I1 Aug 2014 16:13
See the dragon is still taking a bashing, lol …….. quite right too!
Can he still make OUT a success?! ……. well even with a revenue slip they still expect 50%+ revenue growth from the previous year and although much much much much much much much slower than they thought, they are actually starting to see business won from their strategic partners, which seems to be something that the IT industry thought would never happen! …… how many more contract wins will they announce over the coming months?! …….. none, one, five, ten, who knows, answers on a postcard, or the BB, lol
Can they generate revenue in 2015 and beyond from the secure O cloud from Government contracts? revenue from this has always been forecast for 2015
He/they have also just announced the needed financing, no details as yet but at least it’s there, the £5m being talked about is from the Edison assumption on figures, no actual financing figures have come from OUT so any figures mentioned is speculation and not fact as yet …….. anyway with the funds coming that means that contrary to popular belief they ain’t going bust, not yet anyway, lol
Can they get back on track? only the passage of time will provide us with the answer!