Ann: Xped announces cost-saving restructure, page-161

Ok I will try to explain it to you.....although in the past you have failed to grasp it.

Xped have an app and the universal browser app. They can tailor the coding to remove Xped logos and info and insert whatever name they choose...so if XYZ company wants to use the app....they simply change it to cover that request.

As most manufacturers will be using standard iot chips...ie Telink or any other....the Xped app should be able to talk via whatever protocol the iot thing communicates on.

This means that a company can create an iot "thing" ie light globe or whatever and HIRE Xped to create the controller app instead of them having to start from scratch with developers and so forth.

In theory it is a good idea because a small iot company will waste oodles of money coding their own app so why boil the ocean to make a cup of tea....just get Xped to deliver a white label version and ask them to whack a logo and some colours on it. Xped gets a license fee and cut from each activated download of the app and they make money. If they can upsell the company to buy cloud features as well even better.

So far that is the only way XPE makes money outside of JCT.

ADRC and Xip are not making any and the cloud solutions have had little to no interest.