Thursday Nasdaq Profile (ANY) Follow-Up Update
ANY could be on the verge of going full breakout mode.
Up approximately 15% at this moment, ANY has started surging this morning as it has already hit a high of $2.63.
From yesterday's open, it has made an approximate run of $.50+ and more could be on the way due to potential volatility from its low float.
Take a second now to get this profile on your radar and to check out my initial report below.
Listen. The markets are open so there is no time to waste.
On Monday, I brought you a profile that shot from an open of $.30 to a high of $.379 for a strong 26% run.
Now, it's time to strap in and pay close attention to a new breakout idea that could be set for liftoff.
Why? Because this profile has a history of making multi-dollar moves in the short term over the past year.
Could we see the next potential surge for this profile start today?
Without further ado, there is only one Nasdaq profile to have firmly planted in the middle of your screen today:
Sphere 3D Corp. (Nasdaq: ANY)
Sphere 3D Corp. delivers containerization, virtualization, and data management solutions via hybrid cloud, cloud and on-premise implementations through its global reseller network and professional services organization. Sphere 3D has a portfolio of brands, including HVE ConneXions, UCX ConneXions, and SnapServer® dedicated to helping customers achieve their IT goals.
IT: A Major Business Opportunity
According to the "IT Services Market" report, there could be a huge growth potential in the IT industry.
The Global IT Services Market size is expected to reach $1.12Tn by 2026, growing at a CAGR of 8.02% during 2021-2026.
The growing popularity of cloud based software and rising concerns of the need to automate business processes are continuously increasing the demand for IT services worldwide.
Furthermore, the emerging big data technology and rising number of connected devices across enterprises are increasing the demand for IT service management and information security management platforms.
Here's where Sphere 3D Corp. comes in...
Let’s just stop for a moment and consider a world where you were no longer restricted by the particular “device” you chose to use. Whether it was an android device, or any other smart phone, a tablet, a PC, a Mac, a TV, whatever.
Think about it!
A world where, with any one of those devices, you could access your favorite app, website or software, and use it the way it was intended to be used, in its “native form”, even if it was designed for an opposing platform. And access it from pretty well anywhere on the planet, at anytime, 24/7, 365.
Clearly unbelievable, right?
Welcome to the world of GLASSWARE 2.0. A whole new way of looking at, or should we say “through,” the world of applications and cloud technology.
Sphere 3D’s Glassware 2.0 technology allows for a simplified solution to enabling any mobile device strategy to be deployed for any educational market while allowing for Windows applications to be a part of the curriculum or entire strategy. With Glassware’s management technology, an application can be easily containerized in as little as six clicks. Because it is this simple, those that administer the new devices such as Chromebooks can benefit from dropping in appliances in key locations to handle the desired applications and total solution. Glassware’s clustering technology allows for appliances of any size designed for any application workload to be utilized and managed as one complete fabric. Being able to put appliances in assigned locations while clustering overcomes network barriers and delivers the most reliable, and fast experience possible without the need for complex architectures or components.
Once Glassware’s technology has been implemented, the applications can be integrated into workflow management of the school, district, or any other portal system which brings context into the workflow. Whether a parent, a teacher, a student, or administrator delivering an application which is integrated into the portal available as appropriate for each use case contextually. Having distributed appliances which are sized and purpose made for each applications usage, fully integrated into a school system’s desired workflow, end to end education is possible.
Sphere 3D's V3 Appliances
Their V3 appliance delivers virtual desktops with a VMWare hypervisor. They are qualitatively different from their competitors who offer what are called hyperconverged appliances. All their boxes, though they have different colors of bright and shiny lipstick on, are structurally the same and offer a connection to a proprietary storage network. V3 is fundamentally different. Their secret sauce is that their boxes connect locally to local storage. There is no storage network required. See what that means for cost, reliability and ease of management.
Their Technology Advantage: