TSXV:OEE.H - Post by User
Post by
retiresoon58on Oct 18, 2016 5:34pm
252 Views
Post# 25358008
At an Inflection Point
At an Inflection Point • IIoT could see 60 trillion of investment over the next 15 years (General Electric) • Manufacturing is a greenfield opportunity – 9.5 out of 10 manufacturers don’t utilize data-driven manufacturing • MEMEX is a pure play IIoT investment with strong traction and partners • 100’s of installs generating an average of 4 month payback and 300%+ IRR • A $30 million business inside its existing install base • Go to market strategy proving out in financials: direct sales & strategic partnerships including Cisco, Mazak USA and Okuma • Cisco’s Connected Machines offering includes MERLIN’s and its value proposition to sell secure networking products • MERLIN is very well positioned to become a Cisco cloud SaaS solution • Business firing on all cylinders with record bookings and revenue (up 100%) in Q3