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12/05/21
14:06
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Originally posted by dbd25:
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Pooslice- "the only real question in my mind is if TNT can secure itself as the dominant market player in the space" Many holders, including me, already see TNT as the dominant market player. It is the largest listed cyber security company in Australia. From the ASX ann "investor update" on the 13th April. slide 10 : Tesserent works with 43 of the S&P/ASX 100 DEEPENING FOOTPRINT IN 3 KEY MARKET SEGMENTSGovernment Departments & Agencies Tesserent works with: - 47 Federal and State Departments and Agencies - 25 Local Councils Critical Infrastructure & Smart Infrastructure/IoT Tesserent works with: - 21 of the top Energy Firms in ANZ Industry & Financial Services Tesserent works with: - 8 of the 12 Largest Banks in ANZ - 16 Top Financial Services firms - 14 Foreign Banks I'd say that was all clear evidence they are now the market leader. And it is still early days for TNT. JC described Tesserent as being in its "teenage years" in a recent interview considering where they plan to be in a few years time. All IMHO, DYOR
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I thought the reason why TNT describes itself as the largest "listed" cyber company is because CyberCX is in fact a larger company but is private. Whether one or the other is the "dominant" market player is arguably more of a subjective question.