Australia is a relatively small market. All these talks about the share hitting $1dollar is pie in the sky stuff. 20c per share is more realistic. There are many secure collaboration tools in the market for government inside IBM (Watson Cloud) and Microsoft ( Azure) . After all the both of those vendors provides cloud and collaboration services to the NSA and CIA in the States.
Archtis is relevant locally because they are hosted in country. Currently their SaaS offering is hosted in Vault and Cirrus in Canberra. They need to grow their business with heaps more Cloud partners and many times over before they can hit 20c per share. A more likely outcome is that they get taken over by one of the local MSP providers when they run out of money.
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Ann: archTIS Renews Contracts with Commonwealth Government, page-68
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