From the MD&A In addition, our pipeline for new revenue opportunities is strong and new business wins for the first nine months are in excess of $80 million of lifetime contract value, of which we expect approximately $20 million will be recognized in the current fiscal year. What’s important with the new wins is that approximately 50% are directly related to our success in pivoting to a marketing and business services solutions enterprise.
Just wondering what this means. $80 million of lifetime contract value? What lifetime? Most busineses I know do a year at a time.
And "50% are directly related to our success in pivoting..." This is utter bafflegab.
This ERP thing has got me worried - it reminds me of the Phoenix system the feds put in. Agreed the feds put it in, but let's face it - it was a privarte business taht supplied it to them in its current and unfixable state of decrepitued. There's every chance the ERP will be in the same state five and ten years from now. Those things only really start to show their colours after you get that many years of data into them.