Digitization of Enterprises Help Drive the Tech Industry

NEW YORK, August 23, 2017 /PRNewswire/ --

According to a research report by Deloitte, opportunities for technology companies have broadened considerably. Adoption of various technological innovative products is key to competitive advantage for many companies. An example of the 'digitization of the enterprise', is the adoption of cloud computing. The use of cloud computing provides small-to-medium sized enterprises with sophisticated capabilities which previously were available only to huge corporations. Hot sectors within the technology industry include cybersecurity products, storage and bandwidth, advances in cognitive technologies, increasingly sophisticated data analytics, the Internet of Things and more. Atacama Resources International, Inc. (OTC: ACRL), FalconStor Software, Inc. (NASDAQ: FALC), WidePoint Corporation (NYSE: WYY), ChinaCache International Holdings Ltd. (NASDAQ: CCIH), Netlist, Inc. (NASDAQ: NLST).

The adoption of technology by enterprises is reflected on IT Spending. Worldwide IT spending is forecast to grow from $2.46 trillion in 2015 to over $2.8 trillion in 2019, according to the new Worldwide Semiannual IT Spending Guide: Industry and Company Size from International Data Corporation (IDC). North America will provide the largest share of global IT spending, and it is forecast to pass the $1 trillion mark in 2017. The fastest growing vertical industry over the forecast period will be healthcare, with a five-year CAGR of 5.5%. Stephen Minton, Vice President, Customer Insights and Analysis at IDC explained, "In many industries, business leaders will turn to IT solutions, including data analytics and infrastructure optimization, to help them navigate the stormy economic waters. For IT vendors, the need is greater than ever for a detailed approach to targeting pockets of growth and opportunity amidst this volatile economy."

Atacama Resources International, Inc. (OTCQB: ACRL) announced on August 14th, the results of the annual shareholders meeting held on August 11, 2017 in Edmonton, Alberta. Approximately 25 shareholders attended the meeting and enjoyed a meet and greet with the Atacama team. The Atacama board members and officers were introduced to the shareholders, and the latest information regarding the status of the company was presented. The COO presented a corporate overview, the CFO presented a financial review and the CEO presented a mining update. The recently released smartphone app, Good2Drive, was presented in detail, including the latest features and revenue projections through 2018. In addition, a new smartphone app scheduled for release in early 2018 called SeniorGuard was introduced with features and revenue objectives through 2018.

Additionally, the CEO announced at the meeting that Atacama Resources prepaid in cash in late July a convertible promissory note that was scheduled to be converted to ACRL shares in early August. By recent board action, the company policy will be, if at all possible, to prepay convertible notes prior to any conversion to ACRL shares. ACRL was not required to convert several million shares as the result of the prepayment."

FalconStor Software, Inc. (NASDAQ: FALC), an innovator of software-defined storage solutions, earlier this year announced that FreeStor, its flagship product, has won the SDS Innovation of the Year Award by DoStor, a leading Chinese storage portal which focuses on the enterprise storage market and is one of the most influential third-party storage media companies. Mr. John Yang, President of FalconStor Asia Pacific said, "FreeStor not only improves storage efficiency, eliminates downtime, reduces costs and simplifies management for enterprise data centers, but FreeStor also helps MSPs and CSPs innovate new business models, and accelerate cloud deployment."

WidePoint Corporation (NYSE: WYY) a leading provider of Managed Mobility Services specializing in Cybersecurity and Telecommunications Lifecycle Management solutions, announced on May 9th that it has acquired the assets of Probaris' Probaris ID Identity Management System software suite. Jeff Nyweide, Chief Executive Officer of WidePoint, said, "The acquisition of this established, industry-leading software enhances our proprietary identity management offerings, expands our customer reach, provides additional revenue opportunities, and brings in house current licensed software."

ChinaCache International Holdings Ltd. (NASDAQ: CCIH) is a leading total solutions provider of Internet content and application delivery services in China. ChinaCache is a carrier-neutral service provider; ChinaCache's network in China is interconnected with networks operated by all telecom carriers, major non-carriers and local Internetservice providers. On June 1st, the company announced that it has received the 'Content Delivery Network (CDN) Business Operating License' from the Ministry of Industry and Information Technology of the People's Republic of China. Mr. Song Wang, Chairman and CEO of CCIH commented, "We are pleased to receive the new CDN license that covers both the CDN and the IDC businesses and provides us with a distinct competitive advantage as we further deliver customized total solution services to our customers."

Netlist, Inc. (NASDAQ: NLST) is a leading provider of high-performance modular memory subsystems serving customers in diverse industries that require superior memory performance to empower critical business decisions. On August 2nd, the company announced its participation in the Flash Memory Summit at the Santa Clara Convention Center in Santa Clara, CA from August 8-10. Demonstrations showcasing the Company's HybriDIMM™, next-generation storage class memory solution that lowers cost and improves performance of big data analytics and in-memory computing, took place at Netlist's booth #809.

Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News"

Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com 

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. Financialbuzz.com has not been compensated directly by any of the companies mentioned here in this editorial. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For this release, FinancialBuzz.com has been compensated three thousand dollars for financial news dissemination and pr services by a non-affiliate third party for atacama resources international, Inc. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use. Please visit: http://www.financialbuzz.com.

Media Contact:

URL: http://www.FinancialBuzz.com


SOURCE FinancialBuzz.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.