So in short, it's a $640,000 exc GST contract that lasts for approximately half a year. The contract is for lower margin services, only.
The POC is designed to prove to Accenture their offerings are useful to Accenture's existing and potential new clients they're courting - who are they?
The critical information that would be nice to know, as shareholders, is what does a potential roll-out look like? How many potential licences? Is a $640,000 contract for services likely to lead to bigger, higher margin licence-based contracts? These I would expect get paid upfront annually.
Again, will there be a pull-through effect of licences, what's the likely timing, and what are the expected amounts...?
What's the context in which this deal was struck? How did Accenture come across archTIS? Is this validation of their "sell to/sell through" strategy management has been mentioning re Microsoft? Did they see the company at another "show" like BAE?
Is this a potential lead-in to the US market?
Accenture has some big defence contracts announced earlier this year SHARKCAGE with US Navy's unified cybersecurity environment $789m; US Air Force Cloud One environment $1.6b...
AR9 Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
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