Cloud computing is increasingly growing as it is a concept that allows for both information technology infrastructure as well as software to be delivered over the internet. This arrangement allows companies to expand the capacity of their network and run applications directly on a network. This leads to a plethora of benefits, the highest of which being dramatically lower IT costs. Even further, the cloud computing services market could reach $127 billion by 2017, according to Global Industry Analysts, Inc. By offering a more cost efficient, less dangerous, and faster alternative to on-site application developments, cloud computing is transforming the way informational technology works.
Gawk Inc (OTCMKTS:GAWK) is a company that provides multiple cloud services including cloud communications, cloud connectivity, cloud computing, and managed cloud-based applications solutions to all sized businesses. Also, their services are offered both domestically and internationally for voice data applications and such. There are many more services that this company offers, which truly makes it beneficial to any company using Gawk, Inc.’s services. Gawk also works to market and sell its services through distribution partners, sales personnel, and sales representatives. The company started up in 2011 and is based out of Los Angeles, California.
The CEO of the company, Scott Kettle, was a guest on MoneyTV on Friday in order to present to investors and the media that the company is looking to buy data centers throughout the country in order to take full advantage of TCA’s line of credit of $2 million. In addition, Kettle also spoke about the huge client wins Gawk Inc (OTCMKTS:GAWK) has seen in the last few months, including a letter of intent to acquire all assets of Connexum, LLC, which will raise Gawk, Inc.’s annual revenue to approximately $6 million. “Connexum’s strong position in the VoIP sector will nearly triple our revenue, making us a bottom line profitable company,” Kettle said. “We will install our Wireless technology in data centers we plan on purchasing throughout the United States, beginning with Southern California. GAWK’s technology enhances the competitive and economic advantages of using Wireless for the delivery of broadband services to thousands of businesses.” Over the last ninety days, GAWK has seen $0.0036 and has grown 519% to a high of $0.0223.