No, what that poster shows is an appalling lack of research, confusion and understanding of what BID offers and probably is suffering from one too many punches to the head. Let Jeff Horn explain it....
BID uses an Energy Spend Management platform (ESM) which utilises the Robotic Process automation process. RPA is a at the commencement of a global mega trend which, at the moment, faces low awareness which will change as more companies try to do what BID is currently doing.
BID's use of RPA is a game-changer: 1. Maximises efficiency with huge cost reductions 2. Mitigates risk of quality accuracy issues 3. 24 hours a day, 365 days a year 4. Flexible and ability to multi-task 5. Provides continuous management information
As i previously mentioned, RPA will be massive and transformational. Automation and artificial intelligence is forecast to add up to $4 trillion to Australia’s economy over the next 15 years.
Give me a "niche" of that market any day.
BID Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held