In and of itself not a blockbuster quarterly but, certainly a marked improvement from the previous year. I can understand both glass half full and half empty. For me hopefully it does signal an much improved FY25.
For me, the meat is in the Prod update this quarter. I see a broadening of the platform into something that looks like what I had hoped Pointerra3D would become.
- Work on building an in-house 3D tiling pipeline has commenced
Really exciting. Take a look at Cesium for a look at tiling. Will open up a lot of use cases.
-The transition from being a point-cloud-centric platform to a digital twin reality capture platform has begun
Helps remove the risk of Pointerra playing a small niche role in workflows. Use cases are quickly expanding from Lidar into Lidar+ imagery (NERF) +video + GPS path support
- BIM and static photos with geo-located IoT sensors to support the management
and maintenance of these critical infrastructure assetsGreat to see integration of IOT sensors. Was worried that other platforms were running away with the digital asset management. I.e. inspection of water live water levels via login.
Other thoughts:
Clear the company has a sharpened focus on shifting existing and future customers into SAAS contracts.
I need to see a new senior BD hire or it will indicate the last raise was for operating expenses only. A new senior BD hire would indicate growth has returned to the business and the pipeline demands the additional hands.
