UBN 0.00% 44.0¢ urbanise.com limited

Allow me to respond to this... Urbanise are a tech company, yet...

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  1. 2 Posts.
    Allow me to respond to this... Urbanise are a tech company, yet they seem unable to do tech properly (if at all). They have bought Mystrata for 10m 2 years ago and it is still very clumsily bolted onto their site with minimal integration (note that Mystrata was already 10 y.o. tech at the time).

    Now they partner with StrataVote not by choice, but because they are not able to come up with their own solution, so definitely not a great sign of their capabilities. And StrataVote is anything but a "strata market specialist", they are an offshoot of Axios, a software development company! They opportunistically relaunched StrataVote only a few months ago after the site went offline for some time, and I very much doubt they really have 100.000 lots using their platform, that's simply not possible.

    I don't think the idea behind Urbanise is necessarily bad, but they are bloated by high structure costs and don't seem to be able to execute and deliver. Also, their rollout to the Urbanise platform to PICA strata managers is running behind schedule.
 
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