You are absolutely correct that many of Wisetech's purchases were to gain "technology" about how to do something vs re-inventing the wheel. I am sure they would have been happy to retain the customers and switch them to Cargowise but I think that was an unrealistic goal. Nearly all the companies they purchased mostly served the local clients - who truly aren't a good market for Cargowise.
Cargowise is set up to allow a large company a global view and a global system. This means it's not as efficient or easy to use in every situation - but from a global management position of the companies they server they don't care about that.
I believe large company spend has some growth yet - until they again start building their own systems.
You are absolutely correct that many of Wisetech's purchases...
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Last
$134.60 |
Change
-0.480(0.36%) |
Mkt cap ! $45.01B | |||
| Open | High | Low | Value | Volume |
| $135.70 | $135.79 | $133.83 | $61.42M | 455.4K |
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| No. | Vol. | Price($) |
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| 1 | 3512 | $134.60 |
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| Price($) | Vol. | No. |
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| $135.22 | 15 | 1 |
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