web analytics

Cloudcommerce Inc (OTCMKTS: CLWD) Gaining On AI Launch Using SWARM Solution

0

Cloudcommerce Inc (OTCMKTS: CLWD) has seen an explosive move up the charts in recent days after the Company reported it is launching an artificial intelligence (AI) venture that will focus on using AI to enhance its successful SWARM solution with the goal of cutting advertising costs by as much as 50%.  The stock has transformed in recent days into a volume leader in small caps topping $2 million in dollar volume in the first hour of trading on Monday and is under heavy accumulation.

Microcapdaily first reported on CLWD in July of this year as the sock was rising up out of sub penny land stating at the time: “It’s easy to see why investors are excited about CLWD here; the Company recently filed audited financials showing $3.2 million in sales for the 3 months ended March 31, 2020 and the Company is already projecting 2020 full year revenue to exceed $14 million and net operating income to exceed $1 million. CLWD is pennystock exempt on OTCMarkets and there is no more convertible debt coming as the per the latest 8k. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™.

Cloudcommerce Inc (OTCMKTS: CLWD) is a leading provider of digital advertising solutions. The Company’s flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. CLWD does this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns.

SWARM is an end-to-end solution that helps businesses find who to talk to, what to say to them, and how to motivate them to take meaningful action. It does this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for any business activity. With applications, such as marketing, brand perception, customer relationship management, human resources management and operational logistics, SWARM delivers powerful audience-driven business intelligence to convert opportunities into business success. Through a behavioral science approach to audience creation and communication, SWARM helps marketers probe deep consumer motivations and triggers, in order to effectively predict and influence their actions. The Company believes if marketers can influence action, they can get people to buy, change the opinion of, or support a particular brand, business, or person.

To Find out the inside Scoop on CLWD Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

CLWD

The 4 major products of SWARM are BUZZ – Behavior Based Market Research, THE SWARM – Intelligent Audience Building, HIVE – Redefined Geographic Targeting and HONEY – Advanced Reporting and Visualization As of December 31, 2019, CLWD had 49 full time employees, 6 of whom are employed in administrative positions, 1 in sales and marketing positions, and 42 in technical positions. Forty-three employees are in Texas, 3 in Utah, 1 in New Jersey, 1 in Washington, DC, and 1 in New York.

In November Cloudcommerce was ranked 300th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. CloudCommerce grew 345% during a 3-year period.

On January 9 CLWD announced it plans to launch an artificial intelligence (AI) venture that will focus on using AI to enhance its successful SWARM solution with the goal of cutting advertising costs by as much as 50%.

CEO Andrew Van Noy stated: “The tools are now available to do what humans cannot do. Our SWARM solution has met with great client success, which has encouraged us to take the next step – using state-of-the-art tools, such as AI to eliminate inefficiencies that could potentially reduce the costs of advertising by as much as 50%. I am reminded of John Wanamaker (1838-1922), a very successful merchant, who opened one of the first department stores in the US, which grew to 16 stores and eventually became part of Macy’s. He is credited with coining the phrase ‘Half the money I spend on advertising is wasted; the trouble is I don’t know which half’. Our mission is to search the unknown and cut out as much of the waste as we possibly can. We believe that the best way to achieve success is to launch a separate venture that is dedicated to achieving this goal. We will provide this new venture with the resources necessary to employ the best people and tools. Digital advertising is an enormous industry. We think that by marrying artificial intelligence with digital advertising, we will produce a winner.”

We have a Monster Pick Coming. Subscribe Right Now!

CLWD) has seen an explosive move up the charts in recent days after the Company reported it is launching an artificial intelligence (AI) venture that will focus on using AI to enhance its successful SWARM solution with the goal of cutting advertising costs by as much as 50%.  The stock has transformed in recent days into a volume leader in small caps topping $2 million in dollar volume in the first hour of trading on Monday and is under heavy accumulation. Microcapdaily first reported on CLWD in July of this year as the sock was rising up out of sub penny land stating at the time: “its easy to see why investors are excited about CLWD here; the Company recently filed audited financials showing $3.2 million in sales for the 3 months ended March 31, 2020 and the Company is already projecting 2020 full year revenue to exceed $14 million and net operating income to exceed $1 million. CLWD is pennystock exempt on OTCMarkets and there is no more convertible debt coming as the per the latest 8k. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™. The stock has just 683 million shares outstanding with AS topped at 2 billion. Microcapdaily first reported on CLWD in July when the stock was sub $0.005. We will be updating on CLWD when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CLWD.

Sign Up now for our 100% FREE Penny Stock Newsletter

Disclosure: we hold no position in CLWD either long or short and we have not been compensated for this article

Share.

Leave A Reply

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.