CIO 0.00% 1.8¢ connected io limited

This business requires capital to manufacture the routers. Once...

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  1. 283 Posts.
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    This business requires capital to manufacture the routers.

    Once the routers have been sold, most clients would subscribe to the CIO cloud service for a monthly fee.

    Clients can upgrade firmware, restart routers, troubleshoot etc.

    In my opinion, that is where the money is. Most clients would not move away from a company that can deliver on its promises with prompt software/firmware updates and also provide a stable platform.

    However, I agree that CIO needs to be more clear and concise when the make announcements.

    AI needs M2M routers, I strongly believe that CIO will break even by the end of the year.

    Just my opinion...
 
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