Billions of Devices On The Edge Are Powering The Internet June 28, 2018 - Baystreet.ca According to Intel, the autonomous or driverless car industry will be a $7 trillion dollar market within the next two decades. The only thing standing in the way of this new transport boom is that driverless cars will generate far too much data for current systems to process. These cars will simply stall unless a new technology, called Fog Computing is developed. Fog Computing is the platform that brings modern, cloud-inspired computing, storage, and networking functions closer to the data-producing sources, while also integrating real-time and safety capabilities. Tech companies like Internet of Things (TSX.V: ITT), Cisco Systems Inc. (NASDAQ: CSCO), Marvell Technology Group Ltd. (NASDAQ: MRVL), and Kinaxis Inc. (TSE: KXS) have all expressed the need for fog computing with Cisco estimating that by 2020, there will be 50 billion connected devices. An inevitably rising demand for fog computing positions FogChain Corp. (CSE: FOG) to potentially become a leader in the next tech revolution. The Missing Key to Autonomous Vehicles Self-driving cars will not happen if fog computing doesn't take off. Intel predicts that each vehicle could use more than 4,000 GB of data per day. To put this in perspective, an individual internet user generates around 1.5 GB of data each day, which means that one vehicle could require the equivalent data management capacity of 3,000 people every day! Google and Tesla know this, which is why these companies are pouring an enormous amount of money into fog technology. FogChain Corp. (CSE: FOG) is one of the early adopters and few frontrunners pushing the development of fog computing above and beyond cloud capabilities. This advancement is vital for self-driving cars as the processing power of the cloud cannot provide the speed and accuracy needed to move a car forward. FogChain Corp. (CSE: FOG) currently offers a software development platform so individuals and businesses can access the power of fog computing worldwide. The cloud was built for storing files but was never built for transferring masses of data between devices in real-time. Fog computing takes the strain off the cloud by extending the compute power to the edge of the network in local computers and devices, closer to where the data is created. Fog is closer to the ground than the cloud. Taking the example of a driverless car, fog technology would allow the vehicle to process simple data such as determining the speed limit or stopping at a red light. This then frees up more bandwidth on the cloud for the more data-intensive tasks such as determining the most efficient driving lane or detecting other cars on the road. Carmakers could certainly use the best technologies possible when designing their driverless car programs, and platforms like FogChain Corp. (CSE: FOG) could help to finally transform the automotive industry. The Future Depends On Speed & Security The billion-dollar automotive industry is just one part of a massive landscape where fog could spread to. Software developers are seeking powerful tools to solve the bandwidth issues associated with cloud based data centers. The FogChain Corp. (CSE: FOG) software development platform satisfies a modern developer’s needs. It enables developers to use one single piece of universal code across several operating systems (iOS, Android, etc.) thanks to their game-changing RadJav development engine. Developers can now develop once, deploy everywhere, and create apps more quickly than before, saving a huge amount of time and costs. Unlike the cloud, RadJav will offer a decentralized data center, so data processing is spread outward like a ‘fog’ and much closer to the devices that need information as fast as possible. Users can set up their own HTTP server and create 3-D interfaces for their apps to run on multiple platforms. RadJav also offers a blockchain solution, the popular technology behind the success of Bitcoin, based on Proof-of-Competition consensus introduced by RadJav.. The secure nature of blockchain allows FogChain Corp. (CSE: FOG) clients to defend themselves from hostile attackers, security vulnerabilities, and DDOS attacks anywhere in the world. FogChain Corp. (CSE: FOG) recently acquired RadJav for $5 million, marking the start of an aggressive strategy to extend the platform’s technology capabilities. Last week following the acquisition the company quickly expanded RadJav to be compatible with the Linux and macOS operating system. Anyone looking to build a faster network to power autonomous vehicles in the future could be looking at FogChain Corp. (CSE: FOG)’s platform as the missing piece. Amazon, Microsoft & Google Eyeing Fog Technology In 2015 a number of technology companies including Cisco, ARM, Dell and Microsoft backed the OpenFog Consortium with the aim of adopting industry standards to facilitate better cross-platform operability. Support for fog computing can also be seen with the development of Amazon’s AWS Greengrass, Microsoft’s Azure Functions and Google’s Android Things. These companies are investing in fog technology because they recognize the enormous potential of this industry and how it could signal the beginning of an avalanche of investor interest. In the past many have missed out on the tech pioneers like Amazon before they took off. FogChain Corp. (CSE: FOG) is one of the few publicly listed companies that’s heavily involved in the development of the ‘next cloud computing’. FogChain Corp. (CSE: FOG) offers the market an opportunity to invest in a technology that’s considered an upgrade on what made Amazon a big success. Cloud technology is definitely an industry which lived up to the investor hype. Those investors who bet on cloud technology early saw an industry grow from USD $67 billion in 2015 to over USD $120 billion in 2017, returning a hefty compounded average growth rate of 34% in less than two years. For those who may have missed the investment opportunity, the second wave of technological transformation is here in the form of fog computing, and FogChain Corp. (CSE: FOG) could be an upcoming frontrunner to watch. As an early adopter of this technology, FogChain Corp. (CSE: FOG) is well positioned to become a leader in fog computing. While fog computing remains relatively unknown amongst the wider public, few could ignore its potential in overtaking a $120 billion cloud industry and turning on the engines of self-driving cars in the future. Other Dominant Players in the Industry Internet of Things (TSX.V: ITT) is a software developer focused mainly on accelerating technology companies based around the internet of things - devices connected to and using the internet. The company has recently made a number of strategic investments relating to the autonomous vehicle market, such as with Weather Telematics Inc. providing advanced real-time weather analysis for predicting road conditions, and with Blockstrain Technology Corp. which provides a secure blockchain platform. Cisco Systems Inc. (NASDAQ: CSCO) has been actively been in the fog computing space since 2014. The company manufactures a vast range of hardware for networking and telecommunications, alongside providing software and other services, including for the internet of things. This is a multi-billion dollar business with stable 4% year-on-year growth and has recently invested in Accompany who provides AI platforms for intelligent relationships management. Marvell Technology Group Ltd. (NASDAQ: MRVL) is a technology company providing cloud and fog computing solutions, currently with a notable focus on the autonomous vehicle industry. The company is currently in the process of completing a $6 billion purchase of another silicon valley technology company, Cavium Inc. Kinaxis Inc. (TSE: KXS) develop cloud-based applications, offering one of the most innovative and fastest growing supply chain planning systems available utilizing cloud technology. Like with other contemporaries, Kinaxis Inc. is interested in the automotive industry, and recently announced having been selected by Volvo Cars to assist with their global supply chain operations. 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.
Billions of Devices On The Edge Are Powering The Internet June 28, 2018 - Baystreet.ca According to Intel, the autonomous or driverless car industry will be a $7 trillion dollar market within the next two decades. The only thing standing in the way of this new transport boom is that driverless cars will generate far too much data for current systems to process. These cars will simply stall unless a new technology, called Fog Computing is developed. Fog Computing is the platform that brings modern, cloud-inspired computing, storage, and networking functions closer to the data-producing sources, while also integrating real-time and safety capabilities. Tech companies like Internet of Things (TSX.V: ITT), Cisco Systems Inc. (NASDAQ: CSCO), Marvell Technology Group Ltd. (NASDAQ: MRVL), and Kinaxis Inc. (TSE: KXS) have all expressed the need for fog computing with Cisco estimating that by 2020, there will be 50 billion connected devices. An inevitably rising demand for fog computing positions FogChain Corp. (CSE: FOG) to potentially become a leader in the next tech revolution. The Missing Key to Autonomous Vehicles Self-driving cars will not happen if fog computing doesn't take off. Intel predicts that each vehicle could use more than 4,000 GB of data per day. To put this in perspective, an individual internet user generates around 1.5 GB of data each day, which means that one vehicle could require the equivalent data management capacity of 3,000 people every day! Google and Tesla know this, which is why these companies are pouring an enormous amount of money into fog technology. FogChain Corp. (CSE: FOG) is one of the early adopters and few frontrunners pushing the development of fog computing above and beyond cloud capabilities. This advancement is vital for self-driving cars as the processing power of the cloud cannot provide the speed and accuracy needed to move a car forward. FogChain Corp. (CSE: FOG) currently offers a software development platform so individuals and businesses can access the power of fog computing worldwide. The cloud was built for storing files but was never built for transferring masses of data between devices in real-time. Fog computing takes the strain off the cloud by extending the compute power to the edge of the network in local computers and devices, closer to where the data is created. Fog is closer to the ground than the cloud. Taking the example of a driverless car, fog technology would allow the vehicle to process simple data such as determining the speed limit or stopping at a red light. This then frees up more bandwidth on the cloud for the more data-intensive tasks such as determining the most efficient driving lane or detecting other cars on the road. Carmakers could certainly use the best technologies possible when designing their driverless car programs, and platforms like FogChain Corp. (CSE: FOG) could help to finally transform the automotive industry. The Future Depends On Speed & Security The billion-dollar automotive industry is just one part of a massive landscape where fog could spread to. Software developers are seeking powerful tools to solve the bandwidth issues associated with cloud based data centers. The FogChain Corp. (CSE: FOG) software development platform satisfies a modern developer’s needs. It enables developers to use one single piece of universal code across several operating systems (iOS, Android, etc.) thanks to their game-changing RadJav development engine. Developers can now develop once, deploy everywhere, and create apps more quickly than before, saving a huge amount of time and costs. Unlike the cloud, RadJav will offer a decentralized data center, so data processing is spread outward like a ‘fog’ and much closer to the devices that need information as fast as possible. Users can set up their own HTTP server and create 3-D interfaces for their apps to run on multiple platforms. RadJav also offers a blockchain solution, the popular technology behind the success of Bitcoin, based on Proof-of-Competition consensus introduced by RadJav.. The secure nature of blockchain allows FogChain Corp. (CSE: FOG) clients to defend themselves from hostile attackers, security vulnerabilities, and DDOS attacks anywhere in the world. FogChain Corp. (CSE: FOG) recently acquired RadJav for $5 million, marking the start of an aggressive strategy to extend the platform’s technology capabilities. Last week following the acquisition the company quickly expanded RadJav to be compatible with the Linux and macOS operating system. Anyone looking to build a faster network to power autonomous vehicles in the future could be looking at FogChain Corp. (CSE: FOG)’s platform as the missing piece. Amazon, Microsoft & Google Eyeing Fog Technology In 2015 a number of technology companies including Cisco, ARM, Dell and Microsoft backed the OpenFog Consortium with the aim of adopting industry standards to facilitate better cross-platform operability. Support for fog computing can also be seen with the development of Amazon’s AWS Greengrass, Microsoft’s Azure Functions and Google’s Android Things. These companies are investing in fog technology because they recognize the enormous potential of this industry and how it could signal the beginning of an avalanche of investor interest. In the past many have missed out on the tech pioneers like Amazon before they took off. FogChain Corp. (CSE: FOG) is one of the few publicly listed companies that’s heavily involved in the development of the ‘next cloud computing’. FogChain Corp. (CSE: FOG) offers the market an opportunity to invest in a technology that’s considered an upgrade on what made Amazon a big success. Cloud technology is definitely an industry which lived up to the investor hype. Those investors who bet on cloud technology early saw an industry grow from USD $67 billion in 2015 to over USD $120 billion in 2017, returning a hefty compounded average growth rate of 34% in less than two years. For those who may have missed the investment opportunity, the second wave of technological transformation is here in the form of fog computing, and FogChain Corp. (CSE: FOG) could be an upcoming frontrunner to watch. As an early adopter of this technology, FogChain Corp. (CSE: FOG) is well positioned to become a leader in fog computing. While fog computing remains relatively unknown amongst the wider public, few could ignore its potential in overtaking a $120 billion cloud industry and turning on the engines of self-driving cars in the future. Other Dominant Players in the Industry Internet of Things (TSX.V: ITT) is a software developer focused mainly on accelerating technology companies based around the internet of things - devices connected to and using the internet. The company has recently made a number of strategic investments relating to the autonomous vehicle market, such as with Weather Telematics Inc. providing advanced real-time weather analysis for predicting road conditions, and with Blockstrain Technology Corp. which provides a secure blockchain platform. Cisco Systems Inc. (NASDAQ: CSCO) has been actively been in the fog computing space since 2014. The company manufactures a vast range of hardware for networking and telecommunications, alongside providing software and other services, including for the internet of things. This is a multi-billion dollar business with stable 4% year-on-year growth and has recently invested in Accompany who provides AI platforms for intelligent relationships management. Marvell Technology Group Ltd. (NASDAQ: MRVL) is a technology company providing cloud and fog computing solutions, currently with a notable focus on the autonomous vehicle industry. The company is currently in the process of completing a $6 billion purchase of another silicon valley technology company, Cavium Inc. Kinaxis Inc. (TSE: KXS) develop cloud-based applications, offering one of the most innovative and fastest growing supply chain planning systems available utilizing cloud technology. Like with other contemporaries, Kinaxis Inc. is interested in the automotive industry, and recently announced having been selected by Volvo Cars to assist with their global supply chain operations. 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.