Ann: Appendix 4C - quarterly and commentary, page-22

3 things to contemplate:

Alternative data - how much data do BUD need to have under management to make this fly? - and how much more value does each additional data load bring - the quarterly mentioned some further update on this next week - it would be great to get a handle on how this market for alternative data works - and some metric for figuring out long term revenue opportunity

Ohm - how quickly can this scale up? - first 1,000 units coming online from May - then next 10,000 - how many thereafter?? if the channel partners kick in, country by country, then what can we expect 9 months from now??

BUD platfrom - from now on this platform will be dedicated to $1 mill + customers - suggestion of perhaps 3 of these by end of 2017 (including Thor) - can this grow more rapidly thereafter? with each major customer being added there should be an improved sales story