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28/06/18
21:09
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Originally posted by Lord Bell
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Just a reminder to the wise and observant..Microsoft I believe may be the fastest growing company in cloud but at the last review has only 16.5 % of the cloud market in the USA ...there are a lot of others out there building and developing security in the cloud space.I would expect a lot of these cloud operators world wide will now be reviewing the new Senetas products or lining up as purchaser for these products. Many of these cloud operators are in the hard product production space, in areas of internet support and need to put hard internet security into their products.Lots of very reliable encryption is needed to protect the massively increasing flows of information being driven through the Internet Of Things . Products like self drive cars,drones ,and many modes of transport and naturally in communications in army navy and airforce personnel communication and the many Utilities world wide. All these developments are a hackers dream time..with terrible consequences when things go wrong . The banks have refused to admit to the hundreds of millions of dollars that have been stolen by hackers but now legally Banks will have to admit breaches in security.The legal pressures of disclosure should drive the demand for Senetas products.While Senetas is not the only company in encryption ,its long standing use in military and its high accreditation standards certainly gives it a seat at the table in this growing feast in the commercial arena. The biggest driver is just the massive need to protect the processing of enormous increases in information as Artificial Intelligence moves more and more into the Internet of things.In intercommunication between your fridge storage and requirements ,moving to your Mobile phone and your wife's Touch pad and pre-ordering automatically with the super market to deliver. There is a lot of critical information that is growing as new products arrive in the shops and are interconnected .This will result in Increasing demand for virtual encryption and 100 gps encryptors.It won't be too long before your car orders up it's own service ...and drives itself to the garage for maintenance while your working!!!! In the near future you may get your Alexa machine reminding you that your fridge is now low in milk before it orders up your fridge requirements.Its a bit scary but we are almost there.Its just trying to grasp the enormity of it all!!! Now with just a bit of luck and good marketing Senetas could be one of the leaders in the world of Encryption and high security storage in this changing world of interconnectivity .With the legal requirements to encrypt ,it seems wise to sit and wait and accumulate for the Big Swing.Hopefully that strong upward move in profits will start to eventuate in 2019 and expand rapidly.There are powerful market dynamics evolving in interconnectivity..with a huge and rising demand for encryption.May I remind you your car now tells you that you have a phone call coming in!!!
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That's a nice way of looking at it. However, for me the fundamentals look solid with little downside and as you seem to say in your post, great potential.
I've got another bid in myself and hope it gets filled before the eofy madness ends.