67 WALL STREET, New York - November 8, 2013 - The Wall Street Transcript has just published its Business and Application Software Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Cloud Computing Secular Trends - International Enterprise and Consumer Demand - Application Software Consolidation Activity - Cloud Computing and SaaS Trends - Health Care Transition to ICD-10
Companies include: Xplore Technologies Corp. (XPLR) and many more.
In the following excerpt from the Business and Application Software Report, the Xplore Technologies Corp. (XPLR) discusses company strategy and the outlook for this vital industry:
TWST: What kind of enterprises would want a tablet like that? Tell us about your customers.
Mr. Sassower: The main reason why enterprises - and we are basically are selling to businesses and enterprises - want an ultrarugged solution is because when a device fails because of the exposure to these extreme conditions, you experience downtime. It's a loss of productivity. They are not buying these devices because they're cool. It is not an Iron Man contest. If you are in the field and you are dependent on your mobile device and it fails, you have a loss of productivity.
Let me give you a couple of applications. Telecom companies in construction and engineering would like this product when they are climbing up a telephone pole in a storm or going down a manhole. In those conditions, a normal consumer-type product would obviously not be appropriate. It would fail. One of the biggest orders we ever received was from a very major telco for their construction and engineering application. Probably 30 or 40% of all the rugged solutions in the country go to the U.S. military. Obviously, when you are in battlefield conditions, you can't afford for the device to fail, because it's not convenient to send it back to the factory to be repaired.
Another application would be Doble Engineering, which is a major company that sells test equipment for high-voltage electric power plants. When you have storm like Hurricane Sandy and the power plant is experiencing problems, they put all the software on our ultrarugged tablet and they call it the DUC, Doble Universal Controller. So when you are buying their fleet of test equipment, you are getting our tablets with...
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.