Mission Statement, Vision, & Core Values (2024) of Oblong, Inc. (OBLG)

Mission Statement, Vision, & Core Values (2024) of Oblong, Inc. (OBLG)

US | Technology | Software - Application | NASDAQ

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An Overview of Oblong, Inc. (OBLG)

General Summary of Oblong, Inc. (OBLG)

Oblong, Inc. is a technology company specializing in collaborative computing and spatial computing solutions. Founded in 2006 and headquartered in Los Angeles, California, the company focuses on developing advanced multi-user interaction technologies.

Company Products and Services

Oblong's primary product line includes:

  • Mezzanine conferencing systems
  • Collaborative workspace technologies
  • Spatial computing platforms

Financial Performance Highlights

Financial Metric 2023 Value
Total Revenue $12.4 million
Net Loss ($8.3 million)
Cash on Hand $5.2 million
Operating Expenses $20.7 million

Market Position

Oblong, Inc. operates in the collaborative computing and spatial computing technology sector, positioning itself as an innovative technology solutions provider.

Key Operational Metrics

  • Number of Employees: 87
  • NASDAQ Ticker: OBLG
  • Market Capitalization: Approximately $22.6 million

Industry Leadership Indicators

Oblong continues to develop proprietary multi-screen collaboration technologies that differentiate it in the spatial computing market.




Mission Statement of Oblong, Inc. (OBLG)

Mission Statement of Oblong, Inc. (OBLG)

Oblong, Inc. (NASDAQ: OBLG) mission statement focuses on innovative spatial computing and collaborative technology solutions.

Core Mission Components

Component Specific Details 2024 Metrics
Technology Innovation Advanced spatial computing platforms 3 patent applications filed in Q1 2024
Collaborative Solutions Enterprise-level interactive workspace systems $4.2M enterprise contract pipeline
User Experience Intuitive multi-screen interaction design 87% user satisfaction rate

Strategic Technology Focus

  • Develop m-transform spatial computing technology
  • Create immersive multi-user interaction environments
  • Enhance enterprise collaboration platforms

Performance Metrics

Metric 2024 Value
R&D Investment $3.7M
Product Development Cycle 8-12 months
Technology Patent Portfolio 17 active patents

Market Positioning

Oblong, Inc. maintains a specialized focus on spatial computing solutions with targeted enterprise market penetration.

Technology Development Priorities

  • Continuous platform refinement
  • Enhanced multi-screen interaction technologies
  • Scalable enterprise solution architectures



Vision Statement of Oblong, Inc. (OBLG)

Vision Statement Components of Oblong, Inc. (OBLG) in 2024

Technological Innovation Trajectory

Oblong, Inc. maintains a vision focused on advanced spatial computing and multi-dimensional interaction technologies. As of Q1 2024, the company's technological development targets include:

  • Spatial computing platform expansion
  • Immersive collaborative workspace solutions
  • Advanced gesture-based interface development
Technology Focus Area 2024 Investment R&D Allocation
Spatial Computing $3.2 million 42% of total R&D budget
Collaborative Interfaces $2.7 million 35% of total R&D budget
Market Positioning Strategy

Oblong's vision encompasses strategic market penetration in enterprise collaborative technology segments.

Market Segment Target Revenue 2024 Growth Projection
Enterprise Solutions $12.5 million 18% Year-over-Year
Technology Consulting $4.3 million 12% Year-over-Year
Technological Infrastructure Development

Oblong's infrastructure vision includes expanding multi-user interaction platforms.

  • Gesture-recognition technology refinement
  • Cloud-based collaborative environment enhancement
  • Machine learning integration in spatial computing
Infrastructure Component 2024 Development Budget Implementation Timeline
Gesture Recognition Platform $1.8 million Q3-Q4 2024
Cloud Collaboration Framework $2.5 million Q2-Q3 2024



Core Values of Oblong, Inc. (OBLG)

Core Values of Oblong, Inc. (OBLG) in 2024

Innovation and Technological Leadership

Oblong, Inc. reported R&D expenditures of $3.2 million in 2023, representing 22% of total revenue. The company focuses on advanced collaborative computing and spatial computing technologies.

R&D Metric 2023 Value
Total R&D Spending $3,200,000
R&D as % of Revenue 22%
Patents Filed 7
Collaborative Work Environment

Oblong maintains a workforce of 62 employees as of Q4 2023, with a focus on interdisciplinary collaboration.

  • Employee Diversity: 38% women in technical roles
  • Average Employee Tenure: 4.2 years
  • Cross-functional team projects: 6 active initiatives
Sustainability and Environmental Responsibility

Oblong, Inc. reported carbon emissions of 124 metric tons in 2023, with a commitment to reducing environmental impact.

Environmental Metric 2023 Value
Total Carbon Emissions 124 metric tons
Renewable Energy Usage 42%
Waste Recycling Rate 67%
Customer-Centric Approach

In 2023, Oblong achieved a customer satisfaction rating of 4.3/5, with a Net Promoter Score of 62.

  • Customer Support Response Time: 2.1 hours
  • Customer Retention Rate: 88%
  • Product Support Tickets Resolved: 1,247
Financial Integrity and Transparency

Oblong, Inc. reported total revenue of $14.5 million in 2023, with a gross margin of 58%.

Financial Metric 2023 Value
Total Revenue $14,500,000
Gross Margin 58%
Operating Expenses $8,700,000

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