Gatekeeper Systems Inc V.GSI

AI service recurring revenue:

[valuemind]

CEO talks a lot about the AI service recurring revenue. Why it is still less than 1% of total revenue? When will it rise meaningfully?

[ronron]

Currently just rolling out there recurring services to the 100,000+ mobile collectors. At $30/month per school bus for example, that would mean almost no utilization of that service yet Whether you see this as either growth potential or bearish is up to you. New data center is being built in Philadelphia so who knows yet whether sales or capacity is the bottleneck right now

[Ciao]

We don't know the adpoption rate for MDC units to take on SaaS subscriptions. Currently 1,000 of the 50,000 MDC units provide SaaS recurring revenues. A new data center will be up in about a week and that may be in response or anticipation of a ramp up in demand. Doug must have pulse on what is happening as he has been talking more excitedly about MDCs and transitiioning to a data company. If

[davewho]

I would add that the 50K+ MDC's now installed have already been bought and paid for. So as customers sign on there would be minimal up front cost for GSI. Almost pure profit once they start lighting up. Is the way I understand it. So easy to calculate the rev. If all are subcribed to at $30.US / month thats $1.5mUS or $2.0mC/month.