Other positive trends:
In the small-scale multimedia market, the company had managed to achieve the fastest rate of organic growth. For instance, between 2003 and 2005 the growth rate is 60 points, which is a clear 20 point lead over its closest competitor. The Stormnetmedia management is constantly looking for newer opportunities in the digital media industry. It has plans to increase globally co-ordinated innovation and break-out innovation. Plans have also been drawn to capture a larger share of smaller markets by catering to local preferences.
What lies ahead?
The company is very well placed for further market consolidation. Add to it a greater synergy potential, and we have a company that is strong in its fundamentals. These strategic advantages are backed by sound financials as well. For example, a cash flow margin of 50% and a total asset worth of $500,000, Stormnetmedia’s shares must be very lucrative for investors, when it will eventually graduate to a public company.
References:
Bellotti, V. & Rogers, Y., 1997, From Web press to Web pressure: multimedia representations and multimedia publishing, Proceedings of the SIGCHI conference on Human factors in …, 1997 – portal.acm.org
Chiariglione, L., 1998, Impact of multimedia standards on multimedia industry, Proceedings of the IEEE, 1998.
Drew, M.S. & Li, Z.N., 2004, Fundamentals of Multimedia, School of Computer Science Publication, Canada, 2004
Multimedia Induatry, Annual reports from 2001–2006. [Online].
Available at: <www.londonstockexchange.com/en-gb/pricesnews/investorcentre/annualreport/ >, accessed on 16th October 2007.
Stormnetmedia Online Interface, [online], available at: <www.stormnetmedia.com>, accessed on 16th October, 2007.