CEO Michelson: "Looking forward, we are encouraged by the progress we continue to make in our key growth initiatives, and believe the investments we are making in our sales organization will lead to continued sequential revenue growth in 2016."
RMG Networks is a global leader in visual communications solutions and technology.
Our digital signage software solutions connect companies with their target audiences — from consumers to business decision-makers to employees. The strength of our enterprise visual communications system is the intelligence behind it, empowering organizations to better run their business by visualizing critical,
1. visual contact center
RMGN is the market leader and serving 70% of the Fortune 100 companies worldwide.
2. visual supply chain solutions
This is going to expand rapidly according to Roth conference call. CEO Michelson told that the company has 40 large prospects with all customers are over $ 5 Bill worth and have over 20 to 80 distribution centers. One pilot solution for one center costs 150-200T Dollar. That is a huge virgin market globally.
3. visual internal communications
Has enormous potential in hospitality, financial services, higher education, healthcare, and retail, businesses are challenged to communicate more effectively. RMG Networks wins Gold APEX Award at 12th Annual Digital Signage Expo in 2016. With InView has the company a great software product that give the company a competitive advantage.
4. visual safety communications
This solution is just starting.
Conclusion: Visual digital signage is a growing global market. RMGN provides the solutions worldwide. CEO Michelson refocussed and strenghtened the company in the right way after years of mismanagement and cash burning. CFO Jana Bell + all new management members strenghtened the company further. The products are and were innovative and competitive. The expenses are under control induced by CFO Bell. Alone the visual supply chain solution market is $ 1 Bill worth. When RMGN can win 5 customers with 40 centers that could be $ 40 Mill in revenues extra for 2016. InView ($ 2 Bill Market) in combination with the Gold Award should accelerating the revenues additionally.