Martello Technologies Group Inc V.MTLO

How big is the digital experience monitoring market?

[1Investdilemma]

The global End-User Experience Monitoring market, which was valued at US$3.8 billion in 2022, is set to witness substantial expansion, reaching an estimated size of US$13.9 billion by 2030. This growth is anticipated to occur at an impressive Compound Annual Growth Rate (CAGR) of 17.5% during the analysis period from 2022 to 2030.

----  ResearchAndMarkets.com   Oct 30, 2023

[Mostlyserious]

That is impressive growth. Wish Martello would develop a product to enter this market.

[1Investdilemma]

My friend, DEM (Digital Experience Monitoring) is Martello’s target maket.

[Mostlyserious]

So, what you are saying is that they are in the right place at the right time.  ;-) What's the problem then?  Quality of the product is poor? Management doesn't know how to capitalize?  Sales people including Microsoft's don't know how to sell it?  Or all of the above which leaves its shareholders hopeless because it amounts to needing to start everything from

[1Investdilemma]

Your points are well taken.  Let’s hope the new CEO is capable of making a significant difference.

[Mostlyserious]

We shall see who the new CEO will be.  No offense to the successful tech execs from late 1990's and early 2000's but it is much different and faster tech world today.  So, if we get someone north of mid-40s, I won't be too excited. Recently I was at a seminar where I heard examples of boomers holding back the younger generation with innovative solutions because they are

[Mostlyserious]

By the way, I am basically looking for something to give us some hope.  Martello is silent, can't even muster some partnership or bigger client acquisition or sale announcement.  The results are so poor that one could make a case that any news is material.   Pretty well needs a significant management and board overhaul. TM and his advisory crew are best to just write checks

[1Investdilemma]

If TM picked you to become the CEO, what would your first 100 day action plan be all about?

[Mostlyserious]

First, there are some generally recognized leadership qualities that can apply in many situations but I also believe the next CEO would also require to have some prior successful experience in the high-tech software business.  This is where I would fall short. Notwithstanding, first 30 days I would be trying to understand the sales challenges.  Perhaps they would provide some glimpses