TRAKOPOLIS Elevated to Canaccord’s Watch List

In what is clearly a blossoming sector, Doug Taylor, Canaccord Genuity’s Director of Technology and Aerospace Research, makes the case for TRAKOPOLIS’s positioning within the “sizeable sandbox” that is the “intersection of telematics and IoT (Internet of Things).”

Mr. Taylor writes that TRAKOPOLIS has positioned itself well in that, “A key differentiator is the hardware-agnostic and carrier-agnostic nature of its business while many competitors’ solutions are built on often inflexible proprietary hardware. Trakopolis prides itself on the flexibility of its platform and the ease with which new applications can be produced and new hardware endpoints integrated. Its API means new devices can be added to the platform quickly.”

In addition to aligning itself with large entities such as Microsoft, Telus and Bell, Mr. Taylor addresses the company’s strategic partnership with Honeywell where its wireless gas monitoring devices are married with TRAKOPOLIS’s solutions. The product offering officially launches in this quarter with management estimating the North American addressable market alone could be 150 thousand units.

Recurring revenues are what speak to future growth and valuations. On this point, 70% of TRAKOPOLIS’s revenues are of a recurring nature.

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