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Menu * Overview * This year at a glance * Key Areas of Impact * Looking Ahead CLOUDSOURCE BUSINESS Click Here To View Annual Report 202X (COPY) By Billing Billing We are pleased to present the annual report for the fiscal year ending 202X. This year has been a year of challenges and opportunities, and we are proud to report that we have made significant progress towards achieving our strategic goals. A year of growth and transformation, we are proud to report that we have made significant progress towards achieving our strategic goals. We focused on executing our strategic plan to drive growth and transform our business. We made significant investments in research and development, technology, and talent to enhance our capabilities and position ourselves for success in the future. We closely monitored and adjusted our strategies to navigate the challenges and capitalise on the opportunities that arose. We are confident in our ability to execute our strategic plan and drive growth and transformation in the years to come. While there may be challenges and uncertainties ahead, we are well-positioned to navigate them and seize the opportunities that arise. We are committed to making a positive impact on society and the environment. During the year, we continued to focus on our corporate social responsibility initiatives. Finally, we would like to express our gratitude to our shareholders, customers, employees, and partners for their continued support and dedication. Looking ahead, we remain committed to delivering value to our shareholders and customers. We will continue to invest in growth opportunities while maintaining a strong focus on cost management and operational efficiency. We are confident in our ability to navigate the challenges and capitalize on the opportunities that lie ahead. CEO - CloudSource Business THIS YEAR AT A GLANCE -------------------------------------------------------------------------------- 69% 69% of manufacturing companies are currently using cloud computing, and an additional 10% are planning to adopt it in the next 12 months. Cloud-based IoT The use of cloud-based IoT (Internet of Things) platforms is also increasing in the manufacturing industry, global IoT in manufacturing market will grow from $12.67 billion in 202X to $45.30 billion by 202X, at a CAGR of 24.8%. (202X) $10.8 billion One report states that cloud services market for the manufacturing industry will reach $10.8 billion in 202X, up from $6.5 billion in 202X, indicating a CAGR of 10.7% Ninety Percent 90% of manufacturers believe that cloud technology can significantly improve their supply chain management. KEY AREAS OF IMPACT -------------------------------------------------------------------------------- LAUNCHING NEW INITIATIVES This has been was well-received by customers, and we expect it to be a significant contributor to our growth in the coming years. Measure Standard Result Engineering score of 3 or more 80% 69% Manufacturing with a score of 4 or more 20% 17% Measure Standard Result The capability and performance of creative-intensive agencies is enhanced by stewardship of the investment management system. Achieved Achieved This initiative represents a significant growth opportunity for us and we expect it to be a major contributor to our revenue growth in the coming years. We invested heavily in research and development to bring this initiative to market and we are pleased with the results so far. INVESTING IN TECHNOLOGY We focused on executing our strategic plan to drive growth and transform our business. We made significant investments in research and development, technology, and talent to enhance our capabilities and position ourselves for success in the future. Category 202X-A 202X-B Direct commission 0.00 0.00 Indirect commission from imported energy 19.13 33.91 Indirect commission from transportation 1,062.04 667.38 Indirect commission from products used by the organisation 48.04 32.94 Indirect commission associated with the use of products from the organisation 0.00 0.00 Indirect commission from other sources 0.00 0.00 We recognised that technology is a key enabler of growth and innovation, and making significant investments in areas such as data analytics, artificial intelligence, and cloud computing to enhance our capabilities. Exemption Expected 202X-A Actual 202X-B Direct commission 20% 23% Indirect commission 4.20 7.21 EXPANDING INTO NEW REGIONS We identified regions as a key growth area, and we made significant investments to establish our presence there. We conducted extensive market research and analysis to determine the viability of these regions and developed a comprehensive strategy to enter the market. We established local teams, developed partnerships with local businesses, and invested in marketing and promotion to raise awareness of our brand and offerings. Impact Standard Result Region score of 3 or more 23% 54% Outlook of 4 or more 6% 12% LOOKING AHEAD -------------------------------------------------------------------------------- THANKS FOR JOURNEYING WITH US Find out more about how you can support CloudSource Business and help make a difference. Visit out website Additional information: 1. Images/illustration selected from Unsplash and Midjourney. 2. None of the information presented here is true or accurate. TopBuilt with Shorthand Join the world's leading storytelling teams at Shorthand. TRY IT FOR FREE No code, no credit card, & no commitment required.