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I think it's hard to overestimate how big an achievement this is in itself. Managed by Q is going after a market dominated by ISS [1],a Danish company founded in 1901, with more than half a million employees and revenue around $75 billion. And its doing it by paying proper salaries.

The market is very interesting because and the potential for expanding into new categories and with a more modern approach to facility management.

I could imagine them getting into using drones for surveillance or even automated green areas management. It's a field I believe is pretty well defended by the incumbents but which can be disrupted using a combination of technology and more on demand services to drive down cost and increase profitability without actually having to treat it's people like uber drivers.

On top of that it has revenue and is solving a real problem.

[1] http://www.us.issworld.com/




Hadn't heard of ISS before and in Germany there's one big and many smaller incumbents doing this line of work.


Yeah there are others of course. Whats interesting is how huge the market is and how little competition it has seen because of it's unsexy industry.

It's also interesting in the sense that we will most likely see radiologist being replaced by automation than cleaning personal. (specialist algos vs. general purpose ones)

The market is huge and the potential for disrupting it is ripe.


Don't know about radiologist. I'm certain that most prefer the human aspect there. But if it means we don't have wait times anymore, then most will pick automation over humans operating machinery.


Human aspect to deliver the message, not necessarily to find the cancer.

Point is more about general purpose vs. specialized algos.


Their annual revenue is 75B DKK, which is more like 11B USD.


You are right. Not sure why it ended up being $. Good catch.




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