Mitesco Updates on Centcore Cloud Computing, Dual Strategy
Mitesco Inc (OTC:MITI) has announced significant developments in its Centcore Cloud Computing business unit. The company has expanded its processing environment to include both Microsoft and Linux platforms, offering shared virtual tenancy and dedicated servers. Centcore is also quoting virtual remote backup, including video backup for facility monitoring.
The business unit has shown promising results, generating revenue in Q2 with four initial clients and receiving new client quotes weekly. Centcore offers a guaranteed cost advantage of at least 20% compared to major cloud providers like AWS, Azure, or Google Cloud. The company is focusing on developing a complete line of infrastructure-related applications, available on a pay-per-use basis.
Mitesco is pursuing partnerships with various software application providers, including ESRI, and plans to expand into civil engineering, mechanical design, and structural design applications. The company aims to offer a full suite of integrated applications for design and engineering through a 'desktop' approach, eliminating the need for workstation hardware or licenses.
Mitesco Inc (OTC:MITI) ha annunciato sviluppi significativi nella sua unità di business Centcore Cloud Computing. L'azienda ha ampliato il suo ambiente di elaborazione per includere sia le piattaforme Microsoft che Linux, offrendo affitto virtuale condiviso e server dedicati. Centcore offre anche backup remoto virtuale, inclusi backup video per il monitoraggio delle strutture.
L'unità di business ha mostrato risultati promettenti, generando entrate nel secondo trimestre con quattro clienti iniziali e ricevendo settimanalmente nuove richieste da potenziali clienti. Centcore offre un vantaggio di costo garantito di almeno il 20% rispetto ai principali fornitori di cloud come AWS, Azure o Google Cloud. L'azienda si concentra sullo sviluppo di una linea completa di applicazioni legate all'infrastruttura, disponibili su base pay-per-use.
Mitesco sta cercando partnership con vari fornitori di applicazioni software, tra cui ESRI, e pianifica di espandersi in applicazioni di ingegneria civile, design meccanico e design strutturale. L'azienda mira a offrire una suite completa di applicazioni integrate per design e ingegneria attraverso un approccio 'desktop', eliminando la necessità di hardware o licenze per workstation.
Mitesco Inc (OTC:MITI) ha anunciado desarrollos significativos en su unidad de negocio Centcore Cloud Computing. La compañía ha ampliado su entorno de procesamiento para incluir plataformas tanto de Microsoft como Linux, ofreciendo alojamiento virtual compartido y servidores dedicados. Centcore también está ofreciendo respaldo remoto virtual, incluyendo respaldo de video para la supervisión de instalaciones.
La unidad de negocio ha mostrado resultados prometedores, generando ingresos en el segundo trimestre con cuatro clientes iniciales y recibiendo nuevas citas de clientes semanalmente. Centcore ofrece una ventaja de costo garantizada de al menos el 20% en comparación con proveedores de nube importantes como AWS, Azure o Google Cloud. La compañía se enfoca en desarrollar una línea completa de aplicaciones relacionadas con la infraestructura, disponibles bajo un modelo de pago por uso.
Mitesco está buscando asociaciones con varios proveedores de aplicaciones de software, incluido ESRI, y planea expandirse en aplicaciones de ingeniería civil, diseño mecánico y diseño estructural. La compañía tiene como objetivo ofrecer un conjunto completo de aplicaciones integradas para diseño e ingeniería a través de un enfoque 'escritorio', eliminando la necesidad de hardware o licencias de estaciones de trabajo.
Mitesco Inc (OTC:MITI)은 Centcore Cloud Computing 사업부에서 중요한 발전을 발표했습니다. 회사는 Microsoft와 Linux 플랫폼을 포함하는 처리 환경을 확장하여 공유 가상 임대 및 전용 서버를 제공하고 있습니다. Centcore는 시설 모니터링을 위한 비디오 백업을 포함한 가상 원격 백업도 제안하고 있습니다.
이 사업부는 2분기에 네 개의 초기 고객으로 수익을 창출하며 유망한 결과를 보여주었고, 매주 새로운 고객 요청을 받고 있습니다. Centcore는 AWS, Azure 또는 Google Cloud와 같은 주요 클라우드 제공업체에 비해 최소 20%의 비용 이점을 보장합니다. 회사는 사용량 기반의 완전한 인프라 관련 애플리케이션 라인을 개발하는 데 집중하고 있습니다.
Mitesco는 ESRI를 포함한 다양한 소프트웨어 애플리케이션 제공업체와의 파트너십을 추구하며, 토목 공학, 기계 설계 및 구조 설계 애플리케이션으로 확장할 계획입니다. 회사는 워크스테이션 하드웨어나 라이선스가 필요 없는 '데스크톱' 접근 방식을 통해 설계 및 엔지니어링을 위한 통합 애플리케이션의 전체 제품군을 제공하는 것을 목표로 하고 있습니다.
Mitesco Inc (OTC:MITI) a annoncé des développements significatifs dans son unité d'affaires Centcore Cloud Computing. L'entreprise a élargi son environnement de traitement pour inclure les plateformes Microsoft et Linux, offrant des logements virtuels partagés et des serveurs dédiés. Centcore propose également une sauvegarde distante virtuelle, y compris une sauvegarde vidéo pour le suivi des installations.
L'unité commerciale a montré des résultats prometteurs, générant des revenus au deuxième trimestre avec quatre clients initiaux et recevant de nouvelles demandes de clients chaque semaine. Centcore offre un avantage de coût garanti d'au moins 20% par rapport aux principaux fournisseurs de cloud tels qu'AWS, Azure ou Google Cloud. L'entreprise se concentre sur le développement d'une gamme complète d'applications liées à l'infrastructure, disponibles sur une base de paiement à l'utilisation.
Mitesco recherche des partenariats avec divers fournisseurs d'applications logicielles, y compris ESRI, et prévoit de s'étendre aux applications d'ingénierie civile, de conception mécanique et de conception structurelle. L'entreprise vise à offrir une suite complète d'applications intégrées pour le design et l'ingénierie grâce à une approche 'bureau', éliminant le besoin de matériel ou de licences de station de travail.
Mitesco Inc (OTC:MITI) hat bedeutende Entwicklungen in seiner Geschäftseinheit Centcore Cloud Computing angekündigt. Das Unternehmen hat seine Verarbeitungsumgebung erweitert, um sowohl Microsoft- als auch Linux-Plattformen einzubeziehen und bietet gemeinsam genutzte virtuelle Mietverhältnisse sowie dedizierte Server an. Centcore bietet auch virtuelle Fernsicherung, einschließlich Video-Backups zur Überwachung von Einrichtungen.
Die Geschäftseinheit hat vielversprechende Ergebnisse gezeigt, die im zweiten Quartal Einnahmen mit vier ersten Kunden erwirtschaftete und wöchentlich neue Kundenanfragen erhält. Centcore bietet einen garantierten Kostenvorteil von mindestens 20% im Vergleich zu großen Cloud-Anbietern wie AWS, Azure oder Google Cloud. Das Unternehmen konzentriert sich darauf, eine vollständige Reihe von infrastrukturbezogenen Anwendungen zu entwickeln, die auf einer Nutzungsbasis verfügbar sind.
Mitesco strebt Partnerschaften mit verschiedenen Anbietern von Softwareanwendungen, einschließlich ESRI, an und plant, in Anwendungen für Bauingenieurwesen, mechanische Konstruktion und strukturelles Design zu expandieren. Das Unternehmen zielt darauf ab, ein vollständiges Angebot an integrierten Anwendungen für Design und Ingenieurwesen durch einen 'Desktop'-Ansatz anzubieten, der die Notwendigkeit für Hardware oder Lizenzen für Arbeitsstationen eliminiert.
- Centcore Cloud Computing expanded to include Microsoft and Linux platforms
- Generated revenue in Q2 with four initial clients
- Offers at least 20% cost advantage over major cloud providers
- Plans to develop a complete line of infrastructure-related applications
- Pursuing partnerships with software application providers like ESRI
- Business unit has been in operation for less than a month
- Currently to four clients
VERO BEACH, FL, July 30, 2024 (GLOBE NEWSWIRE) -- Mitesco, Inc. (OTC:MITI, “the Company,” www.mitescoinc.com ) today announced that its Centcore Cloud Computing business unit ( www.centcoreusa.com ) expanded its processing environment to now include both Microsoft and Linux, in a “shared virtual tenancy”, or via dedicated servers. It is also quoting virtual remote backup including video backup for facility monitoring aimed at risk avoidance and law enforcement for a number of dedicated clients.
“We have been in operation less than a month and we have had an exceptional response from the marketplace generating revenue in Q2, starting with four (4) clients and quoting new clients every week. Our dual strategy allows us to offer both “generic” processing aimed at delivering a superior experience for dedicated clients, plus application specific processing. For infrastructure related compute driven applications we have robust configurations that offer the best speeds and response times in the industry,” explained Mack Leath, CEO for Mitesco. He continued “for our new clients we offer a guaranteed cost advantage over AWS, Azure or Google cloud of at least
When asked about the previously announced focus on infrastructure related application software hosting, Mack Leath replied, “We intend to develop a complete line of infrastructure related applications, all available on a “pay-for-only-what-you-need” basis, all from a single login and screen. This supports the need to gather data across multiple sources, both historical and new information that is needed for design, permitting, construction and ongoing maintenance. Many players must have access across to the entire project document set with multiple disciplines participating, with a long-term approach to “lifecycle” document management. There are many excellent software application providers, and we intend to orchestrate a full suite of offerings with the most competitive pricing in the market today.”
The Company recently attended the ESRI International User Group meeting and is in discussion with several users of the ESRI Enterprise Suite about the hosting of their licenses. Other complementary applications being pursued include LIDAR processing, remote sensing and surveying applications. “As we complete the GIS suite, we will move into civil engineering with a focus on environmental and water related applications, then mechanical design and structural design including finite element analysis (FEA), elastic/plastic and solids modeling. We expect a full suite of integrated applications for every design and engineering applications through a “desktop” approach, without the need for workstation hardware or licenses, “explained Leath. Beyond the initial ESRI and GIS service offering, it expects to support Trimble, Autodesk, Ansys, Intergraph/Hexagon, Bentley, PTC and many other formats and integrations within the “digital twin” design approach.
To see how much you can save over your current platform, please send an email to: bvalania@centcomusa.com.
About Centcore, LLC
Centore, LLC ( www.centcoreusa.com ) is a wholly owned business unit of Mitesco, Inc. providing highly secure data center resources and managed services for dedicated applications and custom development. Within its primary site is extensive high-performance computing and storage aimed at data intensive applications. It is growing a library of applications for resale from its users including providers of services and solutions. It can offer specialized computing capabilities within its 25,000 sq. ft. data center, including development platforms for scientific computing, image processing and A.I. oriented systems.
About Vero Technology Ventures
Our new venture arm is looking for scalable solutions using cloud computing for improved productivity, generally aimed at business and government. Infrastructure, engineering, design, analytics, process control are all areas of interest, as well as productivity tools for data center operations. We believe the current and near-term computing resources can be applied to make a significant change in productivity. If you have a need for growth capital and are willing to work in a team environment to grow your business, we should talk! Please drop us a line at; VTV@mitescoinc.com .
About Mitesco, Inc.
Mitesco ( www.mitescoinc.com ) is seeking to build a growth-oriented company, providing products, services and technology to make accessible, higher quality, and more affordable solutions. The Mitesco team has experience in both start-ups and turnarounds intent on building successful growth situations, using both organic and acquisition growth strategies. Mitesco embraces the belief that when consumers' expectations are exceeded, the business’ performance may do so as well.
Contact:
Mitesco Investor Relations
Jimmy Caplan
jimmycaplan@me.com
512.329.9505
Mitesco Media Relations
Rick Eisenberg
eiscom@msn.com
917-691-8934
Forward-Looking Statements
This press release contains forward-looking statements, including, but not limited to, statements related to the expected foreclosure of several of our clinics. Words such as “expects,” “anticipates,” “aims,” “projects,” “intends,” “plans,” “believes,” “estimates,” “seeks,” “assumes,” “may,” “should,” “could,” “would,” “foresees,” “forecasts,” “predicts,” “targets,” “commitments,” and variations of such words and similar expressions are intended to identify such forward-looking statements. We caution you that the foregoing may not include all the forward-looking statements made in this press release.
These forward-looking statements are based on the Company’s current plans, assumptions, beliefs, and expectations. Forward-looking statements are subject to the occurrence of many events outside of the Company’s control. Actual results and the timing of events may differ materially from those contemplated by such forward-looking statements due to numerous factors that involve substantial known and unknown risks and uncertainties. These risks and uncertainties include, among other things, the ability to obtain additional financing; the risk that commenced and threatened litigation may result in material judgments against the Company; and other risks and uncertainties included in the Company’s reports on Forms 10-K, 10-Q, and 8-K and in other filings the Company makes with the Securities and Exchange Commission from time to time, available at www.sec.gov .
FAQ
What new services has Mitesco's Centcore Cloud Computing (MITI) introduced?
How does Centcore's pricing compare to major cloud providers for MITI stock?
What is Mitesco's (MITI) strategy for infrastructure-related applications?
Which software partnerships is Mitesco (MITI) pursuing for Centcore?
