Spooz Inc. (OTC:SPZI) Stock Gains Momentum: Here is Why

As the trading week comes to a close, many of the companies that had been in the news on Thursday will be in focus among investors, and one of those could well be Spooz Inc. (OTC:SPZI), now known as JP 3E Holdings Inc. Yesterday, the company announced that it had inked a strategic alliance with the pioneering technology company Archeo Futurus, Inc.

In the news release, it was revealed that the strategic alliance would help both companies become major players in the infrastructure development space related to bringing about revolutionary changes to data centers located in seven regions of the United States. In the news release, it was revealed that the technology would be initially deployed in Kokomo, Indiana, and New York. The path-breaking agreement would look to combine the proprietary serverless cloud-native technology of Archeo Futurus with the upcoming data centers of Spooz.

In this context, it ought to be pointed out that, as per estimates from Statista, a worldwide data and business intelligence organization, the revenues generated from the data center market are expected to hit $99.16 billion in 2024. Most of those revenues would be generated in the United States. The advanced serverless cloud technology from Archeo Futurus had been developed for the purpose of boosting scalability, performance, and efficiency for data processing and management.

The patented technology would also help with better scaling, reduce operational costs, and make the data centers more environmentally sustainable by cutting down on energy consumption. It should also be noted that Spooz is well known for its infrastructure projects and boasts a strong track record on that front. The company stated that the strategic alliance also presented a major new opportunity for investors since there was a possibility of higher growth, innovation, and the development of a strong foothold in the fast-growing cloud computing space.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.