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Ann: GSW - Continuation of Suspension Pending Announcement, page-121

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  1. 34,916 Posts.
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    The fact that NAW, CBA, Amazon, YUM assessed and selected GSW carries a lot of clout in terms of GSW's ease of use, affordability, scalability and reliability.

    Yes on the face of it, it looks pretty impressive, however some have brought up the fact that it appears the likes of NAW and CBA will be in fact pseudo-resellers to their clients if they decide to go ahead. So success will really be measured on accepted take up by clients. To me that makes it difficult to quantify revenue and to make claims of an estimated 257mill deliveries worth $9bill does seem to push the realms of reality quite a bit. CBA seems to have relationships with other software companies such as Kounta, a POS software provider integrated into CBAs Albert POS system. This company is a privately held company with 30 employees. They announced its availability almost two years ago. I wonder how much money they have made, I doubt it would be in the billions of dollars, far from it. I wonder if Kounta's value is very high because of its CBA relationship. The recent CBA update did say live roll out is planned in February. That's possible just a few days away.

    Anyway, just trying to measure how highly the software will be valued in the pecking order. As mentioned, on the face of it, the signings are impressive but I also understand the scepticism when the company comes out with expected $9bill revenue figures.
 
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