@investig8,
You wrote -
"The bigger dollars and longer term sticky relationships will come from deeper collaboration and development of products and services with clients utilizing the Platform more like a PaaS. Its obvious to me this is already occurring for which I have highlighted the following comments made in the last 4c & AGM presentation as confirmation;
1. The priority of the business is to continue to secure partnerships and strategic supplier agreements to reach more workers while we invest in our platform and products to serve more compliance moments.
2. We have hired an additional 2 developers to keep up with growth demands (delivering proof of concepts and delivering on Platform licence growth)
3. Strong partnerships and alliances (shared revenue and product co-creation)
4. Additional investment in resources may be required where the Group secures material contracts that are currently in the pipeline.
5. The implementation of secure blockchain-based digital wallet and consent management to enable secure real-time payments notifications. This next advancement is planned for late in the calendar year of 2022. Subject to demand from APRA Funds and Payroll early adopters we may prioritise this and implement sooner.
These products are not off the shelf solutions but complex collaborative software development with clients. The end product could well be white labelled versions of our product/services integrated within a client's software and or app and marketed under the client's brand.
We would become the "backbone" of a client's service offering. A very powerful and trusted position."
When we become the backbone, or in my view the "DATA CONDUIT" for many clients, the Wrkr Platform will be capturing that data and storing it for repurpose, as also stated in recent announcements.
What will that stored data be worth in a few years time?
What is the continuous weekly or fortnightly data be worth now and also what will "it" be worth in a few years time?
Investors, speculating on projected revenue is, IMO, not the real prize here with IP1!
The real prize is the potential future value of data and that data will be just oozing out of IP1 every week when management get all 13 million workers here in Australia on board the Wrkr Platform!
Then we go international, as stated!
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https://www.economist.com/leaders/2...t-valuable-resource-is-no-longer-oil-but-data
https://www.techrepublic.com/article/data-is-worth-its-weight-in-gold/
Jocko.
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