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SenSen Networks Ltd focused on scaling rapidly as it develops new applications and targets new markets

SenSen Networks Ltd (ASX:SNS) (OTCQB:SNNSF) has set its focus on scaling its operations rapidly as it develops new applications and targets new markets above and beyond its current portfolio.
The world-leading artificial intelligence (AI) solutions provider, which saw strong growth in the financial year 2021 despite the COVID-19-related global economic meltdowns, has outlined its five-year growth plan.
The plan, which is set in three stages, will see the company significantly expand its customers' numbers, as well as move into new industries as it invests in its technology platform to make it scalable to multiple adjacent markets.
It will be also seeking to open up its platform to third-party application developers to formulate new applications.

Australia , Philippines , Changi , Singapore-general- , Singapore , India , Brisbane , Queensland , Melbourne , Victoria , Chicago , Illinois

SenSen Networks Ltd lifts FY2021 revenue guidance to between $5.3 and $5.5 million

SenSen Networks lifts FY2021 revenue guidance to between $5.3 and $5.5 million
Based on increasing demand for its smart data and AI solutions, the guidance represents a 40% increase on FY202 0.
Its outlook for FY2022 is even more positive - $8.1 million in unaudited total revenue and $5.5 in unaudited ARR
SenSen Networks Ltd (ASX:SNS) (OTCQB:SNNSF) has lifted its unaudited revenue guidance for the 2021 financial year to between A$5.3 and A$5.5 million as demand for its smart data and artificial intelligence (AI) solutions continues.
Its outlook for FY2022 is even more positive - it is expecting A$8.1 million in unaudited total revenue and A$5.5 in unaudited annual recurring revenue.

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Sensen Networks Ltd acquires Scancam Industries, Australia's leading provider of AI anti-theft solutions to fuel retailers

The company plans to integrate Scancam technology into its proprietary platform SenDISA to provide further value to new and existing retail customers.

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iTWire - SenSen inks agreement to acquire Scancam

iTWire
Wednesday, 26 May 2021 16:03
SenSen inks agreement to acquire Scancam
Featured
SenSen CEO Dr. Subhash Challa
Australian-listed AI data fusion enterprise solutions provider SenSen Networks is set to acquire Scancam Industries, a provider of AI solutions for fuel retailers in Australia.
SenSen (ASX:SNS) announced on Wednesday it has entered into a Share Purchase Agreement for the acquisition of 100% of the issued share capital in Scancam Industries.
The proposed acquisition follows the completion of technical, financial and legal due diligence by SenSen.
Scancam’s anti-fuel theft solution is designed to prevent drive-offs from motorists at service stations, and protects the profits of fuel retailers.

Northern-territory , Australia , Scancam-eoin-byrne , Woolworths-caltex , Subhash-challa , Ampol-caltex , Australia-police , Scancam-industries , Networks-surveillance , Chevron , National-retail-association , Share-purchase-agreement