Showing posts with label g. Show all posts
Showing posts with label g. Show all posts
Thursday, June 12, 2008
Software Sales!
Today is the day where the rubber hits the reoccurring revenue road. Before today, HISS’s revenue stream consisted of margin on the hardware sales of the CT line and accessories and a small amount from sales of the data pipeline. Today we have all of those things along with the ability to bill our own software. This process allows us to collect a portion of the revenue billed and add it to our bottom line, rather than all of it going to the software vendor. We have only been doing this for a few weeks and already have had an incredible response to our offering. We have already had committed over $20,000.00 annually of reoccurring revenue on the system and currently have 10 active demos going with new customers. With the addition to our own software we now have 3 avenues of revenue, hardware, software and (pipeline) Kore. From a software sale, we are now able to add software to the deal and vice versa on the hardware. It seems like a winner for everyone. We are still carrier and software agnostic, in other words we will still sell on any network and use any software. This is a giant step in the right direction for HISS
Labels:
Asset Management,
Child Tracking,
fleet management,
g,
GPS Tracking
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