Tag: OneMind Technologies

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Affluence Corporation to Acquire Mingothings SLU

12/23/2024

Strategic acquisition to strengthen OneMind Technologies and expand market reach.

Oak Brook, IL. December 23, 2024 – Affluence Corporation, (OTC Pink: AFFU), a Smart City Software and Internet of Things (IoT) technology company, today announced that it has reached an agreement to acquire Mingothings SLU (“MTI”), a specialist in integrated IoT solutions and data analytics for smart cities and connected industries. The two companies have executed a Binding Letter of Intent whereby MTI shareholders will exchange their ownership interest for equity of Affluence Corporation. The companies are working diligently towards closing, anticipated in the first quarter of 2025.

OneMind Technologies (“OMT”) a wholly owned subsidiary of AFFU, utilizes the proprietary OneMindNG platform to integrate key data from disparate systems into a single dashboard, or Hypervisor, and harnesses the power of Artificial Intelligence to revolutionize how businesses interact with data and make decisions. By integrating cutting-edge predictive and prescriptive analytics into OneMindNG, we empower organizations to not only anticipate future outcomes but also receive actionable guidance tailored to their needs. Our AI-driven approach ensures smarter decision-making, operational efficiency and enhanced user experiences. MTI provides the software and services that enable rapid connection to its IOT platform, of all relevant devices and IoT sensors thereby enabling faster and more cost-effective implementation and deployment.

According to Fortune Business Insights, the Smart City and Connected Industries IoT market is projected to grow from $768 billion in 2024 to over $4.6 trillion by 2032, a CAGR of 25.2% during the forecast period. We believe that our newly combined and enhanced product offering, including engineering and integration services, will ensure a streamlined customer experience and allow us to pursue larger deal opportunities within our target markets.

“This is the first step in our planned acquisition strategy to grow Affluence. On a combined basis we believe these companies will deliver in excess of $4 million in revenue in 2025, have EBITDA margins exceeding 10% which will then scale from cost synergies and accelerated growth, and be solidly cash flow positive. MTI brings a large installed base to complement the OneMindNG base enabling greater access to a growing network of world-class partners, resellers and distributors. We are excited for the increased growth potential brought to us through the expanded market reach,” said James E Honan, Jr., CEO of Affluence Corporation.

“We believe that this solidifies our existing partnership and will maximize the potential of both OMT and MTI, facilitate growth through future acquisitions and establish us as a leader in the global Smart City and Connected Industries market. I look forward to the many benefits this partnership will bring for our clients and global partners,” said Thierry Scozzesi, Chief Commercial Officer of OneMind Technologies.

“Combining with Affluence brings exciting new opportunities to push the boundaries of IoT technology in partnership with OMT” said Francesc Domingo, CEO of MTI. “We have a shared vision to expand the frontiers of what is possible in IoT and smart city innovation, bringing new levels of efficiency, safety, and sustainability to the market.”

 

About Affluence Corporation

Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city and industry software and innovative solutions that capitalize on IoT, AI, 5G and edge technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to https://affucorp.com.

About OneMind Technologies SL

OneMind Technologies (“OMT”), based in Barcelona, Spain, is a recognized provider of IoT, Smart City, and Security Command and Control solutions. With its innovative OneMindNG platform, OMT enables cities and industries to optimize operations, enhance public safety, and support sustainable development. https://onemindng.com/

About Mingothings SLU

Mingothings SLU (“MTI”) is a trusted specialist in integrated IoT solutions and data analytics for smart cities and connected industries. With expertise in real-time data processing, sensor integration, and adaptable IoT platforms, MTI provides innovative solutions designed to maximize efficiency, sustainability, and operational performance in diverse IoT applications. https://www.mingothings.com/

For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, the failure to consummate the proposed acquisition, the failure to retain management and/or key employees of the target company, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.

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Affluence Corporation Announces Intent to Acquire Multiple IoT Technology and Integration Services Companies

04/09/2024

Strategic acquisitions strengthen OneMind Technologies and expands market reach.

Oak Brook, IL. April 9, 2024 – Affluence Corporation, a leader in Smart City Software and Internet of Things (IoT) technology, today announced that it has reached an agreement to acquire three IoT technology companies and, along with OneMind Technologies, will form a new company named Digibriks. The proposed acquisition includes companies with complementary software products, engineering, integration, and implementation services capabilities. Affluence has executed Letters of Intent with all three companies, and upon completion, Digibriks will become a wholly owned subsidiary of Affluence, giving OneMind Technologies an end-to-end solution and entry into Telecom, Manufacturing as well as expanding its footprint into the Smart City markets. Affluence is under NDA with all three companies, and the acquired companies will be identified via press release upon completion of the definitive acquisition documents.

“This proposed acquisition is a continuation of our strategic plan to significantly grow Affluence in 2024. The proposed acquisition achieves multiple goals for Affluence,” said James E Honan, Jr., CEO of Affluence Corporation. “First and foremost, this acquisition will add to top-line revenue as well as positive earnings and cash flow. In 2023, the combination of these three companies recorded approximately $5 million in revenue and over $1 million in EBITDA. Secondly, we will have an improved technology platform integrating Digibriks’ connectivity solutions, IIOT platforms, and digital twin technologies with OneMind, giving Affluence a dominant product in multiple industries. Third, this acquisition will give access to a large installed base for the new OneMind product, greater access to a growing network of a world-class partner ecosystem, and a large reseller and distributor network. In addition, we will take advantage of the economies of scale with a more efficient operating cost structure for all four companies.”

The proposed acquisition will strengthen OneMind Technologies’ Hypervisor NG product and enable the product to manage devices and networks, connect to Industrial systems and standards, and streamline the operations and maintenance cycles of industrial projects. The merged solutions will also expand the company’s integration capabilities beyond The Smart City space to develop new Telecom and Manufacturing opportunities.

Upon completion of the definitive acquisition documents, Affluence will identify the three merged companies in a formal press release. The first of the merged companies specializes in crafting valuable ecosystems through a combination of robust IoT software and networking solutions. The companies are experts in interconnected systems, solution development, and network optimization through a blend of cutting-edge software, integration capabilities, and consulting services. One company provides definitive expertise in project completion, specializing in adaptation design and installation of technology initiatives focusing on smart systems, specifically in the Mobility, Telecom, and Manufacturing sectors. Their unique approach combines deep technical expertise with a client-centric focus to transform complex technology into user-friendly solutions. The third company develops a suite of software products for intelligent IoT platforms. Their software suite includes intelligent device monitoring, intelligent operations centers, and, most importantly, cyber security operations centers. The integration of these technologies with OneMind will be unmatched in the marketplace. All three companies are generating revenue and are cash flow positive.

“Affluence is looking forward to working with all of the principals of the merged companies as we continue to build a world-class software and services organization,” continued Honan. “We are excited for the opportunity to take OneMind into more lucrative markets while establishing a complementary partner ecosystem with an installed base to upgrade to Hypervisor NG. In addition, because of our new ability to offer engineering and integration services, we can take a larger piece of the opportunities we win, ensuring a streamlined customer experience.”

“In addition, Affluence Corporation would like to provide an update on the acquisitions of Durham Black and Contrivian,” said Honan. “All of the involved parties have mutually agreed to extend the due diligence period and extend the timeframe of the Letter of Intent agreements. We had successful and substantive meetings in Chicago last week with both companies, and we should have definitive merger documents for both companies within the next few weeks.”

About Affluence Corporation Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city and industry software and innovative solutions that capitalize on IoT, AI, 5G and edge technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to https://affucorp.com.

About OneMind Technologies SL OneMind Technologies SL based in Barcelona Spain is a wholly owned subsidiary of Affluence Corporation. The OneMindNG intelligent IoT solution builder is used to create applications for smart city and smart industries operations. Functioning as systems of systems, OneMindNG platform connects data sources to one single point of insight to provide real-time information on operational processes. It is a key component in the Smart City and enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions. For more information go to https://www.onemindng.com.

For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.

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Affluence Corporation Partners with Durham Black to Position the Company for Growth

12/20/2023

OAK BROOK, IL / ACCESSWIRE / December 20, 2023 / Affluence Corporation (OTC PINK:AFFU), a leader in Smart City Software and Internet of Things (IoT) technology, today announced it has partnered with strategic advisory firm Durham Black to execute a two-pronged growth strategy that will unlock new markets for its wholly owned subsidiary, OneMind Technologies, while adding increased value through new acquisitions thereby establishing Affluence as a global leader in solutions that power both smart industries and next generation Internet.

“In order to maximize the potential of Affluence, we need to grow both organically and through acquisitions, and the Durham Black team has a proven track record achieving both,” said James E Honan, Jr., CEO of Affluence Corporation. “Our board of directors has tasked us to develop a plan to significantly grow the company in 2024, and Durham Black is the ideal partner for Affluence as we enter our next growth stage.”

“This is an exciting time for Affluence, and we are confident that Durham Black’s proven track record of business building, will help Affluence achieve its growth objectives,” said Patrick Shutt, Managing Director of Durham Black. “The success that Affluence has achieved with OneMind to date is foundational for its successful move into new markets. We see other potential avenues for growth and look forward to working with the Affluence management team to deliver results from both organic and acquisition initiatives.”

The initial diligence with Durham Black has solidified a strategy to expand OneMind Technologies into other synergistic markets. OneMind’s Smart System Orchestrator has achieved success in enabling Smart Cities. The same platform that brings intelligence by sharing information across systems to improve decision making and operational performance for Smart Cities has tremendous potential in Big Data, Telecom, Autonomous Things, and other markets where users need to unify and interpret data from multiple sources and disparate systems.

“I’m extremely impressed with the Durham Black work product and the team advising us,” continued Honan. “With decades of driving value in deals, the Durham Black team is already playing a vital role in mapping out an acquisition plan for Affluence to add three to four high quality companies over the next twelve months that they believe are positioned to grow meaningfully and deliver lasting value. We look forward to this partnership and the many benefits it will yield for our subsidiaries, global partners, and shareholders.”

About Affluence Corporation

Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city and industry software and innovative solutions that capitalize on IoT, AI and 5G technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to https://affucorp.com.

About Durham Black LLC

Durham Black is a strategic advisory firm focused on empowering technology business leaders to reach their full value potential by providing customized advisory services that fill the gaps in value creation. Durham Black offers advisory services focused on three fundamental areas: Corporate Structure, Growth Execution and Operational Excellence, catering to both startups and mature Network, SaaS, and Managed Service Providers. For more information go to https://www.durham-black.com.

About OneMind Technologies SL

OneMind Technologies SL based in Barcelona Spain is a wholly owned subsidiary of Affluence Corporation. The OneMindNG intelligent IoT solution builder is used to create applications for smart city and smart industries operations. Functioning as systems of systems, OneMindNG platform connects data sources to one single point of insight to provide real-time information on operational processes. It is a key component in the Smart City and enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions. For more information go to https://www.onemindng.com.

For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.

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Affluence Corporation’s OneMind Technologies Along with Orange Business Services Participates in Formal Signing Ceremony for the King Abdullah Financial District Project

09/13/2023

Oak Brook, Illinois: OneMind Technologies, a wholly owned subsidiary of Affluence Corporation (AFFU OTC)) and Orange Business Services (ORAN NYSE) attended a formal signing ceremony for the first phase of the King Abdullah Financial District (KAFD) Project. The agreement was signed on Sept. 4 at a formal ceremony hosted by KAFD, which was attended by more than 50 guests. In attendance were Gautam Sashittal, CEO of KAFD DMC, Sahem Azzam, senior vice president of Middle East, Africa, and Turkey of Orange Business and Stephane Eyme Global CEO of OneMind Technologies.

King Abdullah Financial District Development & Management Co. chose Orange Business, to design, build and run an advanced smart city platform that will seamlessly integrate with KAFD’s existing digital infrastructure utilizing OneMindNG Technologies’ Hypervisor as the key component of the platform. This strategic partnership aims to incorporate advanced technologies including artificial intelligence and data analytics into the existing platform, enhancing the smart city experience within the area, known as Saudi Arabia’s premier business district.

“The development of KAFD’s digital infrastructure aligns with Saudi Arabia’s Vision 2030, as the Kingdom strives to enhance livability and competitiveness within its business districts.” Gautam Sashittal, CEO of KAFD DMC, said: “The increasing wave of urbanization across the world is set to uncover a $517 billion market for smart city solutions with an annual growth rate of 25 percent, a fact that plays into KAFD’s objectives of building a future-proof and business-friendly hub in Riyadh.”   He added: “A major step in that direction, our partnership with Orange Business will further strengthen our drive to become a global pioneer in smart urban development.”

Under the new agreement, Orange Business will deliver a range of services to KAFD, including the Orange Smart City Platform, capable of managing big data, data analytics encompassing descriptive, predictive, and prescriptive analytics, and governance. “The commissioning of the Smart City Platform is a clear signal of our commitment to elevate what is already a world-class district to the next level of smart city evolution – what we call the cognitive city,” said Sahem Azzam, senior vice president of Middle East, Africa, and Turkey for Orange Business.  He added: “This is driven by the collection of data and leveraging AI and data analytics to provide deeper user insights as a basis for new use cases, revenue streams, and innovative services for the city’s population. It will also optimize city operations – making them better, faster, and safer.”

“This is a tremendous long-term opportunity for OneMind and solidifies our position as the technology leader in the Smart City Software market,” said Stephane Eyme, Global CEO of OneMind Technologies.  “The KAFD project is the largest and most significant smart city project in the world and the entire Smart City market is watching this and taking note.  This is our largest win to date and again the architecture and flexibility of our product to ingest any type of data were instrumental to award us during this very competitive tender process against first tier companies. In the Smart City market and the Big Data market there are multiple systems that require data inputs from a myriad of sources, what makes our product superior is that we seamlessly integrate all disparate data sources giving the customer a unified view allowing them to utilize their existing infrastructure.  In contrast our competitors can only work within their own proprietary data sources.  This is the second large opportunity won through Orange Business with our product being one of the key elements.  As a premier technology awarded Best Partner MEA last year by Orange Business, we are extremely happy with the partnership and look forward to continued growth and opportunities within KAFD and throughout the Orange Business customer base,” continued Eyme.

About Affluence Corporation

Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city software and innovative solutions that capitalize on IoT, AI and 5G technologies.  We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to  https://affucorp.com

About OneMind Technologies SL

OneMind Technologies SL is a wholly owned subsidiary of Affluence Corporation.  The OneMind Intelligent IoT solution builder is used to create applications for smart construction and smart city operations.  Functioning as systems of systems, OneMind connects data sources to one single point of insight to provide real-time information on operational processes.  It is a key component in the enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions.  The OneMind Smart City solution is deployed in Barcelona, San Francisco, Guadalajara, Oslo and many other cities throughout the world.  For more information go to  https://www.onemindtechnologies.com

For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence

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Affluence Corporation’s OneMind Technologies Announces Break Through Product to Deter Carjackings

07/21/2022

OAK BROOK, IL / ACCESSWIRE / July 21, 2022 / Affluence Corporation (OTC PINK:AFFU) a leader in Smart City Software and Internet of Things (IoT) technologies announced today that its OneMind Technologies wholly owned subsidiary has developed Hypervisor SVI a real-time detection product to help police departments to respond to carjackings and vehicle thefts. The OneMind Hypervisor SVI product integrates systems for License Plate Recognition, Record Management, Vehicle Registration, Facial Recognition and Computer Aided Dispatch to monitor vehicle license plates and compares it with stolen vehicles. When a positive match is detected, OneMind triggers in real-time an alert to the operator, provides information about the vehicle from the Registration System and sends an action dispatch to the closest available police patrol to stop and identify the driver through facial recognition software. The product has currently passed several live evaluations and the first purchase order is expected within the next 60 days.

“This is a breakthrough product that addresses a serious problem that has been plaguing all cities,” said James E Honan, Jr., CEO of Affluence Corporation. “There is nothing on the market today that comes close to addressing this serious problem in real-time. Hypervisor SVI finally gives the police an effective tool that will enhance their ability to catch the offenders and provide a deterrence for future incidents. Hypervisor SVI has been tested by multiple municipalities with great success and we expect our initial purchase order within the next 60 days,” said Honan.

“Hypervisor SVI showcases the power of the OneMind architecture,” said Stephane Eyme President of OneMind Technologies. Hypervisor SVI seamlessly connects all of the disparate systems such as the license plate database, vehicle registration and records management and enables the police to detect, monitor, investigate and dispatch the closest available resources. In addition, together with our facial recognition partner, Hypervisor SVI will have the ability to identify the offenders. Hypervisor SVI generates actionable information in real-time to fight crime. It also improves intelligence and security for the police, fosters cross-departmental cooperation, enhances operational efficiency, and reduces the serious crime rate by denying the means to commit them. This also provides an overall improved sense of security for citizens. OneMind Technologies is very flexible and innovative and I am proud of our development team who were able to identify a use case and bring that product to market in a timely fashion,” said Eyme.

About Affluence Corporation

Affluence Corporation (AFFU.PK) is a diversified technology company focused on smart city software and innovative cloud solutions that capitalize on IoT, AI and 5G technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to https://affucorp.com

About OneMind Technologies SL

OneMind Technologies SL is a wholly owned subsidiary of Affluence Corporation. The OneMind Intelligent IoT solution builder is used to create applications for smart construction and smart city operations. Functioning as systems of systems, OneMind connects data sources to one single point of insight to provide real-time information on operational processes. It is a key component in the enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions. The OneMind Smart City solution is deployed in Barcelona, San Francisco, Guadalajara, Oslo and many other cities throughout the world. For more information go to https://www.onemindtechnologies.com

For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.

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Affluence Corporation’s OneMind Technologies Announces Enhanced Smart City Software Product

03/14/2022

OAK BROOK, IL / ACCESSWIRE / March 14, 2022 / Affluence Corporation (OTC PINK:AFFU) and its subsidiary OneMind Technologies SL announced today the release of the new version of the hypervisor platform named OneMind New Generation (NG). The technical evolution of the platform is a cornerstone in the OneMind’s development, allowing the company to embrace advanced technologies to better serve its clients and ensuring faster growth.

“Our goal is to make OneMind Technologies the industry standard in the Smart City Software market and the NG Platform broadens our reach and will enable us to continue our string of impressive Smart City project wins,” said Stephane Eyme, CEO of OneMind Technologies.

The OneMind NG platform is fully multi-tenant and can be deployed seamlessly on the cloud, on premises or in a hybrid environment. It is based on a powerful low code ETL (Extract, Transform, Load) engine and has completely rule based access control. The new technology architecture also presents a fully configurable user interface enabling the platform to be adjusted to user requirements without any coding and a personalized experience specific to the user’s preference (language, icons, colors, menus, views…).

The platform’s historical mode is also unique in that it allows users to quickly and easily make time-based analysis of events which improves their decision-making process. It also features a modular and plug-in architecture allowing users to run their own analytics algorithms and evolve or change them as required.

The OneMind NG architecture also brings scalability and accessibility through use of nodes and clusters, as well as resilience and the ability to self-correct with auto placement, auto restart, and auto replication features.

“These enhanced characteristics will allow OneMind Technologies to grow exponentially in the SaaS area, offering a light, flexible and powerful product that is fully configurable to fit todays’ use case and business model requirements. We are excited to bring this new and improved platform to market and generate more value for our clients” said Eyme.

About Affluence Corporation

Affluence Corporation (AFFU.PK) is a diversified technology company focused on edge computing and innovative cloud solutions that capitalize on IoT, AI and 5G technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. https://affucorp.com

About OneMind Technologies SL

OneMind Technologies SL is a wholly owned subsidiary of Affluence Corporation. The OneMind Intelligent IoT solution builder is used to create applications for smart construction and smart city operations. Functioning as systems of systems, OneMind connects data sources to one single point of insight to provide real-time information on operational processes. It is a key component in the enterprise solutions currently being offered by several Fortune 50 companies that resell, distribute, and integrate smart city enterprise solutions. The OneMind Smart City solution is deployed in Barcelona, San Francisco, Guadalajara, Oslo and many other cities throughout the world. For more information go to https://www.onemindtechnologies.com

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, availability and the cost of capital, success of growth initiatives, limited operating history and other factors discussed in our filings with the Securities and Exchange Commissions. Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Affluence Corporation.

For further information contact Affluence Corporation Investor Relations at +1 720-295-6409.

 

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OneMind selected as preferred Hypervisor for Dell Digital Cities Solutions

02/09/2022

Affluence Corporation subsidiary OneMind Technologies SL has signed a partnership agreement with Dell Technologies (DELL) confirming OneMind as the preferred Hypervisor for Dell Digital Cities Solution worldwide.

OneMind Technologies are specialists in hypervisors for smart cities and smart industries. They are partnering with DELL on the implementation of Command and Control Centers in cities and the transition to intelligent industries. The partnership has also led to the OneMind solution being implemented in the Dell Technologies DiCi Labs showroom in Singapore.

Stéphane Eyme, CEO of One Mind Technologies said “we are delighted to partner with DELL and are already working together on a substantial smart city project in the middle east region. Their trust and confidence in our platform is testament to the added value we provide to DELL and its clients and solidifies our position as a market leader.”