B-Scada’s 10Q Reveals 48% Revenue Increase Over Last Year
Friday, March 13, 2015

CRYSTAL RIVER, FL: B-Scada, Inc. has announced that they have filed with the SEC their 10Q for the quarter ending 1/31/2015. The filing indicates B-Scada's revenues for the three months amounted to $496,144, compared to fiscal 2014 revenues of $335,772, an increase of $160,372 (48%). Increases in administrative costs and an increased investment in sales and marketing led to a net loss for the quarter, but these expenses will help to expand the B-Scada market presence and generate possibilities for greater revenue increases in coming quarters.

B-Scada's efforts to expand into the burgeoning IoT market are in the early stages, and expected returns are still forthcoming. By expanding their customer base beyond the rather restricted world of industrial automation and process control, B-Scada is making their technology available to a much larger market with a substantially higher number of prospective customers. Research by the International Data Corporation (IDC) suggests that worldwide spending on IoT-related technologies in 2015 is likely to exceed $1.7 trillion.

About B-Scada, Inc.

B-Scada, Inc. is a leading developer of software solutions for the acquisition, logging, visualization and analysis of real time data from a variety of industrial and commercial sources. B-Scada's IoT (Internet of Things), SCADA (Supervisory Control and Data Acquisition) and HMI (Human Machine Interface) systems enable real-time monitoring, management, and optimization of business and production processes over networks both local and remote, leveraging the latest web technologies to provide real-time data visualization on mobile devices. B-Scada systems connect industrial processes to the enterprise in real time, empowering transformation and growth in today's data-driven organizations. B-Scada technology is deployed worldwide in the petrochemical, electricity distribution, transportation, facilities management, manufacturing, finance and IT industries. B-Scada systems are deployed in-house or in the cloud as SaaS/PaaS (Software/Platform as a service). Software products are marketed and sold globally, offered both directly and through a sales channel of system integrators and resellers.

B-Scada PR Contact
Corporate Communications
B-Scada, Inc.
[email protected]