This was accomplished by winning substantial anchor clients in targeted customer segments, developing solutions that add significant value to their business’ and generating recurring revenue for the company.
The company is now focused on growing current client business and rolling out replicable solutions across the corporate communications, sports and news sectors.
Video conferencing market
While the Sports and News sectors are slowly re-emerging, the company believes the video conferencing market with its AI meeting solution represents the fastest path to material recurring revenue growth.
The video conferencing market is booming with revenues in excess of US$14 billion in 2019, and anticipated growth at more than 19% CAGR between 2020 and 2026.
Notably, Microsoft Teams has up to 75 million users per day and Zoom has more than 300 million participants per day.
Linius compared to normal video conferencing technology
LiveTiles communications platform
LiveTiles is the anchor client for the corporate communications sector, and provides an intelligent workplace intranet platform for SharePoint, Azure and Office365.
The solution it represents is that the platform is the world’s first intelligent meeting, at USD$3 (plus) per user per month.
To date, LiveTiles has:
- Secured their first client, a leading university;
- Re-branding the solution to sit within their suite of products; and
- Adopted Linius Editing Function in addition to Meeting Solution.
Linius’ strategy is to build on the success with LiveTiles and quickly roll out across the video conferencing and collaboration technology marketplace.
The company has had success to date within the sports market, with anchor clients including Racing.com, SportsHero, and NBL Swanbay.
SportsHero's solution is now being repeated with the NBL for personalised TV channels for basketball fans set to launch in October.
The market for basketball represents 8.6% share of the US$$49.5 billion sports media rights and is the only sport projected to achieve consistent double-digit growth over the longer term.
Basketball is also the number two sport globally with over 200 countries participating in the sport and over 450 million players.
Linius aims to repeat its strategy into global basketball leagues and in other sports categories.
Grafa personalises business and markets news for investors.
In the news sector, Linus’ anchor client is Grafa, a finance-focused social network platform aimed to make finance simple and entertaining and eventually, become an agnostic trading platform.
The app personalises business and markets news for investors, delivers tailored news packages at market opens/closes which are time-coded to corresponding stock exchanges, as well as delivering hyper-personalised news according to individual trading portfolio data.
This app is in the final stages of development and is scheduled to go live in quarter four.
Linius has an active pipeline to repeat its news solution and editorial function into the News B2B market for news originators and distributors.