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Software Licensing Separately from Hardware: An Expansion Plan
The company plans to license its software separately from hardware, emphasizing the value of its software built on their platform to activate hardware chips and system platforms. They have industry-defining software that enterprises have been requesting as they cannot rely solely on open-source solutions to run their operations. This strategy enables the company to offer solutions to enterprises seeking specific software tailored to their needs rather than relying on open-source options. By licensing software separately, the company aims to tap into the market demand for tailored software solutions while expanding its revenue streams without cannibalizing its existing hardware customer base.