Flywheel Advanced Technology Inc (FWFW)

[NeoKobe]

Haha, you gotta laugh at this one. But all jokes aside, the merged company actually seems to do business. See, e.g, this Oracle customer case example from last year. Stock now just needs eyes on it…

https://www.oracle.com/customers/qbs-system/ (“Leading IoT solutions and services company uses Oracle MySQL Database Service to boost efficiency while improving customer satisfaction.”)

Business challenges

QBS System is one of the premier IoT technology companies in Hong Kong and mainland China. Founded in 2011, the company has risen to prominence with its cutting-edge IoT solutions for key areas such as radio-frequency identification (RFID), indoor and outdoor location-based services, warehouse management, video analytics, sensor management, and more. The company has clients across various industry verticals, including logistics, transportation, manufacturing, retail, and utilities.

For many years, QBS System switched between different cloud platforms to deploy its IoT services, based primarily on customer suggestions. However, not having a dedicated cloud infrastructure resulted in a steep learning curve, reduced performance, increased maintenance and operation costs, and poor customer experience.

To stay ahead of customers’ growing expectations for rapid insights, QBS System needed to undergo a successful cloud transformation.