Agree - Cat has far more clients - but they are still losing many $m which needs substantial new revenues to eliminate - it's been 12 years !!! AND they now have the old guard running the show and probably many months from having effective, knowledgeable, experienced CEO / CFO / etc. All this at a time when they should be dominating their markets in which they have been the market leaders, now others are winning the big deals.
My concern is that the elite teams and the national associations seem to be going with Statsports & others [ Second spectrum / Zebra / WIMU etc.] These teams and national associations do not just go with whoever says they are the "market Leader" - they go with whoever has the best data and analytics. CAF went with PLAYR - it is a low end / low cost product! UKRL & Welsh Rugby are not substantial revenue deals. The major deals in 2018 & so far in 2019 are not price based - they are clearly performance based. Catapult claim 300 new clients in H1 - which ones are elite teams [ they normally announce any new benchmark clients - so who?] But my real concern is that hopes for PLAYR are now lessened and now Vector - which has virtually not been mentioned until now - and which is based on Clearsky LPS [which has few clients] being integrated with their core GPS to provide a total training & game day solution. But which clients want this ?
I would be surprised if the CEO & CFO were "asleep at the wheel" - they are proven business builders - it seems more like a battle between a Board & its former Management team to retain shareholder value. Board always blames management and Board always wins - for a while.
Question is will the market go along with the old Board???
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