- Infobird biggest winner across major exchanges in IPO
- IFBD premier provider of AI-powered customer engagement solutions
- Infobird SaaS suite of proprietary and patented offerings in high demand
- Infobird positioned to profit from SaaS sector boom
One of the leading software-as-a-service (SaaS) providers in China, Infobird Software (NASDAQ: IFBD), launched its IPO on April 20th and quickly became the biggest winner on major U.S. exchanges that day. Not surprising since Infobird is so well recognized in a such highly profitable and dynamic sector. The good news is that after some short-term profit taking, the stock has settled down and appears quite attractive at current levels and the near-term outlook is very promising.
Over the last ten years Infobird has built a reputation as a premier provider of artificial intelligence (“AI”) powered customer engagement solutions in China. Utilizing a self-developed cloud computing structure, patented AI technologies, and a no-code development platform, Infobird delivers comprehensive solutions that maximize value for its clients. Infobird’s value-driven SaaS business solutions are designed to increase revenue, reduce costs, improve quality of service, and enhance customer satisfaction. The efficacy and value of Infobird’s offerings is evidenced by its quickly growing client base of over 10,000 paid user accounts from 358 customers in finance, education, public services, consumer products and health care. The company specializes in serving large corporate enterprises in the finance industry but also has expanded services to cover a wide range of other industries and businesses, including ecommerce giant Alibaba (NYSE: BABA).
Infobird’s unique customer engagement software effectively manages both AI customer engagement and AI salesforce management. Infobird’s suite of AI customer engagement offerings includes intelligent omnichannel customer service support, cloud call center utilities, intelligent telemarketing services and AI voice/text chatbot solutions. The company’s AI salesforce management tools include an intelligent quality inspection platform that uses real-time smart monitoring, and an interactive training program that helps clients to continuously improve the performance level of their agents. Infobird has some similarities to another SaaS company, Salesforce (NYSE: CRM), but on steroids.
SaaS is a highly successful and profitable business model where a centrally hosted software is licensed to customers via a subscription plan which not only generates recurring revenue but also opens vast channels of ancillary revenue streams. Because of these factors and others, the SaaS sector has experienced enormous growth in recent years and China is now the second-largest market in the world for cloud infrastructure spending. Spending on cloud infrastructure services in China increased an eye-popping 32% in a single year growing from $107 billion in 2019 to $142 billion in 2020. Infobird operates at the epicenter of one of the hottest growth markets in the world, offers high in-demand services, and delivers a suite of state-of-the-art value-add solutions for its clients.
Infobird is leveraging its leadership in the sector. With an eye on market dominance, the company’s self-developed proprietary technologies and multiple patents undergird its research and development capabilities as Infobird continues to snatch ever more market share. As Infobird continues its quest for more market share, more profits should easily follow and impact the valuation. Given all the positives, its little wonder that Infobird hit the market with a flash bang. Good news is that the stock has settled into an attractive trading range and has all the attributes for long-term success.
For more information, visit the company’s website at www.Infobird.com/en/index.html.
NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD
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