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Tuesday, August 3, 2021

SWARM; the Rise of Cloudcommerce Inc (OTCMKTS: CLWD)

Cloudcommerce Inc (OTCMKTS: CLWD) got a boost after the Company reported it plans to up-list its common stock to the OTCQB® Venture Marketplace. The OTCQB increases transparency, reporting standards, management certification and compliance requirements, which can result in greater liquidity and awareness for companies that meet the OTCQB tier standard.

CLWD is heating up and running northbound since a brief dip below a penny and looking to take out $0.0163 recent highs. Cloudcommerce continues to report exponential growth and was recently ranked number 235th fastest growing Company in North America on Deloitte’s 2019 Technology Fast 500™. Sales have risen swiftly and now top $2,412 million for the 3 months ended June 30, 2020. According to a recent press release CLWD is already projecting 2020 full year revenue to exceed $14 million.

Cloudcommerce Inc (OTCMKTS: CLWD) based out of San Antonio, TX is a leading provider of digital advertising solutions. CLWD 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. The Company 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. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™.

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.

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CloudCommerce has been busy in recent weeks; the Company entered into a license agreement with Pattern89 to add its artificial intelligence (AI) technology to SWARM, the Company’s proprietary audience intelligence solution. Pattern89, a leading developer of artificial intelligence solutions for marketers, offers a predictive creative performance platform that allows advertisers to know the performance of ads before the launch of a campaign. By adding Patter89 to its growing tech stack, CloudCommerce’s SWARM will allow the Company’s clients to know why some creative works better than others and how to construct media that performs. With the Predict89 layer in place, SWARM will analyze 2,900+ creative dimensions of a client’s ads. It will cross-analyze billions of Facebook advertiser data points, within its proprietary data set. Then, using artificial intelligence it will find statistically significant creative to improve campaign performance.

According to Andrew Van Noy, CloudCommerce’s CEO, “Integrating AI as an intelligence layer across our entire tech stack will allow us to deliver breakthrough advertising performance. Pattern89 is a critical part of our intelligence layer. AI will be happening under the surface, making our existing tech smarter and unlocking the power of all the data that our clients collect.”

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Currently heating up and running northbound since a brief dip below a penny and looking to take out $0.0163 recent highs, CLWD is an exciting story developing in small caps; the Company has been delivering SWARM solutions, its proprietary audience-driven business intelligence solution, since January 2018, and is now in the process of building SWARM into a SaaS (software-as-a-service) solution. CLWD currently has 645 million shares outstanding and O/S is capped at 2 billion. The Company continues to report exponential growth and was recently ranked number 235th fastest growing Company in North America on Deloitte’s 2019 Technology Fast 500™. Sales have risen swiftly and now top $2,412 million for the 3 months ended June 30, 2020. According to a recent press release CLWD is already projecting 2020 full year revenue to exceed $14 million. 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.

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

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