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FirstWave Cloud Technology ( (AU:FCT) ) has shared an announcement.
FirstWave Cloud Technology has announced a strategic partnership with Amazon Web Services and Corent Technology to launch its product suite on the AWS Marketplace. This collaboration, supported by AU$250,000 in funding, aims to enhance FirstWave’s AI technologies and streamline product distribution, providing access to AWS’s 300,000 monthly active users and over 2,500 channel partners. The initiative is a significant step in FirstWave’s strategy to monetize its free-tier software users by offering seamless upgrades to enterprise-grade solutions, thereby expanding its global presence and simplifying customer access to its products.
More about FirstWave Cloud Technology
FirstWave Cloud Technology, established in 2004, is a global software company specializing in enterprise-grade network management, automation, audit, and cybersecurity software. The company serves an estimated 150,000 organizations across 178 countries, with notable clients including Microsoft, Telmex, Telstra, Claro, and NASA.
Average Trading Volume: 495,570
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$22.28M
For a thorough assessment of FCT stock, go to TipRanks’ Stock Analysis page.