To Build an Exclusive Trust Eco-System for Mobile Carriers and Online Marketplaces
Boca Raton, FL, Dec. 18, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Grom Social Enterprises (OTCQB: GRMM), a leading social media network and original content provider for children between the ages of 5 and 16, announced today it plans to launch a suite of enterprise-level PaaS (Platform-as-a-Service) solutions utilizing its safe and secure social network for children. These solutions will enable Grom Social to partner with, mobile carriers, entertainment networks, social networks, community marketplaces and online platforms to enhance the content and security experience for kids.
According to MarketandMarkets, a leading business to business research company, the global PaaS market revenue is estimated to be approximately $7 billion dollars in 2018. Packaging Grom Social’s suite of network and parent monitoring services into a turn-key solution allows the Company to enter this lucrative market. The new enterprise-level business solutions are expected to materially impact Grom Social’s growth by generating an eco-system that will help large organizations build enhanced trust, loyalty, and partnerships with families. Creating additional layers of confidence and security will reduce risk from children interacting on unsecure mobile devices and computers across all online sectors.
"As cyber-crime rates continue to rise, it becomes a top priority to ensure the safety of future generations and educate our youth on how to properly use the Internet,” stated Darren Marks, CEO of Grom Social. “We are passionate about the integration of our platforms into new business segments which in turn will build and strengthen a safer eco-system that extends past the Grom Social website.”
About Grom Social Enterprises, Inc.
Grom Social Enterprises, Inc. owns five separate subsidiaries, including Grom Social, a safe social media platform for children between the ages of five and 16. Since its beginnings in 2012, Grom Social has attracted children and parents with the promise of a safe and secure environment, where their children can be entertained and interact with their peers while learning good digital citizenship. The Company also owns and operates Top Draw Animation, Inc., an award-winning animation company which produces animated content for Grom Social and other high-profile media properties such as Tom and Jerry, My Little Pony and Disney Animation's Penn Zero: Part-Time Hero. In addition, Grom Educational Services has provided web-filtering services for up to an additional two million children across 3,700 schools, and Grom Nutritional Services is in the process of creating a line of healthy nutritional supplements for children.
For more information please visit: www.gromsocial.com.