OneMind Technologies (OTCMKTS:AFFU) Stock Falls After New Hypervisor IOT Enhancements Strengthening Analytic Capabilities

One of the companies which may be worth looking into this morning is Affluent Corporation following the developments from yesterday. On Tuesday, OneMind Technologies (OTCMKTS:AFFU), a fully owned subsidiary unit of Affluent, announced innovative new product features which would allow for future advancements which would utilize machine learning and artificial intelligence-powered algorithms that would expand the potential of analytics possibilities.

OneMind Technologies Announces New Hypervisor IOT Enhancements Strengthening Analytic Capabilities

This advancement would, in turn, benefit Smart City decision-making in a big way and it goes without saying that the announcement was a significant one. The announcement in question was made by OneMind at the LEAP 2023 Technology Conference that had been held in Saudi Arabia.

The subsidiary unit of Affluent has been busy displaying its Hypervisor for Digital Cities in collaboration with Orange Business Services, its strategic partner. Orange Business Services has been working on Digital Cities solutions and the technology from OneMind is supposed to be a major constituent of it.

At this point in time, OneMind is regarded as one of the leading players in the Internet of Things technology and Smart City Software spaces. It is now going to be interesting to see if the latest announcement from OneMind leads to a positive move in the Affluent stock or not in the coming days.