I think the following positive press release about a new sales partnership by Covata on Twitter and on their web site on 4 May may have been overshadowed this week by the focus on a falling share price.
This is effect is about two news partners: cloudKleyer in Germany and Console Inc (an IIX Inc company) which has an expanding global presence with links into Amazon, Microsoft and Google cloud services. The other dimension that might get exposure is the a relationship with IIX Inc. which is headquartered in Silicon Valley, California.
The Console Inc Platform has the potential for "creep on" effect across the globe. At this stage it looks like the announcement may be confined to where clouKleyer has a presence. If Covata can link some of its other global IaaS partners into a similar relationship with Console Inc and IIX Inc, then this partnership sounds to me to have a lot more potential than the COLT (owned by the Fidelity) relationship.
Exciting announcement that seems to have been missed by the market. These partnerships are definitely something to keep on the watch list. The sooner Covata can start generating solid revenue from it sales channels then the market will attribute more value to these types of announcements. All very exciting. Well done Covata team.
https://www.covata.com/console-inc-...t-to-covatas-leading-data-security-solutions/
Console Inc. and cloudKleyer Enable Direct Connect to Covata’s Leading Data Security Solutions
by Covata | May 4, 2016 |
Infrastructure-as-a-Service Provider cloudKleyer Will Use Console’s Innovative Platform to Deliver Covata’s Data Security Solution
Console Inc., the enterprise software and interconnection company that is changing the way businesses directly connect to their customers, vendors and partners, and cloudKleyer, the German Infrastructure-as-a-Service (IaaS) provider, announce today that Safe Share, the secure file sharing and storage solution from Covata, an industry leader in data-centric security, is now available on the innovative Console platform.
Console Inc. is partnering with cloudKleyer, a Frankfurt-based provider of hybrid Infrastructure-as-a-Service (IaaS) solutions to provide enterprises with secure, simple and direct access to Safe Share over the Console platform.
The Console platform enables companies across the globe to bypass the public Internet and directly connect to business-critical cloud providers such as Amazon Web Services, Microsoft Azure and Google Cloud services, as well as other enterprise applications and businesses.
“We’re delighted to announce our partnership with cloudKleyer,” says Al Burgio, founder and CEO of Console Inc. “cloudKleyer joining our global ecosystem is a great example of how IaaS companies can extend their offering to a wider audience and how software and solution companies such as Covata can easily make the move from an on-premise to SaaS-based delivery model.”
“As one of Covata’s partners for the global enterprise market, we’re delighted to be able to offer Safe Share on a SaaS basis,” comments Jan Weller, Managing Director of cloudKleyer. “Software-as-a-Service has numerous benefits for enterprises and by accessing Covata’s solutions over Console, our customers and prospective customers are guaranteed secure and direct access to their business-critical data.”
“Enterprise customers can easily incorporate secure file sharing with Covata® Safe Share from cloudKleyer via the Console platform, which will enable organizations to have end-to-end encryption and management of their data,” said Jenny Song, Vice President Covata. “Being able to offer direct access to enterprise-grade file sharing and collaboration tools on a SaaS basis enables customers of all sizes and industry to experience the security benefits of Safe Share, whilst enjoying seamless deployment and world class service.”
About Console Inc.
Console Inc., an IIX company, was founded to change the way enterprises connect to their customers, vendors, and partners. Console’s enterprise software and interconnection platform enables both network-to-network and enterprise-to-enterprise collaboration globally. The Console platform provides enhanced network security, improved performance, and faster business-to-business direct connect. For more information, visit http://www.console.to.
IIX Inc. is headquartered in Silicon Valley, California. The company has expanded its global interconnection footprint into more than 150 Points of Presence (PoPs) across North America, Europe, Asia, and the Middle East. IIX is privately held and investors include New Enterprise Associates (NEA), Formation 8, DOT Capital, AME Cloud Ventures, and Drew Perkins.
IIX is a registered trademark of IIX Inc. All other trademarks are the property of their respective owners.
About CloudKleyer
cloudkleyer is an experienced German ICT provider. As a one-stop ICT partner, we provide our customers with a range of fully-managed services including colocation, cloud hosting, IaaS and SaaS, consulting, ISP and telecommunication services. cloudKleyer’s headquarters and data centre are located in Frankfurt am Main, Germany. cloudKleyer’s prime address at Frankfurt’s Kleyerstrasse gives our customers the necessary edge to obtain highly secure and highly available access to more than 500 carriers and ISPs. Our solution-driven engineering and multilingual customer service focuses on companies who require a straightforward, flexible partner, personal attention and customised solutions.
About Covata
Covata enables true ownership and control over your data in the cloud and over mobile services. We deliver data-centric security solutions without compromising simple usability, providing true end-to-end security. Your data is always protected wherever it may travel – inside your network, beyond the domain, to mobile devices and to the cloud — with granular access controls that extend to external users, view-only restrictions, real-time revocation and complete visibility and auditability. Own Your Data, control your data and choose where it is stored — with complete assurance that it is protected and secure. For further information, please visit Covata.com. Covata is a publicly traded company on the ASX under the ticker symbol CVT.
CONTACT INFORMATION
Media contacts:
Console
Alex Jafarzadeh
March Communications for Console
+1 617.960.9900
[email protected]
cloudKleyer
Supriyo Bhattacharya
Business Development Manager
+49 69 66 16 96 762
[email protected]
cloudKleyer Frankfurt GmbH
Walther-von-Cronberg-Platz 2
60594 Frankfurt a. Main
[email protected]
+49 69 66 16 96 780
Covata
Nikki Parker
Vice President
+1571 353 4273
[email protected]
Lindsey Challis / Claire Ayles
Finn Partners, now incorporating Johnson King
[email protected]
0207 017 8427
(20min delay)