Transcript detail
Loading...
Public transcript context with linked callsigns, related nets, and analysis metadata.
Transcript
Public transcript text
I'll give you both an example without going into any proprietary or confidential information about this. The software that I administrate for the company that I work for, it's an Oracle-based software called NetSuite. There's a single thing cost in it. You pay for the contract or the subscription, if you will, to the core platform. If you want to add, let's say, a warehouse management system module to it, well, then you have to pay for it. Write us an add-on. That doesn't include the cost of implementation and Go Live and all the integration stuff that goes along with the module. In a roundabout way, I can put it like this. That software, we own the data in the software because we store it. But we keep it on there and we store it internally also. We have a backup of all of the data on it. With that being said, we spend between $400,000 and $800,000 a year on a combination of modules on that platform to allow us every year to continue to be able to use it.
Explore