NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: K
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Posted On: 12/08/2022 2:47:38 PM
NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) CEO Discusses MaaS Business Model, Massive Opportunity on ‘The Shrimp Tank’
Knightscope’s (NASDAQ: KSCP) CEO and Chairman William Santana Li recently appeared on The Shrimp Tank, a podcast series featuring proven entrepreneurs and business leaders discussing how to start, grow and run a successful business. Li joined the program’s hosts, Lee Heisman and Ted Jenkin, to discuss Knightscope’s Machine-as-a -Service (“MaaS”) business model and how the company is using it to improve security while streamlining costs.
“Technology can have a massively positive impact on society. Crime has a $2 trillion negative economic impact on the U.S. every single year. What we’ve been doing at Knightscope for almost 10 years is building profound new technology to address a recurring societal problem with a recurring revenue business model, and we built these crazy autonomous security robots that are now patrolling across the country,” Li said.
“We have a Machine-as-a-Service business model. We don’t sell hardware or software; everything is basically included – data storage, telecom, decals, shipping, maintenance, support, everything. It can be as high as $9/hour for our technology, indoors or outdoors, or as low as $0.75/hour… If you compare our offerings to unarmed security guards at $15-$30/hour or an armed, off-duty law enforcement officer at around $85/hour, our model presents a massive change and a massive opportunity.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Knightscope’s (NASDAQ: KSCP) CEO and Chairman William Santana Li recently appeared on The Shrimp Tank, a podcast series featuring proven entrepreneurs and business leaders discussing how to start, grow and run a successful business. Li joined the program’s hosts, Lee Heisman and Ted Jenkin, to discuss Knightscope’s Machine-as-a -Service (“MaaS”) business model and how the company is using it to improve security while streamlining costs.
“Technology can have a massively positive impact on society. Crime has a $2 trillion negative economic impact on the U.S. every single year. What we’ve been doing at Knightscope for almost 10 years is building profound new technology to address a recurring societal problem with a recurring revenue business model, and we built these crazy autonomous security robots that are now patrolling across the country,” Li said.
“We have a Machine-as-a-Service business model. We don’t sell hardware or software; everything is basically included – data storage, telecom, decals, shipping, maintenance, support, everything. It can be as high as $9/hour for our technology, indoors or outdoors, or as low as $0.75/hour… If you compare our offerings to unarmed security guards at $15-$30/hour or an armed, off-duty law enforcement officer at around $85/hour, our model presents a massive change and a massive opportunity.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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