NEW YORK, Dec. 11, 2017 (GLOBE NEWSWIRE) -- via NetworkNewsWire - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial Carl Data Solutions, Inc. (CSE:CRL) (FSE:7C5) (OTC:CDTAF), a client of NNW and an Industrial IoT (IIoT) company focused on providing next generation information collection, storage and analytics solutions for data-centric companies.
The publication, titled, “Innovative Data Solutions Companies on Pace to Change the World,” discussing the Internet of Things (“IoT”) and its impact on and potential in various industries.
To view the full publication, visit: https://www.networknewswire.com/innovative-data-solutions-companies-pace-change-world/
“It is estimated that by 2020 there will be over 50 billion things connected globally, and Grand View Research predicts that the industrial IoT market will grow at a compound annual growth rate (CAGR) of almost 28 percent to reach USD $933 billion by 2025. Of course, this level of connectivity will generate a vast amount of data that has to be stored and processed, and Carl Data Solutions, Inc. (OTC:CDTAF) (CSE:CRL) (FSE:7C5) (Carl Data Profile) is one competitive company well-positioned to take advantage of the anticipated growth in this market.
“The core of Carl Data’s complete, turnkey, end-to-end solution is its collection of information from billions of data points, which is stored in scalable, customized cloud-computing facilities and then analyzed. Data analysis can take several forms depending on client requirements, including reporting, alarming, predictive analytics and machine learning. The company has the ability to handle any amount of big data, generating reports for plant management and automated alarms when plant conditions need to be corrected. Carl Data uses algorithms for predictive analytics, producing a seven-day forecast of the impact of future events on a company’s assets and enabling it to take preventative measures. The company also has advanced artificial intelligence (AI) capabilities that can be employed for machine learning, enabling equipment to self-diagnose and self-correct.”
About Carl Data Solutions Inc.
Carl Data Solutions Inc. is an Industrial IoT (IIoT) company focused on providing next generation information collection, storage and analytics solutions for data-centric companies. Building on its recent acquisitions, Carl helps its clients analyze and understand all forms of environmental data through a powerful platform of data collection, monitoring, reporting, and predictive analysis tools. Carl Data continues to develop applications to work with new cloud-based mass storage services and analytics tools (Big-Data-as-a-Service (BDaaS) to provide scalability for municipalities, utilities and other industrial verticals. These data collection and storage methods allow the company to build smart Software-as-a-Service (SaaS)-based applications that can collect data from many diverse sources and provide deep insight for decision-making purposes. For more information, visit www.CarlSolutions.com.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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