Affluence Corporation (AFFU) is listed on OTC Markets Pink. Incorporated in 2008 Affluence initially operated as a social networking platform. Since 2019 we have refocused the business as a holding company primarily focused on the acquisition and roll-up of synergistic companies providing 5G enhancing infrastructure and technologies, edge computing and innovative cloud solutions.
We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of communication.
Affluence is focused on innovating and scaling our business efficiently and will continue to strategically expand to meet the demands of the growing 5G and edge computing markets.
Transformation in cloud/edge Computing will impact robotics, AI, healthcare, manufacturing, data centres, mobile devices, smart cities, and ‘autonomous things’, creating a wave of innovation that will dramatically improve our lives. These new technologies will bring dramatic performance improvements such as faster speeds, improved data capacity and lower latency. Affluence aims to be at the centre of this transformation.
Our objectives are to:
- be a global leader in edge computing solutions that will power next generation internet
- make it possible for any town or city to be a ‘smart city’ through our intelligent IoT smart city solution builder
- drive sustainable growth
- increase company value with a solid revenue base and continually growing profits.
“86% of networking executives surveyed believe that advanced wireless will transform their organization within three years, and 79% say the same about their industry.”
Source: Deloitte’s Study of Advanced Wireless Adoption 2020
Through acquisition and partnership, our goal is to build a world leading business which brings together edge cloud enhancing technology for the next generation of communication.
Major technology changes are disrupting the traditional networking sector. Current centralised infrastructure is inadequate to provide the resilience and bandwidth needed for the next generation of internet, which needs to be designed for machines. Affluence is working to provide the infrastructure and solutions to power industrial automation or smart cities, healthcare, AI, robotics and more.