificial Intelligence (AI) and Machine Learning (ML) to enhance analytics for Smart City decision-making. The announcement was made at the LEAP 2023 Technology Conference in Saudi Arabia, where OneMind showcased its Hypervisor for Digital Cities alongside Orange Business Services (NYSE:ORAN). New functionalities, including an analytical panel for data clustering and monitoring, aim to support city managers with real-time, actionable insights. OneMind is committed to evolving its platform with emerging tech trends.
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