Latest Press Articles, page-59

Another great post, @bob52. Agree totally. Only one correction, Aconex currently has 53 offices, in 29 (not 23) countries. I just recounted them.

This gives it by far the greatest sales & service reach of all the companies in its field.

On the value of enterprise agreements with co's like Bechtel, AECOM, Fluor, Exxon Mobil etc- this is Leigh Jasper (CEO) from the 1H17 presentation:

"There's been a significantly positive trend in enterprise engagement expansion showing continued standardization on the Aconex platform. Across all of Aconex we saw a 5% increase in the proportion of enterprise revenue and the ANZ region stepped up its proportion from 61% to 65% of revenue.

This is a strong trajectory of enterprise agreement growth over the last three years from 33% to 44% globally and 46% to 65% in ANZ.

Enterprise agreements are great for Aconex, increasing industry standardization on the Aconex platform and also helping to increase our network effects.

These enterprise relationships tend to run for a very long time with high customer retention and high and growing recurring revenue for the Company"

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This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.