Infusion of Mesh Technology into Powerful Internet of Things (IoT) Generating Lucrative Market Opportunities
PALM BEACH, Florida, April 26, 2018 /PRNewswire/ --
MarketNewsUpdates.com News CommentaryThe Internet of Things (IoT) market is set to explode behind advancements of mesh technology, which is aiding developers in creating methods for enhanced connections between multiple devices. According to data from Dallas Startup Week 2018, the global IoT market is set to reach $11 trillion within two years as more than 50 billion devices could be connected in that timeframe. The key concept behind Internet of Things (IoT) meshing is to enable connected things while mesh networking is emerging as an attractive option for a wide range of low-power, low-data-rate IoT applications. As this market continues to explode, innovators are racing to maximize mesh technology to corner their share of the market on the upswing. Active companies in the markets this week include Gopher Protocol Inc. (OTC: GOPH), Pareteum Corporation (NYSE:TEUM), Intel Corporation (NASDAQ: INTC), NVIDIA Corporation (NASDAQ: NVDA), Advanced Micro Devices Inc. (NASDAQ: AMD).
Gopher Protocol Inc. (OTCQB: GOPH) BREAKING NEWS : Gopher Protocol, technology company which specializes in the creation of Internet of Things (IoT), Artificial Intelligence (AI), and enabled mobile technologies, recently completed the first stage of their MESH Technology testing. R&D projects are typically done in three stages:
• Stage A: Includes the industry's current technology, research, and conclusions.
• Stage B: Integrates the new system's definitions which are set in place including architecture, performance, evaluation, and risk mitigation. The new system is simulated and reviewed
for strengths and weaknesses which are identified resulting in a proof-of-concept. The assessment of risks and obstacles create the need for a risk mitigation plan to follow during the design
phase.
• Stage C: The design/implementation phase whereby the system is built as a prototype and testing begins to determine its performance and efficiency within a wide range of conditions.
Gopher has successfully completed its Stage A MESH technology testing, and has moved forward to Stage B. Stage A consisted of a comprehensive analysis of existing industry MESH technologies and their pros/cons and defining Gopher's MESH system, which is based on a new approach and methodology. In this phase we defined our new MESH technology architecture, performance, scalability, and cost of implementation.