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Will you have the confidence to swap over completely to SFI to...

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Gillysrooms

10,437 Posts.

142

25/11/16

21:35

Post #: 20901902
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Originally posted by SearchBloc ↑

In 2012/13, it took NEA less than 12 months to go from 3c to 60c... SFI needs far less than 3 years to be a 'multi bagger'.. As soon as commercialisation eventuates, sales will ultimately be there instantly. NEA hold the market; demand is high, fees are high, and an oligopoly is soon to be in play.

My company use Nearmap predominantly for designing site works, upgrades to existing and tracking development during a project build. I won't mention the price of our subscription or how many users are involved, however it is north of $50k /a. This is a substantial figure for any business - but we have no other option in the space... yet....

We use this software in basically two ways (for those who have not used it, and to further explain the application/appeal in what these companies offer to the user:

1. Traditional topographical review;
a. Determine geographical features (including native vegetation, rehab and extraction areas)
b. Identifying above ground services and existing roads/tracks. These are often missing from surveys and are not visible from low quality imagery (google maps).
c. Track changes during a build. We save images so that we have a record of where something like trenches etc are during a project build.
2. Nearmap Specific function:
a. We use the 3d functions to better understand heights over distances and can track changes and "move around" in a way that is not possible from the 2d flyovers.
b. We also use the Nearmap line function to determine heights over a trajectory to design roads and any light of sight assessments - including IT elements, but also to ensure that parts of a plant are not seen by receptors.
c. There are more (such as exporting to AutoCAD) but we have not purchased those expansion packs in the past.
d. There is also a notify me of updates for chosen sites so that we can check the latest surveys as soon as they are undertaken.

I have held SFI for almost a couple of years now - its been a long wait with little return. We are at the business end of startup execution, with official launch around the corner. Sit tight, it will happen, and credit to long term holders for sticking it out.

GLTA

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Will you have the confidence to swap over completely to SFI to enable your company to do everything it does now by using the NEA services? Do you need historical data which NEA offers now?

If SFI service price is the same will you swap anyway or at what price difference will you swap over completely?

What makes you unhappy with the NEA service now? Is it the price or the service or both and how much was it costing you before NEA came along to offer this unique service? How confident will you be that SFI will be able to maintain a consistently reliable service into the future as NEA has proven so far?

SFI Price at posting: 6.6¢ Sentiment: None Disclosure: Not Held
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