Recurring revIn the CSI video, Doug suggested that investors do the math on potential recurring revenues from mobile data collectors that could subscribe to SAAS applications.
Based on $30/month and 47K installed systems currently out there, that comes out to about $17M annually (I would believe that is USD). That's about $24M CDN annually. I could only guess on the current adoption rate but I would believe it could easily takeoff exponentially. Doug mentioned do the math twice in the video so he must be excited about the trajectory he sees.