RE: Website27 Mar 2018 10:16
Morning ITT, it's painful but the headline states :
The Internet of Things is remodelling urban landscapes across the world, creating smart cities where technology connects and communicates.
At CyanConnode we�re helping drive that transformation with industry-leading solutions and apps based on reliable, secure Narrowband RF mesh networking. Saving costs and energy, they enable governments, metropolitan authorities and businesses to monitor and manage services such as utilities and street lighting with optimum efficiency.
This is where they think they are in the world, very different to where they actually are of course. Half the loss is attributed to R&D I believe, but the massive on going increase in this area and out of control costs on staffing levels will make current trading outgoings dwarf the levels seen in previous years. They want to play in the same league as the big time 'partners' they think they have. We are already seeing these companies come up with in house offers, that will increase as the market evolves. So, previous failed business plans have cost us, but nothing like what's coming if they continue to get it wrong.