DSE 3.94% $3.90 dropsuite limited

Ann: Commentary on June quarter, page-44

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  1. 1,395 Posts.
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    Some important stats for DSE

    • 125 million SMEs worldwide, with two million in Australia alone.
    • ~1 billion websites with potential need for data backup and recovery.
    • According to IDC Research, online data protection and recovery software
      revenue of ~US$6 billion per annum, with growth driven by (1) demand for cloud services; (2) increasing prevalence of hacking and cybercrime, and hence demand for recovery of digital assets; (3) increasing understanding of business continuity and disaster recovery planning, especially around reduction in downtime costs, recovery time and data loss.
    At 600,000 users looks like DSE has 0.5% global market share
    Looking forward to 1 million users
 
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