Fog Computing to Fly Past Cloud June 26, 2018 - Market Jar Media What is fog? Well, to put it simply, it’s cloud that touches the ground. What is fog computing? Straightforwardly, this is cloud computing which is carried out closer to the end users networks. Finally, why should you care? The new and exciting fog industry is predicted to be valued at USD $700 million by 2024. Enterprises around the world use cloud computing platforms day in, day out. What they don’t realize is that fog computing is the faster, more secure and cost-effective alternative. A rising demand for IT scalability and optimized network traffic, means businesses which are using or thinking about cloud and fog computing like Reliq Health Technologies Inc. (OTCQB:RQHTF) (TSXV:RHT), Amazon (NASDAQ:AMZN), Texas Instruments Inc (NASDAQ:TXN), Protech Home Medical Corp (OTC:PHMZF) (TSXV:PHM) and FogChain Inc. (CSE:FOG), are beckoning investors to check them out. Fog Computing - Faster, Increased Security And More Cost Efficient Computers and their speed, two things that go hand in hand. However, the speed of computers is something we’re not always too happy with. Fog computing can change this by allowing individual devices to handle increased amounts of minor tasks, which usually require cloud assistance. Bypassing minor tasks allows computers to avoid sending data to the cloud, which avoids delays and latency issues entirely. FogChain Inc.(CSE:FOG) provides a fog computing platform in this space. Their platform enables developers to build apps that run successfully across iOS, Android, Windows, and Mac OSX operating systems, all using one single piece of universal code. This saves a huge amount of developer’s time and massively reduces development costs, as developers would usually need unique code for each platform. How is this possible? Build using Fogchain’s RadJav, the blockchain based rapid application development platform. RadJav’s ease of use, greater efficiency and its more unified system allows for the quick development and deployment of enterprise strength applications globally. So Tell Me, How Will Fog Computing Improve People’s Lives The possibilities with edge devices and fog computing know no bounds, as real-world examples can already be seen in smart traffic lights and within connected vehicles. Autonomous vehicles in particular just would not be feasible without fog computing, as a daily prediction for data required to operate one vehicle is 4 terabytes (the equivalent to 3,000 daily internet users). This amount of data can only be provided through fog, proving its importance in the multi billion dollar automotive industry. Fog computing also shows its star quality in its ability to provide a superior service for 5G phone networks. Enhanced phone networks means phone calls would never be dropped due to poor phone signal. Further backing these examples, is a recent prediction by the International Data Corporation (IDC), which claimed that 10% of world data will be fuelled by edge devices come 2020. Fog computing isn’t seen as a replacement for cloud computing, but is viewed as an eye-opener into how we may use the Internet in the future. Briefly comparing a few key differences between fog and cloud: Cloud computing server nodes are located within the internet, fog computing nodes are positioned by the edge of a local network (shorter server distance). As well as this, cloud computing systems experience high amounts of latency issues, and overall they are less secure/undefined when compared to fog computing. Fog Computing Research And Development, There's No Time Like The Present Fog computing is still in its infancy, but the benefits it provides in areas like edge computing and security are driving demand from enterprises all over the world. This is why large multinational companies like Apple and Tesla currently feel the need to invest so much of their annual budget into research and development. Nokia’s AirFrame Open Edge computing server (unveiled in April 2018) is a prime example of completed research and development in edge computing. This surge in R&D among large enterprises makes it clear that an emerging company like FogChain Inc. (CSE:FOG) stand themselves in a promising position within the industry. FogChain Inc. also recently secured almost $5.3 million in a private placement financing. Receiving funds to this amount firmly places them as market contenders within the $500 billion software development market wave predicted for 2022. Big money has started rolling in this industry and if R&D isn't clearly being carried out, it can only be assumed that priorities are set on identifying and buying out the hot new tech startups within the industry. A clear example of this can be seen in Microsoft's recent acquisition of GitHub for $7.5 billion (June 2018). Companies That Actively Use Or Are Thinking About Using Fog/Cloud Computing Around The World Reliq Health Technologies Inc. (TSXV:RHT) (OTCQB:RQHTF) Reliq Health Technologies, based in Vancouver, BC, is growing at an exponential rate and a great example of a healthcare company utilizing cloud technology. The company focuses primarily on creating new virtual care SaaS solutions for patients based outside of a hospital environment. An example of this is their iUGO Care platform that is used to collect and store patient data. Amazon (NASDAQ:AMZN) Originally launched in 2006, Amazon Web Services have gone from strength to strength to become an internationally recognized cloud platform provider. In 2016, Amazon made even bigger steps forward by announcing AWS Greengrass. Through edge devices that run machine learning, AWS Greengrass allows users to locally execute the cloud-based management of applications. An example of this can be seen when using data caching or ML inference capabilities on connected devices that run AWS Lambda functions. Texas Instruments Inc. (NASDAQ:TXN) Since 2012, Texas Instruments have been researching ‘edge of the cloud’ technology. To date, the company has created an array of chips used to influence this rapidly growing space. Most recently, their digital signal processor chip used in radar technology has brought machine learning from the cloud, to edge devices. Protech Home Medical Corp (OTC:PHMZF) (TSXV:PHM) Founded in 1993 and headquartered in Louisiana, USA, Protech is a health technology company specializing in the home respiratory market. They aim to improve the industry and quality of care the patients receive, through innovative technology. Today May Be Cloudy, But Tomorrow Will Be Foggy Cloud computing has completely revolutionized the way we use the internet. However, cloud continues to suffer from security, privacy, technical, data and recovery/backup issues. Fog computing offers a new horizon and addresses these issues on a much broader scale. The example of FogChain Inc. (CSE:FOG) resonates in our minds, as accelerated software development through one of the few publicly traded blockchain companies presents a window of opportunity within the B2B and B2C software markets. FogChain Inc. (CSE:FOG) who use a combination of blockchain and fog computing have the potential to transform how software is developed and how applications are managed across this entire industry. On top of this, the application development and deployment software market is predicted to grow at a CAGR (compounded annual growth rate) of 25.6% from $110.7 billion in 2017 to $346.4 billion in 2022 (Source: Transparency Market Research). The future is bright for the internet of things, as the combination of security in blockchain, and the performance capabilities of fog, is a match made in heaven. The software development market is sitting in a very promising position and the demand for constant improvements is not slowing down. In particular there are billion dollar markets like that of the autonomous vehicle, which (to progress) rely on advancements being made in fog computing. The arrival of fog on the blockchain could be the answer that many have been looking for! For more on FogChain Inc. (CSE:FOG), please visit microsmallcap.com for a free research report. Legal Disclaimer/Disclosure: This article is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this article should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Baystreet.ca assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this article and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Baystreet.ca has been compensated one thousand eight hundred dollars from Native Ads for FogChain Inc. advertising. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this article. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Fog Computing to Fly Past Cloud June 26, 2018 - Market Jar Media What is fog? Well, to put it simply, it’s cloud that touches the ground. What is fog computing? Straightforwardly, this is cloud computing which is carried out closer to the end users networks. Finally, why should you care? The new and exciting fog industry is predicted to be valued at USD $700 million by 2024. Enterprises around the world use cloud computing platforms day in, day out. What they don’t realize is that fog computing is the faster, more secure and cost-effective alternative. A rising demand for IT scalability and optimized network traffic, means businesses which are using or thinking about cloud and fog computing like Reliq Health Technologies Inc. (OTCQB:RQHTF) (TSXV:RHT), Amazon (NASDAQ:AMZN), Texas Instruments Inc (NASDAQ:TXN), Protech Home Medical Corp (OTC:PHMZF) (TSXV:PHM) and FogChain Inc. (CSE:FOG), are beckoning investors to check them out. Fog Computing - Faster, Increased Security And More Cost Efficient Computers and their speed, two things that go hand in hand. However, the speed of computers is something we’re not always too happy with. Fog computing can change this by allowing individual devices to handle increased amounts of minor tasks, which usually require cloud assistance. Bypassing minor tasks allows computers to avoid sending data to the cloud, which avoids delays and latency issues entirely. FogChain Inc.(CSE:FOG) provides a fog computing platform in this space. Their platform enables developers to build apps that run successfully across iOS, Android, Windows, and Mac OSX operating systems, all using one single piece of universal code. This saves a huge amount of developer’s time and massively reduces development costs, as developers would usually need unique code for each platform. How is this possible? Build using Fogchain’s RadJav, the blockchain based rapid application development platform. RadJav’s ease of use, greater efficiency and its more unified system allows for the quick development and deployment of enterprise strength applications globally. So Tell Me, How Will Fog Computing Improve People’s Lives The possibilities with edge devices and fog computing know no bounds, as real-world examples can already be seen in smart traffic lights and within connected vehicles. Autonomous vehicles in particular just would not be feasible without fog computing, as a daily prediction for data required to operate one vehicle is 4 terabytes (the equivalent to 3,000 daily internet users). This amount of data can only be provided through fog, proving its importance in the multi billion dollar automotive industry. Fog computing also shows its star quality in its ability to provide a superior service for 5G phone networks. Enhanced phone networks means phone calls would never be dropped due to poor phone signal. Further backing these examples, is a recent prediction by the International Data Corporation (IDC), which claimed that 10% of world data will be fuelled by edge devices come 2020. Fog computing isn’t seen as a replacement for cloud computing, but is viewed as an eye-opener into how we may use the Internet in the future. Briefly comparing a few key differences between fog and cloud: Cloud computing server nodes are located within the internet, fog computing nodes are positioned by the edge of a local network (shorter server distance). As well as this, cloud computing systems experience high amounts of latency issues, and overall they are less secure/undefined when compared to fog computing. Fog Computing Research And Development, There's No Time Like The Present Fog computing is still in its infancy, but the benefits it provides in areas like edge computing and security are driving demand from enterprises all over the world. This is why large multinational companies like Apple and Tesla currently feel the need to invest so much of their annual budget into research and development. Nokia’s AirFrame Open Edge computing server (unveiled in April 2018) is a prime example of completed research and development in edge computing. This surge in R&D among large enterprises makes it clear that an emerging company like FogChain Inc. (CSE:FOG) stand themselves in a promising position within the industry. FogChain Inc. also recently secured almost $5.3 million in a private placement financing. Receiving funds to this amount firmly places them as market contenders within the $500 billion software development market wave predicted for 2022. Big money has started rolling in this industry and if R&D isn't clearly being carried out, it can only be assumed that priorities are set on identifying and buying out the hot new tech startups within the industry. A clear example of this can be seen in Microsoft's recent acquisition of GitHub for $7.5 billion (June 2018). Companies That Actively Use Or Are Thinking About Using Fog/Cloud Computing Around The World Reliq Health Technologies Inc. (TSXV:RHT) (OTCQB:RQHTF) Reliq Health Technologies, based in Vancouver, BC, is growing at an exponential rate and a great example of a healthcare company utilizing cloud technology. The company focuses primarily on creating new virtual care SaaS solutions for patients based outside of a hospital environment. An example of this is their iUGO Care platform that is used to collect and store patient data. Amazon (NASDAQ:AMZN) Originally launched in 2006, Amazon Web Services have gone from strength to strength to become an internationally recognized cloud platform provider. In 2016, Amazon made even bigger steps forward by announcing AWS Greengrass. Through edge devices that run machine learning, AWS Greengrass allows users to locally execute the cloud-based management of applications. An example of this can be seen when using data caching or ML inference capabilities on connected devices that run AWS Lambda functions. Texas Instruments Inc. (NASDAQ:TXN) Since 2012, Texas Instruments have been researching ‘edge of the cloud’ technology. To date, the company has created an array of chips used to influence this rapidly growing space. Most recently, their digital signal processor chip used in radar technology has brought machine learning from the cloud, to edge devices. Protech Home Medical Corp (OTC:PHMZF) (TSXV:PHM) Founded in 1993 and headquartered in Louisiana, USA, Protech is a health technology company specializing in the home respiratory market. They aim to improve the industry and quality of care the patients receive, through innovative technology. Today May Be Cloudy, But Tomorrow Will Be Foggy Cloud computing has completely revolutionized the way we use the internet. However, cloud continues to suffer from security, privacy, technical, data and recovery/backup issues. Fog computing offers a new horizon and addresses these issues on a much broader scale. The example of FogChain Inc. (CSE:FOG) resonates in our minds, as accelerated software development through one of the few publicly traded blockchain companies presents a window of opportunity within the B2B and B2C software markets. FogChain Inc. (CSE:FOG) who use a combination of blockchain and fog computing have the potential to transform how software is developed and how applications are managed across this entire industry. On top of this, the application development and deployment software market is predicted to grow at a CAGR (compounded annual growth rate) of 25.6% from $110.7 billion in 2017 to $346.4 billion in 2022 (Source: Transparency Market Research). The future is bright for the internet of things, as the combination of security in blockchain, and the performance capabilities of fog, is a match made in heaven. The software development market is sitting in a very promising position and the demand for constant improvements is not slowing down. In particular there are billion dollar markets like that of the autonomous vehicle, which (to progress) rely on advancements being made in fog computing. The arrival of fog on the blockchain could be the answer that many have been looking for! For more on FogChain Inc. (CSE:FOG), please visit microsmallcap.com for a free research report. Legal Disclaimer/Disclosure: This article is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this article should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Baystreet.ca assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this article and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Baystreet.ca has been compensated one thousand eight hundred dollars from Native Ads for FogChain Inc. advertising. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this article. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.