CloudCommerce Rapidly Transforming into a Tech Company Other OTC:CLWD

CloudCommerce Rapidly Transforming into a Tech Company Other OTC:CLWD

News Highlights

SAN ANTONIO, April 20, 2021 (News) — CloudCommerce, Inc. (CLWD), a technology driven provider of digital advertising solutions, today announced that its recent infusion of additional capital allows the Company to acquire, license and internally develop the technology needed to transform its AI-driven SWARM solution into a fully functioning, AI-driven software as a service (SaaS) platform.

“We are rapidly transforming our business from a traditional advertising agency services provider into a true technology driven company,” said Andrew Van Noy, CloudCommerce CEO. “While we are extremely pleased that our SWARM solution continues to deliver advertising results beyond client expectations, our dream was always to develop SWARM into a fully functioning software as a service (SaaS) platform. Our recent infusion of additional capital allows us to begin the process of turning that dream into a reality.”

Successful B2B companies like Salesforce, Snowflake and Square use the SaaS model to sell software to other businesses as a service. These cloud-based services help organizations run more efficiently or automate internal functions. Many businesses rely on these services to optimize their marketing, sales, customer service, and operations efforts. Once established in the marketplace, SaaS companies usually benefit from exceptionally high gross profit margins.

“Our AI-driven SWARM solution struck a raw nerve in the advertising industry,” Mr. Van Noy continued. “Today, more than half of all advertising dollars spent in the U.S. are spent on digital forms of advertising. As a result, successful campaigns must be data driven. However, waste and inefficiency still persist. To reduce advertising costs by as much as 50%, we use SWARM to build custom audiences for highly targeted digital marketing campaigns.”

Mr. Van Noy concluded,” Our plan is to use the agency services side of our business to continue offering our SWARM solution to major brands, while at the same time developing SWARM into an AI-driven SaaS platform. We are aggressively searching for acquisitions, licensing partners and talent that can help us achieve this goal. Our pending corporate name change to AiAdvertising, Inc., will help make our intentions clear.”

For more information about AiAdvertising, please visit the Company’s new website at www.AiAdvertising.com.

About CloudCommerce

CloudCommerce is a technology driven provider of digital advertising solutions. Our 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. We do 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. For more information about the Company, please visit www.CloudCommerce.com.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Press Contact:

CloudCommerce, Inc.Tel: (800) 673-0927communications@cloudcommerce.com

  • Check the latest Tech news updates and information updates.
  • Please share this news CloudCommerce Rapidly Transforming into a Tech Company Other OTC:CLWD with your friends and family to support us your one share helps us a lot.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Mental health visits among vulnerable populations dropped significantly during the pandemic

Mental health visits among vulnerable populations dropped significantly during the pandemic

“While we’re encouraged that people are accessing some health care services at pre-pandemic levels, there is work to do to connect people to mental health care ...
MORNING BUSINESS REPORT: Student loan is not worth it, help with internet account, large wind farm News

How Airbnb is serving tourists who don’t know where they want to go

“We struck over 100 partnerships over the course of just the pandemic with destination marketing organizations, which are basically tourism bureaus… From ...
Chinese rocket debris ready for re-entry in the next few hours – tracking centers

Chinese rocket debris ready for re-entry in the next few hours – tracking centers

Harvard-based astrophysicist Jonathan McDowell said on Twitter that it was believed the United States was safe from a potential impact but recent predictions ...
Nemours Child Health System changing its name |  Jax Daily Record |  Jacksonville Daily Record

Nemours Child Health System changing its name | Jax Daily Record | Jacksonville Daily Record

It redesigned its logo to “better reflect the organization’s bold vision of redefining children’s health” and “represents Nemours’ unique approach to patient ...
How to use 50 trillion Shiba Inu in India, which hit Covid and the cautious crypt

How to use 50 trillion Shiba Inu in India, which hit Covid and the cautious crypt

Nailwal’s team has collected $1.04 billion worth of cryptocurrencies in donations. The efforts come at a time when India is struggling with record daily ...
New Hanover public health offering vaccine clinic for over 12s

New Hanover public health offering vaccine clinic for over 12s

MLK Center, 401 South 8th StreetHours: 9 a.m. to 3:30 p.m.Health and Human Services Building, 1650 Greenfield StreetIndependence Mall, 3500 Oleander Drive ...
Maquoketa dance marathon to raise money for children’s hospital |  Tri-state News

Maquoketa dance marathon to raise money for children’s hospital | Tri-state News

Source www.telegraphherald.com All proceeds will go toward the children’s hospital at University of Iowa. Admission is $5. A meal will be served from 5:30 ...
Players do the math on Destiny 2’s new transmog system and the grind is even worse than expected

Players do the math on Destiny 2’s new transmog system and the grind is even worse than expected

Of course, if you’d rather avoid all of that, you can purchase Synthweave Templates in the Eververse Store: A bundle of five goes for 1000 Silver, which will ...
Iowa Health Providers Offer Therapy and Resources for COVID Long-Haulers

Iowa Health Providers Offer Therapy and Resources for COVID Long-Haulers

“I went out and actually watched my heart rate and saw how slow I actually had to go. So the first rounds were really slow with a lot of walks tossed in,” ...
Show next
Compsmag - Latest News from tech, business and health
Logo