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SenSen Networks deploying breakthrough technology on multiple fronts internationally

SenSen Networks Ltd (ASX:SNS) executive chairman and chief executive Subhash Challa introduces Proactive Investors to the company's breakthrough technology, which uses video cameras to solve real world business problems.

Currently SenSen is targeting the gaming and smart cities sectors, with a varied client base paying licensing fees, but the potential functional and geographic applications for the technology are wide-ranging.

"We do have great tech, but we also know how to make money out of it. We actually link the value that we charge to the customer; so the dollars we charge, to the value that we provide to the customer... it's a software-as-a-service model charged annually or monthly, depending on the value that we are creating, and we have been able to execute that business model very successfully across the diversity of the customers we have," says Challa.

Quick facts: SenSen Networks Ltd

Price: 0.1 AUD

ASX:SNS
Market: ASX
Market Cap: $42.17 m
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SenSen Networks aims to disrupt expensive approach to smart cities

SenSen Networks Ltd (ASX:SNS) chief executive officer Subhash Challa speaks to Proactive Investors abouts its new Gemineye product, which can slash the cost of smart cities by harnessing the power of smartphones.   While most smart city technology to date has required expensive...

on 30/4/19

2 min read