LVT is relatively small. Only has wages and very limited fixed overheads. They have a very high profit margin, compared to manufacturing who often have a 5% or less profit margin. It is not enormously expensive if you use Azure etc. it’s very very cheap. These services are provided as a commodity and the smarts are done for you. Software companies need to have very smart software people , BECAUSE THATS THERE JOB. LVT is not Microsoft !!!!! They have 1000 customers!!!
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Ann: Restructure and Cost Reduction Program to Achieve Cashflow, page-36
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