Omnitude - future value analysis
Omnitude is a revolutionary blockchain service that acts as a middleware and connects existing ecommerce technologies to the blockchain. It provides an effective means of achieving reliable inventory tracking, increasing security in e-commerce, encouraging consumer-business interactions, and preventing fake reviews that hurt real traders ( more here ).
The advent of technology has changed the way companies work. Automation and efficiency are now a reality that is achieved through various SaaS and applications that are used in every business of a company. As a result, the technologies that work in business have become an important market. In just three years, supply chain software sales are expected to grow to $ 20 billion.
Companies looking to develop and improve software for the supply chain have grown at double-digit rates over the last decade over the last decade. Most supply chain software includes companies that are publicly listed. I've reviewed their records with the SEC to determine the revenue they receive from their supply chain-related software products.
- SAP, a major German software vendor, generates annual sales of more than $ 3 billion through supply chain software alone.
- Oracle, the world's largest provider of enterprise software, manages 5% of its annual revenue from SaaS
- JDA Software Enterprise supply chain software development has been acquired for $ 1.9 billion.
- Infor, another SaaS provider, generates $ 105 million annually from its supply chain software.
- Manhattan Associates generates nearly a quarter of a billion dollars each year from its supply chain software alone
This list goes on but the point is clear: supply chain software is a massive market and the trajectory indication is extremely positive. Software Goliaths and boutique SaaS companies are equally involved in taking a piece of the pie, and this means that a new product, such as Omnitude, can easily penetrate the market.
Omnitude an opportunity
Omnitude takes advantage of existing supply chain software to a whole new level as it goes beyond focusing on the supply chain. It is built on the shoulders of existing technologies, works seamlessly with them, and provides an ecosystem where traders can benefit from the blockchain while leveraging existing technologies. This makes it possible to exploit the market value of the supply chain software.
Omnitude leverages the ability to link all existing software that companies use with the blockchain and allows it to be a platform rather than an application. In addition, it acts as a platform that can work seamlessly with existing infrastructure. This provides great comfort.
Omnitude enables companies to increase their data focus to ensure that lean processes reach new heights, allowing them to capture inventory and consumables unimpeded at every step of their product chain. This improves the reliability and safety functions and allows analysis to reduce potential technical or human errors.
When the basic supply chain software has reached ten-digit ratings, Blockchain provides an enhanced platform for all existing technologies and focuses on improved supply chain analysis and management while industry security is enormous.
Omnitude goes beyond the supply chain software because it combines all business operation technologies with the block chain developed on the Hyperledger. This allows this platform to leverage and build on one of the most established and reliable technologies to offer a business solution.
Omnitude will be able to leverage revenues for CRM SaaS, warehouse management software and established e-commerce development platforms. Each of these technologies includes individual software products worth tens of billions of dollars. Omnitude uses all of these markets to create a unique product that offers revenue from every technology category to ecommerce merchants.
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