Zevotek, Inc. (OTC: ZVTK) is Well Positioned To Benefit From The Fast Saas Industry Growth
Software-as-a-service (SaaS) has emerged as one of the hottest industry, the global software as a service (saas) market was valued at about $134.44 billion in 2018 and is expected to grow to $220.21 billion at a CAGR of 13.1% through 2022.
The SaaS Industry has shown exciting promise in terms of opportunities for investors looking to the space, significant investments, improved distribution and refined marketing strategies mean theses public SaaS companies are only just starting to sprout. Cannabis stock investors are looking for the industry to deliver improvement this year.
Companies making and selling software that is accessed online via a subscription are the ones making the most money for investors. High-flying and volatile SaaS stocks have caught the attention of both the Main street and Wall Street this year. SaaS stock investors are looking for the industry to deliver improvement this year.
For investors ready to jump on the SaaS bandwagon, Zevotek Inc (OTC: ZVTK) is a great sub penny stock to consider buying at these levels.
Zevotek, Inc., (OTC: ZVTK) seeks investment opportunities in startups to provide funding, in addition to strategic business development assistance to include supplier & vendor management, software development, marketing, management and research & development. Zevotek will catalyze the growth of Market Disruptive & Game Changing Business in the IOT, Business Automation, Data Processing, Business Analytics & Connected Healthcare sectors.
The pandemic has slowed growth in 2020 and going forward Zevotek inc (OTC: ZVTK) will refocus its strategies on consumer technology products. The Company will develop and implement marketing initiatives for products that are advantageous for this changed environment.
On May 7th, 2019, the Company acquired the assets of Blankki Products, Inc. which was founded in 2017 by artists and music enthusiasts. Rejuvenating the Blankki line of products and procuring technologies will be the Companys focus for 2020. Re-establishing relationships with manufacturers and rolling out a new online shopping experience are executable forward strategies that will be implemented.
ZVTK is trading at a discount compared to other players. And several upcoming catalysts could catapult shares higher. In our view, a bounce is all but guaranteed. Use this to your advantage to make some money back. Right now, all of the fear and negativity is priced in. That means, in the short-term, Zevotek Inc (OTC: ZVTK) have nowhere to go but up.