Trimble Launches New Cloud-Based Version Of Its Log Inventory And Management System For Forestry
Portfolio Pulse from Benzinga Newsdesk
Trimble has launched a new cloud-based version of its Log Inventory and Management System (LIMS) for forestry. The new Trimble LIMS PRO is aimed at small- and medium-sized companies, offering them the opportunity to realize productivity and growth gains.
July 21, 2023 | 12:47 pm
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Trimble's new cloud-based LIMS PRO could potentially boost the company's revenues as it targets small- and medium-sized companies in the forestry sector.
The launch of a new product, especially one that targets a new market segment (small- and medium-sized companies), typically has a positive impact on a company's stock as it opens up new revenue streams. Given that this product is cloud-based, it could also appeal to companies looking for digital solutions, further increasing its potential market.
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RELEVANCE 100