There's a Gap in our Offering
Due to the nature of the work of these developers I think it is best to consider them as the App Marketplace and not confuse them by including them with the Service Providers. The Service Providers are providing the actual administrative and accounting services to the oil and gas producers. As a unit they are an entire sub-industry due to the size of their revenue stream. The App Marketplace would only be lost if we included them in that same classification. So we need to create a separate category for the App Marketplace. Note however they are derivative of the user community just as the Service Providers are. Members of the user community will have the exclusive priority in establishing themselves in the App Marketplace that they also enjoy as Service Providers.
One unique aspect of the App Marketplace will be that they will be generating their revenues from the sale of their applications to users and producers. This could be on a one time basis or as a monthly fee. Being that their fees structure will be different will require that they have a different license from People, Ideas & Objects than that which the Service Providers have. What we are providing the App Marketplace is the mobile software application environment of the People, Ideas & Objects and user community. Therefore, the structure of the relationship between the App Marketplace developers and People, Ideas & Objects will be structured differently than the Service Providers.
What we see with the Apple and Android app marketplaces is a remarkable amount of innovation and useful applications. The motivation and understanding that makes this possible is contained within its own marketplace and would be impossible to replicate within People, Ideas & Objects. Therefore it is best to establish our own marketplace and let these developers apply their ideas to the issues and opportunities within the oil and gas industry. People, Ideas & Objects doing the heavy lifting in areas like the decentralized production model, material balance report and in other areas of the Preliminary Specification that are not mobile in nature, and the App Marketplace providing the widget like applications that are useful for the individual purposes that assist people in doing their specific jobs. A division of labor and specialization that makes a lot of sense to me.
And so it will be that we will establish an App Marketplace for the mobile marketplace in People, Ideas & Objects. Providing the users and producers with a means to further their innovative ideas. The producers with a way in which to enhance their profitability. And People, Ideas & Objects to provide oil and gas producers with the most profitable means of oil and gas operations.
The Preliminary Specification and user community provides the oil and gas producer with the most profitable means of oil and gas operations. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in these user defined software developments. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don't forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here.