Share
10,983 Posts.
lightbulb Created with Sketch. 1355
clock Created with Sketch. 06/03/24
13:49
Share
One thing I missed which will kick off 2H is the reduction in engineering and P&D spend and instead just purchase best in breed. This will save millions for FY25 and partly FY24. The R&D has been a $200m black hole and saving $30-40m p/a is nothing to sneeze at.
On to Slide 25. We are replatforming our crowd and project management system, which we call Appen Connect. Appen Connect is a proprietary platform which has resulted in a lot of engineering investment to support. Because it's been built using legacy architecture, we have not been able to innovate as fast as we would like. There are three core benefits of the new platform. First, we are embedding AI as a core capability including how we manage our crowd. This will add a lot of automation to our internal operation. Secondly, we are shifting from building everything ourselves to utilizing best-of-breed technologies. This will enable much faster innovation, provide access to leading capabilities.
Expand
