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IoT Needs AI to Thrive, This Company Does Both

HENDERSON, NV / ACCESSWIRE / April 4, 2019 / The Internet of Things (IoT) continues to be one of the most popular technology buzzwords. As it's grown in popularity the discussion has turned from what it is to how to drive value from it to the tactical: how to make it work.

While IoT is great and a worthy investment on its own (we've highlighted a few IoT companies below) all the data it collects will not be worth much without a strong AI component. That's why we're really excited about an AI/ IoT play we've come across: Gopher Protocol Inc. (GOPH). After thorough testing, the company has just released its Avant! AI mobile app! This is huge news that investors will be quick to jump on. With McDonalds and SAS each making news recently about investments in AI, investors are hungry for opportunities in the space, so start your research now. As mentioned, the company also has an IoT component which we highlight below.

Today we are highlighting: Gopher Protocol Inc. (GOPH), Lumentum (LITE), Microsoft Corp. (MSFT), China Mobile Limited (CHL), and The Middleby Corporation (MIDD).

Gopher Protocol Inc. (GOPH) (Market Cap: $80.889M Share Price: $0.39)'s Avant! AI mobile app is synchronized with the Avant! AI web application (www.avant-ai.net) and is equipped with personalization and additional features to make it a handy artificial general intelligence (AGI) agent for the benefit of users. Avant! AI is an artificial intelligence system that is capable of processing vast amounts of data efficiently and quickly. Avant! AI is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications. The current release of Avant! AI is targeting AGI to perform information search and retrieval. The new mobile application enables question/answer capability for general topics. Avant! AI searches for online information, sorting out the best answer and recording it under a personal account. The system keeps a history of any user's question/answer data for future use, and includes a search mechanism to retrieve previous topics.

The company also announced it had filed a non-provisional patent application with the United States Patent and Trademark Office (USPTO) covering Gopher's 3D microchip design and manufacturing technology. The goal of the technology specified in this application is to facilitate the design and manufacturing of superior computing microchips to power AI systems, wireless and IoT/Mobile systems.

In the IoT department, GOPH initiated testing multiple antenna types and configurations as part of the final phase of development for its mesh network gateway device. Antennas are a crucial part of any wireless system, being the central communicator between wireless clients, so this announcement was very promising.

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Lumentum's (LITE) (Market Cap: $4.459B; Share Price: $58.59) shareholders have seen the share price post triple digit gain over three years on YTD basis, well in excess of the market return. During three years of share price growth, Lumentum Holdings moved from losses to profitability. Looking further ahead, the ramp-up of 5G technologies worldwide and the growth of the IoT (Internet of Things) market should generate healthy long-term demand for its fiber-optic components.

Lumentum Holdings Inc. manufactures and sells optical and photonic products, and operates through two segments, Optical Communications and Commercial Lasers. The Optical Communications segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and text data over high-capacity fiber optic cables.

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Microsoft Corp (MSFT) (Market Cap: $920.435B; Share Price: $119.97) and BMW Group on Tuesday launched an initiative to create an Open Manufacturing Platform that seeks to stimulate innovation and accelerate the development of 'smart' factories. The deal reflects a push by 'hyperscale' cloud computing providers to capture and manage the terabytes of data thrown off by the network of connected devices such as robots and sensors that make up the so-called Internet of Things (IoT). Today, Linius Technologies Limited (ASX:LNU) - the only cloud-based solution that transforms static video into hyper-personalized video experiences with its world-first Video Virtualization Engine™ (VVE) - has been granted 'co-sell' status with Microsoft globally. From July 2017 to June 2018, Microsoft generated more than 11,000 co-sell wins with partners, equating to roughly US$5 billion in contract value through its channel.

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide, as well as, commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses; Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises. The company's Intelligent Cloud segment licenses server products and cloud services.

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China Mobile Limited (CHL) (Market Cap: $207.393B; Share Price: $50.69) long-term prospects look bright, with its broadband ARPU still rising. Its Internet of Things (IoT) service revenue rose 40% annually, as its number of IoT connections surged 141%. 5G upgrades should also eventually get its wireless ARPU growth back on track. China Mobile pays semi-annual dividends that equal roughly half its earnings, which translated to a yield of 3% to 5% over the past five years. That high yield and China Mobile's low P/E ratio make it a solid income play for conservative investors.

China Mobile Limited, an investment holding company, provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers voice services, including local calls, domestic and international long-distance calls and roaming services and value-added services, such as caller identity display, call waiting, conference calls, and others.

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The Middleby Corporation (MIDD) (Market Cap: $7.576B; Share Price: $136.02) said it has acquired Powerhouse Dynamics, Inc., a developer of cloud-based Internet of Things solutions for the food service industry. Terms of the acquisition were not announced. Powerhouse pioneered the introduction of automated IoT solutions into the restaurant industry through its SiteSage platform, used by many major restaurants, convenience store, and retail brands.

"This acquisition significantly enhances Middleby's IoT capabilities and expands the offerings to our customers as they evolve the management of their operations through remote, connected and data driven solutions", said Middleby's CEO Tim FitzGerald.

The Middleby Corporation is a global leader in the foodservice equipment industry. The company develops, manufactures, markets and services a broad line of equipment used in the commercial foodservice, food processing, and residential kitchen equipment industries. It is a global leader with operations across the United States, Canada, Asia, Europe, the Middle East, and Latin America.

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Signed by

Priyanka Goel, CFA

Legal Disclaimer:

This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18. The agreement calls for $100,000 in cash per month. All payments were made directly by Gopher Protocol, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. GOPH was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.

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