Investor Relations
Company background
Since 2009, Labotec enables everyday people to put their ideas into action. Labotec is here to reward the creative types that see things in the world that others have missed.
Labotec offers a relatively unique way of mobile app publishing, based on crowd-sourcing ideas from third parties. Basically, people who have ideas for mobile applications on any of the major platforms but lack the time, development skills or resources to actually build them can submit their ideas to Labotec.
Opportunity
The mobile applications market is getting new players from smartphone and platform vendors, MNOs, and third-party players and independent retailers which further demonstrate that mobile apps present great opportunities for all.
The mobile applications ecosystem is made up of platform developers, application developers, aggregators, mobile operators, handset and operating system (OS) vendors, and application storeowners..
Mobile applications and software programs that run on handheld devices such as smartphones currently have huge potential, with mobile applications already having captured users' attention and imagination.
The global mobile applications user base is expected to grow at a CAGR of 37 percent between 2009 and 2015 to reach nearly 256 million users by the end of 2015.
Between 2009-2015, mobile application downloads are expected to increase of 53.2 percent, while global revenue from mobile applications will grow from $6.6 billion in 2010 to over $23 billion by end-2015.
source: http://www.marketresearch.com/product/display.asp?ProductID=2832954
Labotec is already a global actor in the mobile content industry with ties to key players both from a strategy aspect (multi-platform presence, proprietary content), but also from its shareholders position (Kima Ventures/Xavier Niel/Kipost/FS Ventures) offering immediate recognition. With a footprint in the US and Europe, Labotec has all it takes to become a Leader in its category.