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SCDA 0.24 I am not to worried about the stock price as they have plenty of cash left.
B-Scada Issues Commentary on 10Q Results and New Revenue Streams
Wednesday, September 16, 2015
CRYSTAL RIVER, FL: B-Scada, Inc. (OTCQB: SCDA) has announced that they have filed with the SEC their 10Q for the quarter ending July 31, 2015. As expected, the price of oil and subsequent scaling back of the petrochemical industry had a negative effect on overall revenues, however B-Scada still recorded an increase in revenue over the same quarter last year and remained cash flow positive this quarter and YTD.
It is also interesting to note that while B-Scada did in fact experience a significant decrease in oil-related revenue, non-oil-related revenues experienced a substantial increase YoY.
The ability to serve a diverse range of industrial verticals is a great benefit in times of market volatility. B-Scada is very optimistic that new revenue opportunities will continue to present themselves regardless of what happens to the price of oil.
Management commentary: "With recent software deployments announced in IT management, aquaculture, facility management, mining - even banking, B-Scada's revenue is certainly not tied to the petrochemical industry. Of course, we will happily welcome that revenue back when it returns!"
B-Scada's IoT platform continues to gain traction and recent partnerships continue to build momentum. The B-Scada brand is becoming more visible and recognized, with the company recently cited as a "Key Player" in the global HMI market by Global Industry Analysts, Inc., a leading publisher of off-the-shelf market research.
B-Scada looks forward to a promising Q4 and an exciting 2016!
One would hope/think it would be a good revenue source if they scale it to 200 offices. Now if they can replicate and scale that type of contract throughout the world, B-Scada will be a big winner. The opportunity is great as there are massive amounts of potential customers out there that will be looking to create "smart" operations over the next several years and B-Scada has a IoT (and SCADA) visualization/sensor package for them to make this a reality.
With oil prices down, I wouldnt expect a pick-up in consulting revenue anytime soon, but everything else is starting to click and the groundwork has been and is being laid for future growth. I like Ron's methodical approach to expanding the business. I think it will eventually pay off.
eventually scale system to monitor 200 offices.. That has to = a nice pay day.
B-Scada Provides Facility Management Solution in Africa
Tuesday, August 25, 2015
CRYSTAL RIVER, FL: B-Scada, Inc. (OTCQB: SCDA) has announced a recent IoT (Internet of Things) deployment in Africa. B-Scada's software is being used to monitor sensor data in an office, where the customer has deployed sensors to monitor temperature and light, as well as water detection sensors to mitigate flooding. The customer plans to eventually scale the system to monitor 200 offices. The offices will be monitored and managed remotely through web-based interfaces that provide real-time visibility of the sensor data from anywhere at any time, as well as configurable alarms that will send email alerts in the event of abnormal conditions.
While losses and increased expenses arent good and not really surprising as we already knew the oil contract would negatively effect the next Qs, plus the increased marketing and new hires, there are plenty of positives. Not sure what the bundling of software w/ a major hardware company will mean for revenues. Seems like a good development. B Scada is winning contracts with very legit outfits around the globe so this could just be the tip of the iceberg once it starts to scale. Creating their own line of sensors so that they make offer a complete, go-to package makes their service easy and appealing to a potential custome. Its just a matter of balancing sales growth with spending so they dont get over their heads with expenses until things kick into higher gear. Small company in a big and growing SCADA and IoT space, so lets hope they make it happen and make us shareholders smile.
B-Scada Group Releases Preliminary Q3 Financials – IoT Platform Sales Increasing
Thursday, August 20, 2015
Crystal River FL: B-Scada Inc. (OTC:SCDA) has released their preliminary unaudited Q3 results for the quarter ending July 31, 2015. B-Scada Inc. (B-Scada Group) includes B-Scada Inc., B-Scada Soluciones Industriales SL. and Monitor Sensing Technologies Inc. Of the reported results, some of the highlights include:
IoT Platform and Status Enterprise software sales increasing.
Numerous new systems deployed globally.
Revenue growth despite downturn in Petrochemical.
B-Scada provides software and hardware solutions for the monitoring and analysis of real time data in the SCADA (Supervisory Control and Data Acquisition) and IoT (Internet of Things) domains. B-Scada products are sold worldwide in various verticals including building automation, transportation, smart grid, manufacturing, mining and petrochemical.
Despite the impact of the price of oil, which caused a considerable decline in our consulting services income, revenue for the nine months ending July 31, 2015 was $1,463,690, an increase of 3.2% over the previous year. The sharp declines in our consulting revenues were offset by increases in revenue from our Spanish operations and our Technology Licensing. The company has been transitioning its software focus from Status Machine Edition to Status Enterprise and our IoT Platform. Commercial Software Sales were up 15% compared to the same quarter last year, Status Enterprise and IoT Platform software sales now make up the largest share of commercial software revenues. Commercial Software revenue for Q3 2015 was the best quarterly result in the past 8 quarters. We expect this trend to continue with commercial software sales increasing in 2016 due to demand growth in Status Enterprise, our IoT Platform and increases in recurring support which have started to influence revenue.
Our IoT Platform launched this spring has produced some initial customer wins including an enterprise IT management solution for one of Taiwan's leading telecommunications companies, commercial office space monitoring in Africa, and solar panels in Singapore. Status Enterprise has also had customer wins including a deployment in South America for one of the world's largest copper producers. United States deployments include monitoring irrigation systems at a public University campus and multiple deployments for commercial boilers and aqua culture. B-Scada has also established relationships with a leading hardware provider who will start bundling our software with their hardware in Q4 2015.
Our plans for 2014-2015 included establishing our IoT Platform, increasing our European presence with the opening of our subsidiary in Spain, and expanding the languages the company operates in from English only to English, Spanish and Portuguese. The opening of our Spanish branch has been a success.
Plans for 2015-2016 will be growth focused, establishing Monitor Sensing Technologies Inc. (MST) our sensor technology arm which focuses on providing low cost sensors for the residential and light commercial market. Our Status Enterprise and IoT Platform will be enhanced to include connectivity to MST sensors and basic maintenance management capabilities. This new functionality - along with our existing monitoring, notification and workflow - will result in a true predictive maintenance solution for SCADA and IoT.
As a whole, these efforts will position B-Scada as a global 'go to' company for monitoring of live data. From monitoring a hotel room or simple commercial boiler to controlling an assembly line or monitoring key point indicators for a group of power plants, B-Scada can provide end to end solutions including local or cloud based software, sensors, consulting and professional services.
Consolidated Statement of Operations (Unaudited)
About B-Scada
Your right. Thanks for clearing that up.
I believe this contract has been ongoing (so not really a "new" contract win), and they are releasing a case study now, detailing how B-Scada's software has been beneficial to one of the largest and complex transit systems in the world. Its a good validation of what B-Scada offers and hopefully displaying the benefits will give other large companies and organizations the confidence to sign on as a new customer.
Another really good sale!
B-Scada Provides Web-Based Monitoring System for One of World’s Largest Metropolitan Subway Corporations
Monday, August 17, 2015
CRYSTAL RIVER, FL: B-Scada, Inc. (OTCQB: SCDA) has announced a new case study detailing the deployment of a web-based monitoring system for 5678 SMRT Corporation, operators of the largest and most extensive metropolitan subway system in the Republic of Korea. The systems allows SMRT's numerous operating personnel to have constant, immediate access to real-time data as it is needed, giving them an opportunity to provide the high quality service their customers have come to expect.
SMRT had an existing HMI solution in place, and needed a way to extend their current system so that no work was wasted. System integrator, SangKee, of Jeo & JongBo describes the project: "The solution had to be able to cover larger operations over many divisions, in some cases over different networks. By using B-Scada's software we were able to provide a flexible and very powerful solution to our subway engineers".
With a total of 148 stations, 5678 SMRT serves 2.7 million passengers per day with a total reach of almost 152 kilometers. SMRT stands at the core of Seoul's public transportation system and is recognized as the world's fourth largest metropolitan subway corporation. With an enormous customer base and over 6,000 employees, SMRT operates a vitally important component of metropolitan Seoul's infrastructure. Millions of people rely on SMRT's service every day, and the corporation takes great strides to remain at the forefront of rapid transit service options.
SMRT prides themselves on the implementation of state-of-the-art technology, clean environment, safe and on-time operation, along with a variety of convenience facilities for their passengers, all while keeping SMRT an industrialized, innovative, customer-oriented corporation.
Read the full case study here: http://scada.com/Content/Case_Studies/caseStudy_SMRT.pdf
There may be one possible angle w/ VZ and AT&T. SCDA mentioned that telecoms may be able to recommend B Scada's systems to their commercial and industrial clients for IoT. Not sure precisely how that would work or who they are referring to, but if Verizon, for example, recommends using our platform to visualize data to all their clients, that could be a big deal. It could scale and SCDA would start getting subscription customers instead of a one-shot contract. As it sits now, we know the next couple of Q's may not be exciting and if they expand their sensor line, they may need some additional funding. But at @ 8 million market cap at the moment, and a list of big name customers that are already using us, there seems to be a big opportunity here as the IoT space goes prime time. The SCADA market continues to grow and they will benefit from this as well. Fingers crossed they market it happen.
I wonder if they can do the same for Verizon or At&t.. I can always dream.
I agree and was wondering the value as well. Their partner is doing the installation work-and they must get a cut of the $-but its definitely nice to see another industry-leading company deploying B Scada software.
This looks like a good sale. I wonder what the value of it is.
Leading Taiwanese Telecommunications Company to Deploy B-Scada’s Software for IT Management
Tuesday, August 4, 2015
CRYSTAL RIVER, FL: B-Scada, Inc. (OTCQB: SCDA) has announced today that their trusted partner in Taiwan, Foreshow Information, is overseeing the development and deployment of an enterprise IT management solution for one of Taiwan's leading telecommunications companies. The customer is using B-Scada's Status Enterprise software to consolidate, organize, and visualize data gathered by heterogeneous enterprise-wide IT systems. This will allow them to visualize the data in real-time through centralized dashboards customized to their needs.
Nice to see some recent news regarding Status Enterprise monitoring of one of the largest copper mines in the world, and VoT deployment at 4 African health clinics (remote monitoring and control of solar energy). There exists many opportunities for B Scada's products, both domestically and internationally.
http://scada.com/News
Some color added to the earning report. As expected, 2015 isnt shaping up as well as expected. However, sounds like lots of things happening behind the scene and 2016 should be much better.
Management Commentary:
"Our strategy for this fiscal year continues to focus on increased marketing activities growing our brand awareness and presence which will result in losses for the year. We expect to return to profitability in the next fiscal year.
"Status Enterprise pilot projects continue, but have not generated expected revenues. Status Enterprise sales to date have been smaller pilot deployments which have not yet translated into additional licenses. Our newly launched low cost sensors are already producing revenue. Sales include two sales to Africa for monitoring of commercial hotels solar panels on commercial buildings. Monitoring of these deployments will be done on a subscription basis using the B-Scada VoT Platform.
"Our IoT system has been impressive since launching in the spring. We have partnered with several sensor manufacturers to allow their sensor data to be used within the VoT Platform. Some are working on bundles including sensor hardware and B-Scada software. We are in negotiations to have our IoT Platform promoted by two significant cellular carriers. We have equipment manufacturers evaluating the system to be used as a monitoring solution to be white labeled and distributed with their equipment. Other opportunities with partner companies include water/waste water, smart cities and data centers.
"Our outlook for fiscal 2015 will be for lower than expected revenues for the last two quarters due primarily to the slow-down in the petrochemical sector, and the slow uptake of additional Status Enterprise licenses. We are however extremely optimistic for fiscal 2016, expecting growth in our Spanish Subsidiary, sensor sales and IoT platform. We also expect Status Enterprise licenses to increase and are seeing demand for training growing.
"We would like to thank our shareholders for their continuing support."
I think Ron & Co are smart in spending their precious cash on going to these industry conferences. They can get their name out there, showcase their products to customers and industry folks, and make some connections and maybe partnerships. They wont get noticed in Crystal River, FL so they need to get out there and go big...or, at least, act big until they make it. Nice to see their name mentioned as a IoT innovator along-side some much larger names:
http://www.roboticstomorrow.com/news/2015/05/29/-2015-sensors-expo--conference-to-feature-the-industry%E2%80%99s-most-innovative-sensor-technologies-and-applications-/6148/
A lot of these companies specialize in making sensors. Great, now use our platform for monitoring with those sensors. Lots of partnership potential. And for customers looking for a complete, bundled package - visualization platform and sensors - we offer that, too. Hopefully it was a successful trip out west.
Wish today's news release of the 10Q (found on the company website) had a little color on the future, but the 10Q had some good insights.
I agree with your post.. The IoT market will grow very quickly and be huge all SCDA needs is a small portion of that market. When the stock market see this coming the entire sector should move.
Thats what i'm hoping for.
I like Ron and I think he has a vision to make this a much larger company. As the largest shareholder, his interests are also aligned ours. He makes calculated steps with an eye towards expenses, margin, incremental growth and overall long term vision. Thats my take and thats why I just sit on my shares and see what he can do in the SCADA and IoT space.
Both the SCADA and IoT markets present large, growing opportunities for the company. Just two long term contracts have pretty much been the revenue generators for the company. If they started converting some of these pilot programs to large contracts, I think that would make the company solidly profitable and the stock would react accordingly. As it stands now, the initial launch of Status Enterprise hasnt resulted in the sales that were hoped at this stage. Thats disappointing but its still early and the 10Q stated something to the effect of "interest is increasing." They also see a lot of opportunity in the IoT space using their platform and realize customers are looking for a one-stop-shop visualization package which includes everything needed to monitor a device..so they are adding sensors to their mix so the customer will have everything they need via B-Scada instead of piecing it together themselves. One section in the 10Q states they have enough cash on hand for the next year, and another states they may need more cash to expand the line of sensors to meet customer needs, as they dont want to miss out of the great opportunities they have in front of them. Whatever happens, I have faith in Ron that he will do what he feels is best for the company's success (and in the interest of shareholders). The last capital raise was $800k, if I remember correctly, so fairly modest, not diluting the shareholder too heavily yet have some cash to grow the company.
So I realize that some many see a slight y/y loss in EPS and revenue as a bad thing, I see this as a transitional phase where Ron is lining up the ducks to have the people and tech in place to capitalize on the opportunities in front of them. We will see.
Good volume today and no big drop in price, that tells me the market agrees with you.
SCDA 10Q.
I did a Quick glance. Their revs were basically unchanged from last yr, and they swung to a less than 1 cent per share loss. Not really surprising as one of their main customers in the oil/gas industry cut back on their services. The good news is it sounds like this customer plans on going back to full steam in the Fall. Status has been slower than anticipated, which is disappointing to me and reflected in the low stock price, but they are confident in future success and have many pilot programs in place that hopefully will be converted to large license deals. Then they seem very excited about the IoT's prospects and the initial feedback they are receiving. Spain has been a drag on costs but SCDA expects they will start benefiting from the new office at the end of 2015 or next yr. So sounds like good things ahead for those willing to wait. Probably a good stock to accumulate on weakness and keep your fingers crossed that some of these deals in the works start getting converted to sales, and then IoT platform starts to achieve success.
"B-Scada believes that there is huge growth opportunity for B-Scada in the IoT market. In order to capitalize on this growth B-Scada will need to produce a complete line of sensor products, more than the several currently being developed. In order to ensure we have product on hand for orders and to ensure we achieve the largest possible margins on the sale of the sensor hardware, manufacturing will need to be done in quantities that allow for the lowest possible per unit price. This would require B-Scada to hold a sizeable inventory of sensors. Marketing activities has been stepped up in 2015 and activity for the company has been brisk. With our current staffing levels we are finding it difficult to adequately support the number of pilot projects and evaluations we have for Status Enterprise. In addition, B-Scada currently has four companies that are evaluating Status Enterprise as a data visualization solution to be marketed and sold with their existing hardware and/or software products. There is some integration work required before these systems will be available on the market, but the opportunities look promising. In order to address all these concerns, we may need additional financing to adequately support this growth. Failing to do so may result in considerable lost opportunity.
We have completed the process of transitioning to Status Enterprise to be our primary product focus. Status Enterprise was fully launched in the spring of 2014. Revenue from this product started to materialize towards the end of 2014, but has not picked up steam as anticipated. We have many pilot projects in place and growing interest in the system, however the number of licenses purchased on each sale has been small. This is due to customers being cautious as this is a new platform. Many of the initial customers have indicated additional licenses will be required as their projects transition from pilot to production, so we expect an increase in the license sales in future quarters. Interest in the system, both from SCADA and IoT prospects, has been increasing due to our surge in marketing and tradeshow activities. We also have a sensor manufacture who is now piloting the sale of hardware and software bundles to their customers, including Status Enterprise as the visualization solution. We are confident that the system will be successful.
We entered into two new long-term licensing agreements at the end of the first quarter of fiscal 2013. In fiscal 2015 and 2014, customer development services from these customers accounted for most of the increase in technology licensing and support revenues. Demand for these services has dropped off as one of the customers is a petrochemical company and is reducing expenditures. They have indicated the consulting service required of B-Scada will resume in the fall of 2015. We continue to implement our strategic goals to generate increased revenues from the sales of our products and services. Service revenues include revenues from fees charged for the implementation of our software products and training of customers in the use of such products. We are currently selling our software over the internet and are marketing our products and services to companies which may want to license or joint venture some of our software applications. New product and services revenue from our IoT initiatives will begin to influence our revenue towards the end of 2015. Revenue from our offices in Spain will be minimal for 2015 as it is the first year of operations, but are still expected to contribute to our overall revenue for the year. In the six months ended April 30, 2015, Spain generated $62,333 in technology licensing and support revenues and $9,018 in commercial software revenues."
now let's get some sales, boys...
B-Scada Brings the IoT to Life with New Wireless Sensors and Monitoring Technology
8:00 am ET June 2, 2015 (PR Newswire) Print
B-Scada, Inc. (OTCQB: SCDA) has announced that this year's Sensors Expo and Conference in Long Beach, CA will witness the launch of a new line of low-cost wireless sensors for residential, commercial, and industrial use. The event will be held at the Long Beach Convention Center from June 9-11. B-Scada will exhibit their technology throughout the expo at Booth #709. The sensors, however, are only part of the story.
https://photos.prnewswire.com/prnvar/20150601/219967
B-Scada has long offered software tools to improve efficiency, reduce resource consumption, and enhance safety in heavy industry, providing data visualization solutions to industrial customers on a global scale. They now offer the hardware needed to add intelligence and control to physical systems for retail, commercial, and light industrial customers as well.
By providing both the sensors and software to make everyday objects more intelligent, B-Scada is making the IoT (Internet of Things) accessible to many consumers who want to take advantage of IoT technology, but don't know how to start.
B-Scada CEO, Ron DeSerranno, explained the desire to expand the company's product offerings: "From our experience at various IoT tradeshows, it has become apparent that customers are looking for complete solutions instead of trying to piece together a solution from various vendors."
B-Scada's sensor customers can subscribe to a web-based monitoring service to access their real-time sensor data and configuration options. The hosted solution also provides configurable alarms and a messaging service that allows alarm notifications to be sent by email.
Customers looking for a more robust solution can use B-Scada's Virtualization of Things (VoT) Platform to develop a custom monitoring solution with custom graphics, analytics, workflow, and user access control for additional security.
"While some sensor companies have software for viewing their sensor data, the software is very limited in its abilities and can only be used with data from that one company," Mr. DeSerranno said. "B-Scada software will work with B-Scada sensors as well as sensors and hardware from hundreds of other companies, allowing for sophisticated systems that aggregate data from multiple hardware sources into custom solutions for commercial and industrial customers."
In addition to B-Scada's sensors, the VoT Platform provides connectivity with sensors from other manufacturers like Monnit and B&B Smartworx, as well as ODBC databases or any of the thousands of data sources available through OPC.
The VoT Platform can be hosted and served locally or distributed as a service (SaaS/PaaS). Learn more about B-Scada's sensors and monitoring platform at http://votplatform.com.
About B-Scada
B-Scada, Inc. develops solutions for the acquisition, logging, visualization and analysis of real time data for the monitoring, management, and optimization of assets and processes over networks both local and remote. B-Scada's IoT (Internet of Things), SCADA (Supervisory Control and Data Acquisition) and HMI (Human Machine Interface) systems are deployed worldwide in the petrochemical, electricity distribution, transportation, facilities management, manufacturing, finance and IT industries. Learn more at http://scada.com.
B-Scada PR ContactCorporate Communications B-Scada, Inc.corporatecommunications@b-scada.com
Photo - http://photos.prnewswire.com/prnh/20150601/219967
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/b-scada-brin
I think i'll keep this stock another 5 years
From the last 10q..
One new area B-Scada is looking at is IoT (Internet of Things). The software products we offer fit very well with this new growth industry. In 2015 we have started new marketing and product initiatives in this space using our existing technology. From various trade shows we have attended, it has become obvious that many potential IoT customers are looking for turnkey solutions and do not want to develop them themselves. We will be investigating offering additional products alongside our software, including sensors, and will be expanding our efforts to partner with other companies in the IoT space to help deliver more complete solutions to the market.
SCDA seems to have quietly re-branded themselves as more of a IoT company and are moving away from the SCADA branding. The two are inter-related but I think B-Scada seems to realize there may be more upside in the future (in terms of both deal-making and interest in the stock) if they make this shift. That's just my observation with the latest group of pr's, alliances, and conferences...but I could be jumping to a conclusion there.
They have opened an office in Europe (Spain), expanded the number of employees in the Florida headquarters (including a new VP of sales), and released several upgraded versions of their software, as well as sponsoring and speaking at several industry conferences. Now that the foundation has been laid to take B-Scada to the next level, they need to close some meaningful deals to get the company back on track to solid financial footing and profitability.
I will also note that the company doesnt release all of their news as pr's for the newswire. You can find the latest news on their website: www.scada.com
Thats only 5 years from now… Just my opinion
I think this little company may have a lot of room to grow..
Tech More: Mobile Insights Internet of Things
Morgan Stanley: 75 Billion Devices Will Be Connected To The Internet Of Things By 2020
TONY DANOVA
OCT. 2, 2013, 4:16 PM 17,444
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130502212037 internet of things graphic story topCNN
ReadWrite discusses the current state of the Internet Of Things and just how big the market can get in the near future.
Cisco thinks about 50 billion devices will be connected by 2020, after coming out with an earlier analysis in January that claimed 8.7 billion connected devices in 2012.
A separate analysis from Morgan Stanley feels that number can actually be as high as 75 billion, and also claims that there are 200 unique consumer devices or equipment that could be connected to the Internet that have not yet done so.
There's no reason to doubt that devices connected to the Internet Of Things will soon be flooding the mass market. We'll see compact, connected sensors and actuators make their way onto everyday consumer electronics, household appliances, and on general infrastructure.
Networks and semiconductor manufacturers no doubt will benefit from this movement, but big data vendors should also be cheering. With any and all things connected to the Internet, that opens up more real-time data inventory to sell. Read >
In other news...
Leaf, a mobile payments point-of-sale technology provider, has received a $20 million investment from Heartland, a payments processing company whose clients include many small businesses. (All Things Digital)
Facebook will offer mobile ad clients a new way to drive user engagement through the successful mobile app install ad platform with targeted ads, which will present users with app-linked buttons like "Use App," "Book Now," or "Shop Now." (TechCrunch)
Logitech will take advantage of Apple iOS 7 and its new ability to support gamepads for Apple devices. (GigaOm)
Forbes looks at the downside to hiring Alan Mulally, current CEO of automaker Ford, as the next CEO of the embattled Microsoft. (Forbes)
The World Wide Web Consortium provided a detailed document that summarizes all of its newly updated its standards for mobile web applications. (W3C)
Panos Panay, head of Surface tablets at Microsoft, claims his team is working with new screen sizes and aspect ratios for future Surface tablets. (GeekWire)
Yahoo will bolster their popular Sports mobile product with the acquisition of Hitpost, a app development firm that specializes in social sports apps. (TechCrunch)
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Read more: http://www.businessinsider.com/75-billion-devices-will-be-connected-to-the-internet-by-2020-2013-10#ixzz3adf2a6zO
Wednesday, April 1, 2015
CRYSTAL RIVER, FL: B-Scada, Inc. (OTCQB: SCDA) has announced the release of the latest version of their popular SCADA application, Status Enterprise. Several new features were announced, as well as several enhancements to usability. Status Enterprise is currently deployed worldwide in numerous industries including manufacturing, energy management, building automation, agriculture, finance, IT and more. Because Status Enterprise can solve such a wide range of industrial and commercial problems, B-Scada has been fortunate to interact with customers in many industries around the world, enabling them to build and improve Status Enterprise based on real world feedback. This latest version promises improved performance and several new features, including:
Enhanced appearance and usability of Scatter and Bubble Charts
Enhanced Workflow Performance and Usability
New Quality Alarm
Ability to Set Workflow Conditions Based on Data Quality
Web Support for the Set Value Button and Calendar Control
New Data Connector for B+B SmartWorx Sensors
B-Scada continues to innovate software solutions that are redefining the traditional boundaries of SCADA systems. With the ability to communicate with thousands of potential devices and databases, Status Enterprise connects industrial processes to business processes and users in real time, providing a data visualization platform that transforms operational data into actionable intelligence. Status Enterprise is improving efficiency, increasing productivity, and enhancing safety in workplaces daily.
SCDA has been acting like a dog. Its a tough balancing act to grow staff and locations like they have been doing, and at the same time remain profitable. Didnt happen last Q so the stock took a hit. The positive is Spain office is up and running and now SCDA is going after the big IoT market as well as continuing to sell their new version of Status. Big markets for a little company. Hoping for the best!
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS.
Phillip Brown has been hired by the Company as Vice President of Sales. He will commence work with the Company as a full-time employee at will on March 2, 2015. Mr. Brown, age 54, was a lead salesman/product manager for InSource Software Solutions from 2011 to 2013 and was an industrial computer hardware salesman for InSource Software Solutions from 2007 to 2011. Prior to 2007 he was a lead salesman and product manager for controls hardware/software for Cross Automation (formerly called Motionex, Inc.). He has been an independent consultant since 2013.
ITEM 8.01 OTHER EVENTS.
On February 6, 2015 Debra Gardner resigned as Corporate Investor Relations Officer of the Company in order to pursue other opportunities.
----------
https://www.linkedin.com/in/phillipalanbrown
That is really cool. I think it will be a big seller. I also read through the annual report.
I can't believe this is at $0.50 ….unreal
More news. Check out the url at the very bottom to learn more about B-Scada's new initiative on IoT (and their trademarked "VoT")
B-Scada Announces Launch of Innovative New IoT Initiative
8:10a ET January 28, 2015 (GlobeNewswire) Print
B-Scada, Inc. (OTCQB:SCDA) has announced the launch of a new initiative for the Internet of Things (IoT). The initiative allows real world objects and other sources of data to be represented in a virtual model that retrieves live data from any number of different sources. Virtualization enables real-time monitoring and management of these objects in a structured environment that can include any number of items at any number of locations. The initiative, known as VoT (Virtualization of Things), leverages B-Scada's software technology to create an open system that consolidates and organizes disparate data, transforming it into actionable information that can be visualized in customizable user interfaces on any device from anywhere with a web connection.
B-Scada's VoT technology is available as an extensible, open platform that allows users to create their own custom IoT applications, or it can be deployed as a hosted, cloud-based solution implemented and managed by B-Scada.
The VoT Platform can receive data from hundreds of potential data sources, and new or custom data sources can be added with relative ease. By managing people, places, and/or things in a virtualized environment, users are creating a unified data management system that allows any and all virtualized data to access the many features of the VoT Platform, including:
-- Alarming
-- Analytics
-- Reporting
-- Time-based or Condition-based Workflow
-- Security (User Roles and Workspaces)
-- Web Accessibility on Any Device
Virtualization is the enabling technology that makes the Internet of Things a tangible reality. With this initiative, B-Scada introduces a new generation of software that will transform the way we live and work with the world around us. To learn more about VoT, visit: http://votplatform.com
Interesting B-Scada has 19 employees now. Thats a big jump. Sounds like they are getting into the Internet of Things area. I like the opportunity they have in front of them, and they seem to be confidently going after it. Just hoping they can diversity their customer-base this year so they arent so reliant on their top 3 costumers.
I need to comb through the 10-K again but the tone continues to be a company on the rise...and with SCADA and IoT projected to grow quite a bit in the next several years, SCDA could gain some attention from the investors and traders.
This is a stock to hold.. sooner or later the market will wake up to it. JMO
B-Scada’s Fiscal Year-End 2014 Results Include Record-Setting Quarter
Tuesday, January 27, 2015
CRYSTAL RIVER, FL: B-Scada, Inc.(OTCB:SCDA), a software solutions provider specializing in compelling visualization technology and HMI/SCADA products, today reported financial results for its year-end 2014 (FYE14) compared to year-end 2013 (FYE13). Some of the 2014 highlights included in the report:
FYE14 highlights compared with FYE13:
Revenues were $2.038 million, an increase of $490,040 or 32% from $1.548 million
Service revenues were generated from implementation of our software products and custom training provided to customers
Net Income increased 18% to $1,029,563 an increase of $158,315 from $871,248
2014 Q4 was a record-setting quarter for B-Scada, with quarterly revenue reaching $620,000
B-Scada's release of Status Enterprise in early 2014 has been received well by the marketplace and currently has multiple deployments throughout various industries. Status Enterprise is currently deployed for power plant monitoring, glass manufacturing, boiler monitoring, plastic molding and more.
As we have become more widely known we've also implemented several pilot programs in multiple countries and varying market sectors, including energy and water management, robotic stamping, fleet management, and mining, with more than a dozen other pilot programs around the world.
"We feel that B-Scada is positioned quite well to take advantage of new developments in the marketplace. With many companies expecting to invest heavily in M2M (machine-to-machine) and IoT (Internet of Things) projects in the coming year, there is likely to be significant interest in the open platform that we provide," said Ron DeSerranno, CEO. "The increases in revenue we are seeing are a reflection of the growing demand for our technology, as well as the increased confidence the market has in our products and expertise,"
B-Scada Announces the Release of Status Enterprise 3.0
B-Scada, Inc.
6 hours ago
GlobeNewswire
????
CRYSTAL RIVER, Fla., Jan. 6, 2015 (GLOBE NEWSWIRE) -- B-Scada, Inc. (SCDA) has announced the release of version 3.0 of its management-level SCADA application, Status Enterprise. In early 2014, B-Scada (Beyond SCADA) revolutionized the SCADA industry with the initial release of Status Enterprise by introducing information modeling for more intelligent data management and enterprise-wide visualization. Additionally, Status Enterprise leveraged the power of HTML5 to enable web and mobile access to HMI/SCADA visualizations without the need for Java or ActiveX. With the latest version of Status Enterprise, B-Scada has made significant enhancements to usability and introduced several new features:
Workflow for time-based or condition-based task automation
Real-time and historical Reporting
New History Viewer and Audit Viewer
Enhanced Database Utility
Enhanced Trend Control with new runtime configuration options
Web Support for the Data Grid Array Control
Enhanced Web support for security settings
Direct data connectivity for Modbus and Microsoft Excel
B-Scada continues to distinguish itself as a leading name in data acquisition and visualization technology, and with this latest product release is positioning itself to lead the next generation of software products into the new era of connected devices and the industrial internet.
About Status Enterprise
Status Enterprise is a management-level HMI/SCADA System to visualize real time data and alarms, manage and organize assets, integrate with other enterprise systems, collaborate, analyze and archive data. Status Enterprise can bring together and organize plant floor data with other enterprise information, allowing users to improve the efficiency and quality of their operations by making faster, better-informed decisions. Used in various industrial and commercial vertical markets, Status Enterprise is best suited for monitoring and managing large numbers of assets and assets that may be in different locations. Data connectivity for Status Enterprise includes OPC UA, OPC DA, Modbus, HART, Excel, SQL and ODBC data sources. Custom data sources can be supported.
Well written overview. I think this is new:
http://en.wikipedia.org/wiki/B-Scada
Geez, the spread between the bid and ask on SCDA is ridiculous. Currently 16 cent spread, which equates to a over $4M market cap loss or gain on a single share that is traded.
That's a good contract. More importantly, it shows the scope of the market B-Scada can capture. There things to monitor all over the world, whether it be hotels, manufacturing plants, transportation, energy, etc. A 242 room hotel in Algeria is just the tip of the iceberg if B-Scada and their partners can sell Status effectively.
I think it's great news from an honest CEO.
Thanks for posting.
SCDA posts an update
http://finance.yahoo.com/news/b-scada-reports-preliminary-32-130000128.html
Doesn't take much volume to get this moving.
I'm wondering how sales are progressing. The quarterly filing sounded like things were going well, so surprised they havent been pr'ing contract awards. I guess we will learn more in time. As for now, nice to see the stock creeping up.
SCDA 0.60 new high
B-Scada’s Status Machine Edition Software Deployed for IT Management in Taiwan
Tuesday, November 11, 2014
CRYSTAL RIVER, FL: B-Scada, Inc. (OTCQB: SCDA) has announced today a recent deployment of their Status Machine Edition HMI software. Foreshow Information Co. LTD, a trusted B-Scada partner, has used B-Scada's software to implement an IT management system for monitoring Active Directory and Exchange servers through fully integrated and intuitive dashboards designed using the Status Vision Designer. The extensibility of Status Machine Edition allowed Foreshow to develop a custom data source to expose the server data in real time for presentation on the customized dashboards. Monitoring and interpreting this data in real time without the complicated and cumbersome user interfaces and reports of other monitoring tools has allowed IT administrators to realize a reduction in downtime and support costs associated with Active Directory and Exchange servers.
While Status Machine Edition is used to monitor and control a range of industrial processes in industries like manufacturing, water treatment, and transportation, this deployment serves as yet another example of how B-Scada's data visualization software can be extended or customized to solve a wide range of business problems in nearly any industry.
About B-Scada, Inc.
B-Scada specializes in the compelling visualization of real-time data. Its visualization technology and SCADA products are deployed in manufacturing, power & utilities, transportation, petrochemical, building automation, and other fields of business where visualization of real time data is critical. B-Scada's in-house expertise and experience has provided them the opportunity to partner with companies from various vertical markets, and assist them to develop custom solutions that meet their specific needs. B-Scada's goal is to help clients transfer real-time production and operational data into actionable information through graphically-compelling, functional, and intuitive user interfaces.
B-Scada PR Contact
Debra Gardner
Corporate Communications
B-Scada, Inc.
dgardner@b-scada.com
Considering revenue was $570k last Q, an additional $500k (averaging out to $125k ea Q) would certainly be a significant contributor to 2015 revenue growth. Its interesting how Ron could even venture to guess would how successful the new venture would be. I dont know if its pie-in-the-sky or if he and Coneti can gauge interest somehow. Anyway, certainly seems like a positive development. The market they are targeting is large so upside (possibly significant upside) is certainly a possibility (as is coming short of expectations). Hoping Captain Ron can guide this ship to $1+ sooner or later.
The news is talking about a double dip recession in Europe , so if they can really do $500,000 that is saying something. Ron seems like a CEO you can trust…. Time will tell… Just my opinion
Yeah, on the surface, sounds like the capital raise is going to good use. Not sure the dynamics of the agreement w/ Coneti, but I'm sure we will learn more in the next SEC filing. Adding $500k in sales right off the bat is good but hopefully this is just a starting point and springboard for much larger international revenue in the future. And I'm encouraged by "will produce an immediately successful company." I read that as adding to EPS from the start (?). That would be great. Ron seems to have a vision to grow the company but also has an eye on managing the day-to-day in a prudent way.
Wow this is great news..This combination of technology and talent will produce an immediately successful company." B-Scada estimates that the Spanish subsidiary could contribute $500K to annual revenues in the first year of operations... It seems to be a good use of the money from the sale of stock.
B-Scada Subsidiary Opens in Spain
CRYSTAL RIVER, FL--(Marketwired - Nov 3, 2014) - B-Scada, Inc. (OTCQB: SCDA) announced today the opening of its Spanish subsidiary. The subsidiary will provide improved sales, service and support to Spanish and Portuguese speaking customers worldwide. "B-Scada Spain will help us attract new customers and communicate better with our existing customers," says Ron DeSerranno, CEO for B-Scada. "Business is conducted differently in different parts of the world, and the office in Spain will provide a new point of contact for our LATAM (Latin America) and EMEA (Europe, Middle East and Africa) resellers and end users." Coneti Consultores, a Spanish consulting firm and reseller of B-Scada systems, will be providing the initial talent and management for the new company. "Coneti knows our systems, knows our staff and has delivered many successful software and hardware systems over the past several years," says DeSerranno. "They also have successful deployments of B-Scada systems in Spain and Angola, including the first deployment of Status Enterprise in a manufacturing environment. This combination of technology and talent will produce an immediately successful company." B-Scada estimates that the Spanish subsidiary could contribute $500K to annual revenues in the first year of operations. The new company will also be seeking talent to grow the business in Spain and is looking forward to meeting companies that may require B-Scada products and services.
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For the Three Months Ended | For the Six Months Ended | |||||||||||||||
April 30, | April 30, | |||||||||||||||
2011 | 2010 | 2011 | 2010 | |||||||||||||
Revenue | $ | 101,389 | $ | 171,257 | $ | 511,921 | $ | 518,280 | ||||||||
Operating Expenses | ||||||||||||||||
Payroll Expenses | 177,131 | 157,241 | 333,195 | 304,265 | ||||||||||||
Consulting Fees - Share Based | -- | 16,056 | 1,459 | 59,904 | ||||||||||||
Professional Fees | 35,934 | 39,602 | 49,662 | 49,864 | ||||||||||||
Advertising | 25,607 | 4,504 | 29,661 | 12,564 | ||||||||||||
Depreciation and Amortization | 3,485 | 3,375 | 6,969 | 6,534 | ||||||||||||
Consulting Fees | 1,765 | 16,787 | 24,178 | 28,715 | ||||||||||||
Office | 7,429 | 3,356 | 11,898 | 6,742 | ||||||||||||
Rent | 10,054 | 6,621 | 19,443 | 13,242 | ||||||||||||
Telephone and Communication | 2,579 | 2,771 | 5,524 | 6,071 | ||||||||||||
Other | 7,553 | 11,914 | 20,476 | 21,831 | ||||||||||||
Total Operating Expenses | 271,537 | 262,227 | 502,465 | 509,732 | ||||||||||||
Operating Income (Loss) | (170,148 | ) | (90,970 | ) | 9,456 | 8,548 | ||||||||||
Other Expenses | ||||||||||||||||
Interest Expense | (1,008 | ) | (1,008 | ) | (2,017 | ) | (2,017 | ) | ||||||||
Interest Expense - Related Party | (2,016 | ) | (2,016 | ) | (4,032 | ) | (4,032 | ) | ||||||||
Total Other Expenses | (3,024 | ) | (3,024 | ) | (6,049 | ) | (6,049 | ) | ||||||||
Income (Loss) Before Income Taxes | (173,172 | ) | (93,994 | ) | 3,407 | 2,499 | ||||||||||
Provision for Income Taxes | -- | -- | -- | -- | ||||||||||||
Net Income (Loss) | $ | (173,172 | ) | $ | (93,994 | ) | $ | 3,407 | $ | 2,499 | ||||||
Net Income (Loss) Per Common Share - Basic and Diluted | $ | (0.01 | ) | $ | -- | $ | -- | $ | -- | |||||||
Weighted-Average Common Shares Outstanding - Basic and Diluted | 24,586,672 | 24,573,305 | 24,586,672 | 24,498,719 |
Mobiform Software Reports Profitable Quarter
==========================================
Marketwire - Mar 14 at 17:00
Company Symbols: NASDAQ-OTCBB:MOBS
CRYSTAL RIVER, FL -- (MARKET WIRE) -- 03/14/11 -- Mobiform Software Inc. (OTCBB: MOBS), a software developer that enables the visualization of real time data, today announced the continuance of its growth achieved in 2010.
Revenue for the quarter was $410,532, an 18% increase over $347,023 for the same period last year. Net income nearly doubled, from $96,493 in Q1 of 2010, to $176,579 for the quarter just closed resulting in a modest net income per share for the first time since Mobiform's inception.
Allen Ronald DeSerranno, President & CEO, said, "We are pleased with our success to date, and appreciate the continued support of our valued shareholders. As our products are deployed and accepted in the marketplace, we anticipate that the company's growth and prosperity will continue. While the bulk of this increase was in technology licensing, we are seeing an uptake in our HMI (Human Machine Interface) and SCADA (Supervisory Control and Data Acquisition) business, and believe this will become our primary source of revenue in time."
Mobiform specializes in the compelling visualization of real-time data and has produced exceptional data visualization solutions for manufacturing, power & utilities, automation, and other fields of business making use of HMI and SCADA software products. Mobiform leverages Silverlight, Windows Presentation Foundation and Windows Azure by Microsoft in the development of its products.
Mobiform PR Contact: Kathleen O'Keefe Mobiform Software Inc. Tel: (352) 564-9610 kokeefe@mobiform.com
Source: Mobiform Software, Inc.
MOBS.. $0.0408 Mobiform Software
Headquarters: 1255 N Vantage Pt. Dr. Suite A Crystal River, FL 34429 | |
Web Address: http://www.mobiform.com |
SHAREHOLDER LETTER..
Dear Valued Shareholders,
Mobiform would like to thank you for your continued support and would like to provide you with this update on the performance of the company.
Our revenue for the 9 month period ending 7/31/10 was $655,373, up from $67,177 for the same period in 2009.
2010 has been an encouraging year in terms of growth, and we hope to see continued growth in 2011.
July 31, | October 31, | |||||||
2010 | 2009 | |||||||
(Unaudited) | ||||||||
Assets | ||||||||
Current Assets | ||||||||
Cash and Cash Equivalents | $ | 122,656 | $ | 14,966 | ||||
Accounts Receivable - Net | 77,273 | 9,920 | ||||||
Prepaid Expenses | 3,080 | 47,801 | ||||||
Total Current Assets | 203,009 | 72,687 | ||||||
Property and Equipment - Net | 31,578 | 32,768 | ||||||
Other Assets | ||||||||
Security Deposits | 3,650 | 3,650 | ||||||
Total Assets | $ | 238,237 | $ | 109,105 | ||||
Liabilities and Stockholders' Deficit | ||||||||
Current Liabilities | ||||||||
Convertible Notes Payable | $ | 50,000 | $ | 50,000 | ||||
Notes Payable - Related Party | 100,000 | 50,000 | ||||||
Accounts Payable and Accrued Liabilities | 93,394 | 110,479 | ||||||
Deferred Revenue | 185,607 | 5,833 | ||||||
Common Share Liability | -- | 29,250 | ||||||
Total Current Liabilities | 429,001 | 245,562 | ||||||
Commitments and Contingencies | -- | -- | ||||||
Stockholders' Deficit | ||||||||
Preferred Stock, $0.0001 Par Value, 5,000,000 Shares | ||||||||
Authorized and Unissued | -- | -- | ||||||
Common Stock, $0.0001 Par Value; 100,000,000 Shares | ||||||||
Authorized; Shares Issued and Outstanding, 24,586,672 | ||||||||
at July 31, 2010 and 24,410,656 at October 31, 2009 | 2,459 | 2,441 | ||||||
Additional Paid in Capital | 7,097,811 | 7,036,413 | ||||||
Accumulated Deficit | (7,291,034 | ) | (7,175,311 | ) | ||||
Total Stockholders' Deficit | (190,764 | ) | (136,457 | ) | ||||
Total Liabilities and Stockholders' Deficit | $ | 238,237 | $ | 109,105 |
For the Three Months Ended | For the Nine Months Ended | |||||||||||||||
July 31, | July 31, | |||||||||||||||
2010 | 2009 | 2010 | 2009 | |||||||||||||
Revenue | $ | 137,093 | $ | 19,350 | $ | 655,373 | $ | 67,177 | ||||||||
Operating Expenses | ||||||||||||||||
Payroll Expenses | 145,402 | 146,356 | 449,667 | 448,759 | ||||||||||||
Compensation - Share Based | -- | 8,659 | -- | 63,336 | ||||||||||||
Consulting Fees - Share Based | 11,838 | 6,326 | 71,742 | 6,326 | ||||||||||||
Professional Fees | 34,957 | 30,827 | 84,821 | 130,619 | ||||||||||||
Advertising | 17,244 | 3,585 | 29,808 | 36,950 | ||||||||||||
Depreciation and Amortization | 3,393 | 4,580 | 9,927 | 16,175 | ||||||||||||
Consulting Fees | 16,082 | 13,708 | 44,797 | 42,175 | ||||||||||||
Office | 2,161 | 1,594 | 8,903 | 12,547 | ||||||||||||
Rent | 6,533 | 8,913 | 19,775 | 33,985 | ||||||||||||
Telephone and Communication | 3,182 | 2,715 | 9,253 | 8,799 | ||||||||||||
Other | 11,499 | 7,204 | 33,330 | 26,505 | ||||||||||||
Total Operating Expenses | 252,291 | 234,467 | 762,023 | 826,176 | ||||||||||||
Operating Loss | (115,198 | ) | (215,117 | ) | (106,650 | ) | (758,999 | ) | ||||||||
Other Income (Expenses) | ||||||||||||||||
Interest Income | -- | 1,034 | -- | 6,246 | ||||||||||||
Interest Expense | (1,008 | ) | (1,008 | ) | (3,024 | ) | (3,485 | ) | ||||||||
Interest Expense - Related Party | (2,016 | ) | - | (6,049 | ) | - | ||||||||||
Loss on Sale of Asset | (27,363 | ) | (27,363 | ) | ||||||||||||
Gain from Derecognition of Common Share Liability | - | - | - | 400,000 | ||||||||||||
Total Other Income (Expenses) | (3,024 | ) | (27,337 | ) | (9,073 | ) | 375,398 | |||||||||
Loss Before Income Taxes | (118,222 | ) | (242,454 | ) | (115,723 | ) | (383,601 | ) | ||||||||
Provision for Income Taxes | -- | -- | -- | -- | ||||||||||||
Net Loss | $ | (118,222 | ) | $ | (242,454 | ) | $ | (115,723 | ) | $ | (383,601 | ) | ||||
Net Loss Per Common Share - Basic and Diluted | $ | -- | $ | (0.01 | ) | $ | -- | $ | (0.02 | ) | ||||||
Weighted-Average Common Shares Outstanding - Basic and Diluted | 24,586,672 | 23,760,391 | 24,528,359 | 23,709,262 |
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