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Advanced Solutions International

8 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 17, 2020 by Bob Alves · said 29 times in 1 episodes since 2020 · across every show →

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2020 29 mentions in 1 episode

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Everything said about Advanced Solutions International, oldest first

Jan 17, 2020
Disclosure
ASI generates $5M pure SaaS out of $60M total revenue
“About five million, which is about our new sales number, you know, out of about sixty million.”
Bob Alves Jan 17, 2020 ▶ 1:53 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
Jan 17, 2020
Disclosure
ASI serves 600 cloud clients and over 1,000 on-premise clients
“So we do have five or 600 clients in the cloud. And then you know, more than a thousand that are on the, in the field on premise.”
Bob Alves Jan 17, 2020 ▶ 2:57 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
Jan 17, 2020
Disclosure
Alves says all new ASI sales are cloud subscriptions
“Today, all of our new sales are a subscription, you know, in the cloud.”
Bob Alves Jan 17, 2020 ▶ 1:35 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
Jan 17, 2020
Disclosure
ASI had zero cloud revenue until three to four years ago
“Back about three or four years ago, there was, it was zero.”
Bob Alves Jan 17, 2020 ▶ 5:33 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
Jan 17, 2020
Assertion Not checkable as stated
ASI relies on 100 channel partners and 25 salespeople globally
“So we have about a hundred business partners that sell out, sell and service our products. And we have roughly 25 salespeople around the world for new and existing clients.”
Bob Alves Jan 17, 2020 ▶ 11:19 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
Jan 17, 2020
Disclosure
ASI earns $25M from on-premise software update subscriptions
“People bought our software as a traditional license, but then had to pay a 25% of list price fee. So another twenty-five million is a subscription, even for people who are not in a pure place SAS structure.”
Bob Alves Jan 17, 2020 ▶ 2:14 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
Jan 17, 2020 positive
Disclosure
ASI's SaaS business is growing approximately 60% year-over-year
“Our SaaS business is growing about 60%.”
Bob Alves Jan 17, 2020 ▶ 6:08 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
Jan 17, 2020 neutral
Assertion Supported
ASI built the first Windows software package for nonprofits
“Windows was emerging, so we built a package, the first package for Windows and it took the company, you know, really literally in three years all over the world.”
Bob Alves Jan 17, 2020 ▶ 4:41 1637 The Art of Shifting $60M in 1991 Revenue to Pure SaaS
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