Friday, September 7, 2018

Consorteum Holdings, Inc. (CSRH) Focusing on Mobile Initiatives

  • The company’s core product focus is on mobile applications, seamless delivery of mobile content regardless of operating system, mobile payment solutions and other innovative offerings
  • Consorteum, via technology subsidiary 359 Mobile, has created Universal Mobile Interface™ technology
  • Consorteum’s first app planned for release is focused on providing users with predictive analytics for competitive cricket
Based in Atlanta, Georgia, Consorteum Holdings, Inc. (OTC: CSRH) is a software development and mobile publishing company. Its Universal Mobile Interface™ (UMI) technology enables the company to jointly develop internal and third-party solutions for a wide array of vertical markets. Consorteum’s 359 Mobile, Inc. subsidiary sees promise for its UMI platform as smartphone use continues to expand globally.
Consorteum provides mobile offerings, delivery of mobile content, mobile payment solutions and related products. It does so via a mix of direct offerings, partnerships, license agreements and joint ventures. The company has a competitive advantage in mobile markets due to its strong history in fintech lead transaction processing, and it offers end-to-end fintech solutions for diverse vertical markets. Consorteum notes that the worldwide fintech investment market is forecast to increase at a compound annual growth rate of 54.83 percent through 2020.
Consorteum recently executed a joint business agreement with DevLex. As part of this agreement, the companies are targeting sports gambling by combining Consorteum’s UMI with DevLex’s Edgelytics™ Predictive Analytics Platform. The mobile gaming industry is experiencing tremendous growth around the world. In a June 2018 article, a Business 2 Community contributor noted (http://nnw.fm/0wnBk) that, “Mobile gaming is leading the pack in the global gaming industry, accounting for more than half of revenue in the mobile gaming industry. This is expected to rise to an estimated 54% in 2019 and 59% in 2021.”
Consorteum’s initial application scheduled to launch into the marketplace is a tool to help sports betting fans study athlete and team statistics and help predict outcomes for their favorite teams and players as new matches occur. This app focuses on competitive cricket, a sport that is very popular globally with a fan base of greater than 2.5 billion. Reiterating this popularity, Cricket.com.au recently released an article (http://nnw.fm/Uka2X) titled, “Cricket becomes Australia’s No. 1 participation sport.”
The above-mentioned Edgelytics platform analyzes a substantial historical database including player and team statistics. Therefore, users can query and run personalized analytics on these statistics. This enables a more informed foundation for wagering on specific cricket outcomes.
Consorteum’s 359 Mobile subsidiary is a technology and services aggregator. 359 Mobile is employing advanced data analytics and automated management systems to facilitate a more personalized mobile experience for users. Its UMI solution can open up opportunities in fintech management, digital marketing, data storage, cloud facility and data analytics. It can also open up opportunities in CRM (Customer Relationship Management) services, secure payment processing and regulatory compliance. Consorteum is advancing its business strategies through its subsidiary in multiple verticals, including the mobile gaming industry. It is targeting its initiatives to a mobile generation that demands innovative and useful products.
For more information, visit the company’s website at www.Consorteum.com
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