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CloudCommerce’s AI-driven SWARM Platform Onboards New Clients Across Multiple Industries

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CloudCommerce has announced the onboarding of new clients for its AI-driven SWARM platform across diverse industries, including mortgage lending, solar panel installations, and heavy equipment rental. CEO Andrew Van Noy highlighted that this initiative represents a significant real-world test, aiming to reduce advertising campaign costs by up to 50%. He emphasized the platform's capability to outperform human analysis in crafting targeted digital marketing campaigns. The company's focus on advanced data science and behavior analytics aims to optimize audience engagement.

Positive
  • Onboarding new clients across diverse industries increases market reach.
  • Aim to reduce advertising costs by up to 50% demonstrates potential for improved profitability.
  • SWARM platform has exceeded expectations with previous clients, indicating strong performance.
Negative
  • The current onboarding represents an untested scenario under similar economic conditions, creating uncertainty about outcomes.

New clients putting the Company’s AI-driven SWARM platform to a real-world test represent such diverse industries as mortgage lending, solar panel installations and heavy equipment rental.

SAN ANTONIO, March 30, 2021 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that its AI-driven SWARM platform is onboarding new clients across multiple industries, such as mortgage lending, solar panel installations and heavy equipment rental.

“We shall soon see if SWARM has met its match,” said Andrew Van Noy, CEO of CloudCommerce. “During the last six months, our AI-driven SWARM platform has exceeded expectations for every single new client. However, we have never onboarded a diverse group of businesses at the same time under the same economic conditions. This will be an important test for SWARM. Our goal is to potentially reduce the cost of each test advertising campaign by as much as 50%.”

“Based on our past experience, we expect SWARM to win each and every battle,” Mr. Van Noy continued. “Machines are simply smarter than humans. 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.”

Mr. Van Noy concluded, “I am reminded of the great human vs. computer battles. In the early tournaments, humans won more games. However, computer programs have been able to beat the best human chess players ever since IBM's Deep Blue supercomputer defeated Gary Kasparov on May 12, 1997. Why should it be any different in the world of digital advertising? The diverse factors that determine a successful advertising campaign outcome are more than can be comprehended or even analyzed by the human mind. We expect our AI-driven SWARM platform to win every single time it is deployed.”

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

About CloudCommerce

CloudCommerce is a leading 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) 673-0927
communications@cloudcommerce.com


FAQ

What industries are using CloudCommerce's SWARM platform?

New clients of CloudCommerce's SWARM platform are from mortgage lending, solar panel installations, and heavy equipment rental.

What does the SWARM platform aim to achieve for advertising campaigns?

The SWARM platform aims to reduce the cost of advertising campaigns by as much as 50%.

What does the CEO say about the performance of the SWARM platform?

CEO Andrew Van Noy states that the SWARM platform has exceeded expectations and expects it to win every advertising battle.

What are the risks associated with CloudCommerce's new client onboarding?

The onboarding of diverse clients under similar economic conditions poses risks, as it is a significant test for the SWARM platform.

What is the stock symbol for CloudCommerce?

The stock symbol for CloudCommerce is CLWD.

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