The Importance of Vertical Focused Software Solutions in the Car Industry

Jim Cevallos: I looked at a bunch of horizontally focused software solutions that could serve anybody in the world. He also took a group of companies that are vertical, so much more focused and it's a CRM for the car industry. And there were kind of three key takeaways that he came along with,. They have higher margin Higher what, gross margins, profit margins? Well, good question, the gross margins are actually fairly similar. So they're making more money, they're growing the same You know, how does that translate into value? It turns out that when you actually look at these companies, they'regrowing at a similar rate.