Mobile Media Unlimited Holdings is ready to introduce practically unlimited data storage services to its clients through a free product called Project Jupiter. According to CEO Danny Jenkins, this product is convenient to use and has efficient back-up and security functions.
With Jupiter, both individuals and businesses will be able to synchronize data to a cloud location and then access these files from anywhere through a computer, thus ensuring unlimited data collaboration and storage.
The company anticipates a vgood response with a subscriber database of 120,000 by the first quarter of the product being launched. There will also be a business version of the product launched later that will offer additional capabilities, functionalities and features. The targeted revenue for the third quarter is slated to be $550,000.
Jenkins further stated that the company is able to increase its revenues by following an annualized revenue model. The revenue figures start from the closing figures of the previous year and the new sales for the next year are added to the revenue.
The product will also add business revenue to MMUH with the help of ownership of free subscribers. Value of the subscribers has to be understood properly to stay ahead in the race. Good examples are websites such as Facebook and YouTube (News - Alert), which have high corporate value by providing useful and free subscriptions to all users.