RE: Bought in....9 Apr 2018 00:16
Thanks Opti, I found another old RNS which gives more info on their DDM software too.
"DDM, previously known as AIMS and based on proprietary software designed for the aviation industry, has been developed by Strat Aero to also present, store and analyse data gathered during operations undertaken by UAVs, such as flood defence surveys and wind turbine inspections. It is therefore an integral part of the Company's full service UAV offering to commercial and military customers. Given Strat Aero's aviation heritage and DDM's extensive data storage and analysis capability, the Company has continued to actively market it as a customised enterprise resource planning ('ERP') offering to the wider aviation industry. The ReadyJet contract represents the culmination of extensive development work carried out by Strat Aero to address ReadyJet's needs."
"
� Strat Aero has customised its proprietary DDM software to suit ReadyJet's requirements including tracking employees' time, calculating payroll, hosting and tracking required training that has been developed by ReadyJet
o DDM will also track schedules, documents, employee titles and positions
� Strat Aero has arranged for a dedicated server for them to speed up the processing to cater for ReadyJet's 1,500 employees across the US and Canada
� DDM software is a high margin business generating 80%+ gross margins and discussions are on-going with other potential customers operating outside the UAV sector"
There could be something happening here; The DDM link on their website has changed recently to:
https://ddm.softwareresponse.com/web/ddm.html
I could see them strengthening the software capabilities of DDM by integrating in other best-of-breed systems in also. They had a demo of the TopoDot #pointcloud processing software recently too and the mention of 'AI' in the RNS is tantalizing. AI would be massively useful plugin to analyse the kind of data they are getting from their scans to flag up issues for expert staff to look at in more detail.
GLA DYOR