I just had another read of the Investor Presentation dated 13/12/18.
A few items worth highlighting again whilst we wait for the upcoming quarterly....
* We know that Cloudten has successfully built a loyal, blue-chip client base made up of ASX50 companies, in the Government, financial services, telecoms and media sectors. Average revenue per client for each of the Top 5 clients is $720k per annum.
* Cloudten have strong client references, deeper technical experience which has helped them secure more clients and achieve the exclusive AWS Competency status in two areas: Government Competency and Security Competency. Well, they've now just added another area of Competency - AWS DevOps Competency. Refer to link that fellow poster Rocket32 highlighted below, thanks!
https://www.linkedin.com/pulse/cloudten-reaches-aws-milestone-attains-devops-danise-baluyot
* Almost all companies, big or small (and individuals) including the government and financial institutions are all moving to the cloud.
* What's the big deal with achieving "AWS Competency"? Here's what the company highlighted about this status...
"AWS Competency is awarded to partners who have demonstrated technical proficiency and proven customer success in specialised solution areas. Attaining an AWS Competency allows partners to differentiate themselves to customers by showcasing expertise in a specific solution area. Cloudten were also the first and only Consulting Partner in Australia and APAC to achieve both Government and Security Competencies."
* Managing AWS infrastructure and optimising cloud infrastructure are two core focus areas for Cloudten in the Cloud Migration space.
* Managing Cloud Security Infrastructure is another key focus area for Cloudten in the cloud security space.
* What we also know is that Cybersecurity and Cloud Services and Solutions are amongst the three top areas where where enterprises are expected to increase IT spending this year.
* AWS is the dominant leader in the Cloud Infrastructure as a service (IAAS) space - 44% market share. Way ahead of the other major players.
Why am I highlighting this? Because if you refer to the article above "Infrastructure Management" and "speed to market" is what stood out by having this status . The company's past successes with satisfied clients, their deeper experience and AWS Competency status in now three important areas should hopefully better position Cloudten to win more clients in the future.
Let's see what's around the corner in the upcoming quarterly this month.
All the best.
Tony
