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July 31st, 2023
WiMi Hologram Cloud Developed a Big Data Analytical Engine System Based on GIS Location

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BEIJING – WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that a big data analytical engine system based on GIS location was developed to improve the efficiency of data utilization.

GIS is a system for processing and managing geographic information through computer technology. It integrates various spatial data into a database and realizes the analytical, display, query and other operations of spatial data through various functional modules. GIS system adopts a series of software tools and technologies, which are widely used in the fields of urban planning, resource management, environmental monitoring, traffic scheduling and so on, and it has become an important tool for digital management and decision-making support.

In this context, WiMi’s big data analytical engine system not only integrates and analyzes spatial data using GIS technology, but also processes, mines, and analyzes huge amounts of data through big data technology, which will greatly enhance the efficiency of data utilization and facilitate more accurate data analysis and decision-making.

The system’s built-in big data engine employs advanced algorithms and technologies to quickly process massive data and extract effective information. At the same time, the engine also supports machine learning and data mining technology, which can automatically identify the correlation and regularity existing in the data, providing more comprehensive support for the user’s data analysis work. In addition, the system also supports multi-dimensional data visualization and analysis, and through the 3D visualization function, the data can be displayed in three-dimensional space to help users better understand the structure and laws of the data.

The core modules of the system include GIS system, big data storage and processing, data positioning, data mining and data visualization. The system can realize map display, spatial data management, map overlay and other functions by using GIS technology, which can support the processing and analysis of spatial data and location information. Big data storage and processing technology can realize large-scale data storage and processing, support complex data query and analysis operations, and also have high availability and fault tolerance. The location information of mobile devices or users is obtained through GPS, LBS and other technologies to realize the collection and tracking of location data, which can be used for path analysis, heat map drawing and other operations. Using data mining and machine learning technologies, large-scale location data can be analyzed to extract valuable information, such as user preferences and traffic hotspots. In addition, through visualization technology, the system can present the analysis results to users in a direct manner, such as maps, charts and other forms, to help users better understand the data analysis results.

WiMi’s GIS location-based big data analytical engine system has a wide range of application prospects, which organically combines GIS technology, big data technology and artificial intelligence technology to provide users with powerful and easy-to-use data analysis tools. With the development of the Internet, the scale and speed of data generation will become faster and faster, the launch of this system provides more possibilities for us to utilize the data, which can better serve data analysis and decision-making in various industries. Whether it is urban planning, transportation scheduling, environmental monitoring, resource management, decision-making in various industries requires a large amount of data support. However, how to effectively utilize these data for accurate analysis and decision-making is a challenge.

Traditional data processing methods often require manual intervention and are inefficient. The system, on the other hand, adopts an intelligent processing method and realizes automatic identification and analysis of data through machine learning and automation algorithms, which greatly improves the efficiency and accuracy of data processing. The system can also be upgraded and expanded as needed to meet more demands as user needs change and data size increases. It not only improves the efficiency and precision of data processing but also helps users better understand the structure and laws of data, which is a very important tool for decision makers to help them make more accurate and scientific decisions.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

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