In terms of potential market for software, Reade also mentioned growth areas in the U.S. that includes security ('It's broad and covers everything from airports to personal security.'), health care, life sciences and business to government or B2G.

He cited the huge potential for B2G applications in the U.S. not only for the federal government but in local governments of each of the 50 states. Added Reade: 'Surprisingly, most governments (in the U.S.), do not require software to be U.S.-owned so software for automating any task like picking up garbage can be interesting except maybe those used by the military.'