Lytus Technologies Unveils Lytus Cloud: $326 Billion Data CenterLytus Technologies ( NASDAQ:LYT ), a trailblazer in technology-driven services, has made a seismic entry into the data center arena with the launch of Lytus Cloud. This innovative suite of cloud infrastructure services promises to revolutionize enterprise computing, tapping into the lucrative $325.9 billion global data center market.
Key Features of Lytus Cloud:
Lytus Cloud, built upon one of the most popular open-source cloud management platforms, offers a comprehensive range of cloud solutions tailored to meet the evolving needs of enterprises. From public cloud to managed private clouds and Build-Operate-Transfer (BOT) Data Centers, Lytus Cloud provides unparalleled flexibility, functionality, and value.
Strategic Positioning:
By diversifying its offerings, Lytus Technologies ( NASDAQ:LYT ) aims to challenge traditional hyperscale cloud providers, providing a compelling alternative for enterprise clients. This strategic move not only enriches Lytus Technologies' ( NASDAQ:LYT ) portfolio but also underscores its commitment to delivering cutting-edge technology and exceptional customer service.
Impact and Growth Potential:
The introduction of Lytus Cloud ( NASDAQ:LYT ) is expected to catalyze growth across all sectors of Lytus ( NASDAQ:LYT ) Technologies' business, driving down cloud-related expenses and enabling the deployment of state-of-the-art products and services. With plans for rapid global expansion over the next two years, Lytus Technologies ( NASDAQ:LYT ) is poised to become a major player in the cloud computing sector.
CEO's Vision:
Dharmesh Pandya, CEO of Lytus Technologies ( NASDAQ:LYT ), expressed enthusiasm for Lytus Cloud ( NASDAQ:LYT ), highlighting its potential to serve as the foundational backbone for the company's technology-driven ventures. Pandya sees Lytus Cloud as a catalyst for global growth and revenue generation, positioning Lytus Technologies ( NASDAQ:LYT ) at the forefront of the cloud computing revolution.
Conclusion:
Lytus Technologies' ( NASDAQ:LYT ) foray into the data center market with Lytus Cloud signifies a significant milestone in the company's journey. As the demand for cloud services continues to surge, Lytus Technologies ( NASDAQ:LYT ) is well-positioned to capitalize on this opportunity, offering innovative solutions that drive efficiency, flexibility, and value for enterprises worldwide. With Lytus Cloud leading the charge, Lytus Technologies ( NASDAQ:LYT ) is poised to shape the future of cloud computing and cement its status as a key player in the industry.
LYTS
LYTS - Bullish Trend - Can It Reach Next Level?LSI Industries, Inc. provides corporate visual image solutions through the combination of digital and screen graphics capabilities, a variety of indoor and outdoor lighting products, lighting control systems, and related professional services. It operates through the following business segments: Lighting, Graphics, and Corporate and Eliminations. The Lighting segment manufactures and markets outdoor and indoor lighting for the commercial, industrial and multi-site retail markets, including the petroleum / convenience store market. The Graphics segment fabricates and sells exterior and interior visual image elements related to graphics. The Corporate and Eliminations segment includes the company's administrative activities. The company was founded by Robert J. Ready, James P. Sferra, and Donald E. Whipple in 1976 and is headquartered in Cincinnati, OH.
SHORT INTEREST
34.09K 07/31/19
P/E Current
-5.04
P/E Ratio (with extraordinary items)
-5.04
Average Recommendation: BUY
Average Target Price: 6.00
DAKT - bullish signsDaktronics is leader is electronic sign manuf., but cash flow is negative for past year and not good sign.
See Fib's going distance to high 5ish-low 6's. LED signs should be crushing it, otherwise DAKT as
small-cap better off being acquired. A Sign DAKT needs to get cash management fixed.