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The terms of agreement recently signed by WDT and a major international company is a game changer for WDT. I have seen their cloud based technology in operation in cooler vending machines and it is impressive. Cooler temperatures, stock levels and so on are now easily accessible by the operator at the click of a button. This makes control of a territory with multiple vending machines far simpler and with easy control of cooler operation and stock levels will result in increased sales for the operator. Uptake of the cloud technology and the WDT ECR motors look set to take off.
The terms of agreement no doubt precedes substantial contracts. One only has to read their reports on where fields trials are currently taking place to see this will be across all continents, so that the potential increase in revenue is enormous. The game has now changed for WDT who are on a substantial growth path.
With a 38% growth in earnings from the corresponding period last year and having now posted a 6 months profit, the sky is the limit.
