Thanks for that @jimmy. Yes, they do seem to be broadening their customer base. I'm wondering, and this is a question for all RUL watchers (@Rokewa, @deeplyinvested and others), with the transition to a subscription model, perpetual licence sales are on decline (as we know). I also notice that 'maintenance' revenues are plateauing (software support service revenues?). I'm assuming that the new subscription contracts include this 'maintenance' service, and that as such, as subscription revenues rise, they will supplant not only the perpetual sales, but also the 'maintenence' revenue streams. Would that be your understanding?
RUL Price at posting:
95.3¢ Sentiment: None Disclosure: Not Held
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