InvestorsHub Logo
Followers 33
Posts 399
Boards Moderated 0
Alias Born 05/06/2020

Re: None

Wednesday, 03/10/2021 5:38:00 PM

Wednesday, March 10, 2021 5:38:00 PM

Post# of 63474
Back on July 27th 2020 was when BYOC first announced the agreement to acquire E.G. Insights and at that time it was anticipated it would add approximately one million to the annual revenue total.

The real benefit has to do with the fact E.G. Insights over a thirty-year period has cultivated an impressive global clientele list which means their data analysis offerings are well respected and provides BYOC with a great opportunity to cross-sell offerings with their solutions and customers resulting in additional revenues moving forward.

The addition of Astrid360 is very important strategic move on BYOC’s part as far as customer/client confidence. One of the first questions a potential customer/client related to the healthcare industry is going to ask a company is if their resources are HIPAA compliant. Penalties related to non-compliance can be very severe and just one violation can put an entity out of business. Another advantage of Astrid360 is it serves a traditional on-premise platform as well as cloud-based software services.

Covid has transformed most industries some more than others and there’s always pockets of opportunity to be found that can assist a company in establishing measurable growth.