Welcome to our dedicated page for IIOT-OXYS news (Ticker: ITOX), a resource for investors and traders seeking the latest updates and insights on IIOT-OXYS stock.
IIOT-OXYS, Inc. specializes in developing and marketing engineered products, software, and services for industrial internet applications. Based in Cambridge, Massachusetts, the company focuses on creating hardware, software, and algorithms for monitoring and predicting conditions in various sectors such as energy, structural, agricultural, and medical applications.
Recently, IIOT-OXYS, Inc. completed a successful Proof of Concept (POC) and secured a Software as a Service (SaaS) contract with a Northeast CNC Component Manufacturer. The company's IIoT data collection, Predictive Analytics, and proprietary AI & Machine Learning algorithms significantly improved productivity and reduced downtime for the manufacturing partner. With a strong focus on Industry 4.0, IIOT-OXYS, Inc. is poised for further growth and expansion in various manufacturing verticals, driving revenue and customer satisfaction.
IIOT-OXYS, Inc. (OTC PINK:ITOX) reports growth in its Structural Health Monitoring (SHM) business, with revenues for Q2 2022 expected to surpass all of 2021, driven by a contract extension from a state Department of Transportation. CEO Cliff Emmons noted proposals for hardware upgrades that could restore pre-pandemic revenue levels. Additionally, partnerships are gaining global recognition, supported by significant US infrastructure funding. The SHM market is projected to grow from $2 billion to $4 billion by 2027, indicating strong potential for IIOT-OXYS.
IIOT-OXYS, Inc. (OTC PINK:ITOX) has signed a Non-Disclosure Agreement (NDA) with a European smart automation start-up, marking the initial phase of a strategic partnership aimed at leveraging advanced AI and Machine Learning technologies. The partnership seeks to facilitate the start-up's expansion in the U.S. market and is expected to include a Letter of Intent addressing potential revenue and profit-sharing models. The global market for Inspection, Repair, and Maintenance is projected to grow significantly, indicating potential opportunities for IIOT-OXYS in this sector.
IIOT-OXYS Inc. (OTC PINK:ITOX) is positioning itself in the $65 billion global smart manufacturing market, targeting a projected CAGR of 20.6% to reach $165.5 billion by 2026. CEO Cliff Emmons highlighted a new technology partnership that leverages decades of expertise in automation and robust product innovation. This collaboration aims to optimize process efficiency through advanced sensing technology. The comprehensive interview detailing these strategies can be viewed here.
IIOT-OXYS, Inc. (OTC PINK: ITOX) announced a Collaborative Agreement with Aretas Sensor Networks Inc. to support a six-figure order of Indoor Air Quality (IAQ) sensors. This partnership aims to enhance growth through shared business and technological opportunities, including AI and machine learning development. The IAQ market is projected to grow from $3 billion in 2020 to $5.5 billion by 2026, indicating strong potential for both companies. CEO Cliff Emmons highlighted this collaboration as a significant step towards rapid growth and new business ventures.
IIOT-OXYS, Inc. (OTC PINK: ITOX) has signed a Non-Disclosure Agreement with a renowned EU-based Electrical Technology OEM, marking a strategic partnership step. The OEM specializes in electrical components for automation and possesses advanced power sensing technology suited for AI and Machine Learning in Smart Manufacturing. The global Industry 4.0 market is projected to grow to $165.5 billion by 2026, emphasizing the potential for IIOT-OXYS to leverage this partnership to enhance its offerings in Biotech, Pharma, and Medical Device sectors.
IIOT-OXYS, Inc. (OTC PINK:ITOX) announces a new interview featuring CEO Cliff Emmons and Aingura IIoT's CTO Dr. Javier Diaz, discussing their collaboration in the $2 billion structural health monitoring market. The partnership recently secured a contract extension for a bridge monitoring project, utilizing AI and machine learning for structural integrity assessments. Emmons notes the significant opportunity created by the Biden Administration's infrastructure bill, which allocates $26.5 billion for bridge upgrades, enhancing expansion potential across various sectors, including energy and manufacturing.
IIOT-OXYS, Inc. (OTC PINK:ITOX) has secured a contract extension from a northeastern state’s Department of Transportation (DOT) for ongoing bridge monitoring.
CEO Cliff Emmons highlighted that this extension validates the value of their monitoring systems and strengthens their partnership with Aingura IIoT, S.L.
With the recent $1 trillion infrastructure bill allocating funds for bridge upgrades, the Structural Health Monitoring market is expected to reach $4 billion USD by 2027, growing at a 14.6% CAGR.
IIOT-OXYS, Inc. (OTC PINK:ITOX) has signed a Non-Disclosure Agreement (NDA) with Aretas Sensor Networks Inc., marking a strategic partnership focused on Indoor Air Quality (IAQ) solutions. This agreement aims to expand IIOT-OXYS's U.S. sales within the rapidly growing IAQ market, projected to reach $5.5 billion by 2026.
Aretas has already deployed 1,000 sensors in California schools and is exploring revenue-sharing models with IIOT-OXYS. The partnership is expected to facilitate swift negotiations and leverage combined strengths for securing new business opportunities.
IIOT-OXYS, Inc. (OTC PINK:ITOX) CEO Cliff Emmons announced a new interview focusing on the company's expansion strategy, including a recently signed Non-Disclosure Agreement (NDA) with a European Equipment-as-a-Service start-up. Emmons highlighted the lucrative potential within the medical device segment of the multi-billion-dollar Eaas market. The interview also discusses broader strategies for market expansion and the application of advanced AI and machine learning algorithms. For further insights, the full interview is available on YouTube.
IIOT-OXYS Inc. (OTC PINK:ITOX) has signed a Non-Disclosure Agreement (NDA) with a European medical device Equipment-as-a-Service (EaaS) start-up. This partnership aims to integrate IIOT-OXYS's advanced AI and machine learning capabilities into the start-up's EaaS offerings, supporting entry into the U.S. medical device market, especially in Boston. The global EaaS market is projected to grow from $22 billion in 2019 to $131 billion by 2025, with a compound annual growth rate (CAGR) of 35%. This NDA marks the beginning of a strategic engagement expected to fuel future revenue growth.
FAQ
What is the current stock price of IIOT-OXYS (ITOX)?
What is the market cap of IIOT-OXYS (ITOX)?
What does IIOT-OXYS, Inc. focus on?
Where is IIOT-OXYS, Inc. based?
What recent achievement did IIOT-OXYS, Inc. announce?
What technologies does IIOT-OXYS, Inc. utilize?
What is the focus of Industry 4.0 for IIOT-OXYS, Inc.?
