Software development and mobile solutions company Consorteum Holdings (OTC: CSRH) recently said that its wholly owned subsidiary, 359 Mobile Inc., entered an exclusive joint business agreement with DevLex Ltd. to bring real-time analytic solutions and support to 359’s Universal Mobile Interface (“UMI”) platform. An article discussing the company reads: “Applying predictive analytic data to gain a foothold over the competition applies not just to the sports arena, but to nearly every other industry as companies seek an advantage in their specific sectors. A new report by Zion Market Research forecasts the global predictive analytics market at nearly $11 billion by 2022, growing at a CAGR of 21 percent between 2016 and 2022 (http://nnw.fm/5zEYm). Big data analytics are being adopted for use by at least 53 percent of all large corporations. Telecom and financial services companies are leading the pack with 87 percent and 76 percent currently reporting usage, respectively, according to an article in Forbes (http://nnw.fm/yEAH8). … From the boardroom to the locker room and beyond, Consorteum Holdings and 359 Mobile Inc. apply cutting edge solutions across multiple business verticals. 359’s “clear pedigree in complex mobile business solutions and the integration into the UMI framework is an exciting collaboration not only to see analytics-based mobile solutions being released but the obvious monetization routes that the alliance will offer both companies,” DevLex founder Ian Copeland said in praising the new joint business agreement.”
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About Consorteum Holdings, Inc.
Consorteum Holdings, Inc. is a mobile platform company focused on delivering compliant complex mobile-based transactions through a mix of partnerships, license agreements, and joint venture revenue share arrangements. The company is focused on FinTech, otherwise known as next-generation financial technology. Consorteum aims to capitalize on the broad variety of technological interventions into personal and commercial transactions by focusing its efforts and resources where it can leverage its expertise in direct and vertical based solutions. For more information, visit the company’s website at www.Consorteum.com.
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