In this video I’ll discuss the revenue-generating objectives of TransparentBusiness.
Our principal business is SaaS, which stands for Software-as-a-Service.
The best-known company in SaaS category is Salesforce.com, the company which has reached the market valuation of over 140 billion dollars and annual revenues of over 13 billion dollars by providing CRM solutions to B2B salespeople.
TransparentBusiness, on the other hand, can be used to monitor and coordinate ANY type of computer-based work, so our total addressable market is at least 20 times larger than that of Salesforce.com.
Needless to say, we have a lot of ground to cover, before we catch up with Salesforce.com in revenues and valuation, but that objective does appear to be achievable.
One of our demand-generating strategies is to make transparent verification of billable hours the new standard of public procurement. To this end, we’ve been demonstrating to legislators across the United States how transparency can save taxpayers billions of dollars, at zero cost and zero risk. Our efforts have resulted in legislators in 32 states introducing bills which seek to make such transparency mandatory for government contractors.
This strategy may result in over a million new users of TransparentBusiness, with corresponding annual revenues of 300 million dollars.
Importantly, such laws would result in many of major corporations becoming clients of TransparentBusiness and experiencing first-hand the benefits of transparent work-force management. As the result, we will have a chance to expand the government-mandated use of our platform to enterprise-wide use, growing the number of users to multiple millions and our revenues into billions of dollars.
In parallel, we seek to scale up our most important partnerships. For example, Google paid us for deploying the Google Talent Exchange and similar deals are pending with some other major companies.
Inter-American Development Bank contracted us to deploy an employment platform for Guatemala and this deal may be replicated throughout South and Central America, resulting in large number of users.
After we successfully completed a 1.3 million dollars pilot assignment for TeleworkSaudi, the Ministry of Labor invited us to submit a bid for 50 thousand licenses.
TransparentBusiness is an integrated partner of ADP, America’s largest payroll processing company; we negotiate similar partnerships with other major tech companies. Such partnerships may result in hundreds of thousands of TransparentBusiness licenses sold. We invite you to review our Private Placement Memorandum for a more detailed list of our partners and clients.
In short, we are trying to inform Corporate America and major international corporations that managing workers blindly is “so last century”.
It’s a simple and compelling message, which allowed us to partner up with “Mount Rushmore of Tech Business”. Now we seek funding to accelerate our growth and land other major accounts before the completion develops. Many business-savvy investors have bet their money on success of TransparentBusiness; if you’d like to see why the returns on investment is TransparentBusiness may be extraordinarily high, please visit TransparentBusiness.com/invest