Affluence Corporation’s OneMind Technologies Expands Into South America Through Partnership with Globe S.A.

Oak Brook, IL. July 10, 2023 – Affluence Corporation (AFFU.PK) a leader in Smart City Software and Internet of Things (IoT) technology announced today that its wholly owned subsidiary OneMind Technologies has increased its sales presence in South America through its partnership with Globe, S.A., one of the premier value added services, distribution and integrators in South America.

“The partnership with Globe has already started paying dividends,” said Stephane Eyme, Global CEO of OneMind Technologies.  “Globe has included OneMind’s Hypervisor NG into a very large, high profile smart city project in Chile and we were able to recognize revenue from that project in Q2. Of particular note is that this project incorporated the SaaS capabilities of Hypervisor NG.  Our long-term strategy is to have a mix of enterprise software and subscription revenue to build a more predictable revenue stream. We are extremely satisfied with the relationship with Globe, their professionalism and reach in South America is what makes them the top integrator in the geography. We have been working with Globe since October and have found that there is pent up demand throughout South America to centralize and manage data from multiple sub-systems such as traffic, parking, smart traffic lights, GPS positioning of busses and first responders, air quality, waste collection, water systems, CCTV and license plate recognition in a single panel view in all major metropolitan areas of this geography.    We are looking forward to continued growth in the partnership and have multiple joint opportunities in our pipeline,” said Eyme.

“Incorporating OneMind’s Hypervisor NG in our portfolio will allow us to compete and implement projects with a “Best-In-Class” solution that enables a comprehensive vision which enables more efficient management and holistic intelligence so users can process and act on information from different systems and data sources, something that has been lacking up until now,” said Jaime Godoy, CEO of Globe.


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