KME 0.00% 43.0¢ kip mcgrath education centres limited

Ann: Trading Halt, page-6

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  1. 599 Posts.
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    Now that we know it's to 'accelerate the Kip Online' development can I ask a question: what is so special / expensive about this option that requires such heavy investment? I ask in the context of other alternatives, which for companies, while not free, are a good (great?) paid option to having to 'in house' the development of such resources themselves.

    For example, Zoom, Google Hangouts, Facebook Messenger for Kids (pairing with a parents account for security / oversight) etc could all be licensed by the company in order to deliver online lessons. The benefits are obvious, but the biggest being that they are platform agnostic, don't require in-house maintenance and development spend and can be scaled up and down at will. I know that for KME, buying these licences would represent a cost, but would it really be more than a small company like this one attempting to build its own proprietary technology portal?

    Please feel free to point out why I'm wrong here
 
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