Firstwave Cloud Technology (ASX:FCT)

Neil Pollock
CEO
Market Cap (AUD): 59.77M
Sector: Information Technology
Last Trade (AUD): 0.08 +0 (+0%)
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1. About

FirstWave Cloud Technology Limited (ASX:FCT) is a global cyber security company, which has been delivering Cybersecurity-as-a-service solutions to the market since 2004. Today, FirstWave is present on five continents. 

At the heart of FirstWave is the company's unique and proprietary technology – the Cloud Content Security Platform (CCSP). The cloud platform enables the company's service provider partners to deliver a comprehensive range of security services to their customers from a single platform ‘as-a-Service’. This provides economies-of-scale and efficiencies that enable the provision of a range of security services typically only affordable by very large customers with dedicated cybersecurity resources. 

CCSP was developed in Australia and today services thousands of end-user customers ranging from small business to large enterprises and government, including the Australian Federal Government, through the company's Australian service provider partner, Telstra (ASX:TLS). Services provided from CCSP include web, email, firewall and endpoint security. Enterprise functionality is provided by some of the world’s leading security appliance vendors including Cisco, Palo Alto Networks, Fortinet and Trend Micro on both public and private cloud infrastructure. Current major FirstWave service provider partners include Telstra (Australia), NTT Data (UK), Tata Teleservices (India), SHELT Global (Middle East), and Cisco Systems Inc (USA). 

FirstWave has offices in Sydney, Melbourne and Singapore with on-the-ground sales and support in Australia, UK, Europe, the Middle East, Africa, India and South East Asia. 

FirstWave’s infrastructure, management and security processes are certified to ISO 27001 Information Security Management System Standard, ISO 9001 Quality Management System Standard and, in conjunction with Telstra, have passed IRAP assessment for ISM compliance to host Australian Government data up to PROTECTED classification level. 

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk