Knosys Ltd (ASX:KNO) continued its stellar run on Wednesday, surging 76% to $0.175, up from $0.055 on the day prior to entering an agreement with SingTel Optus Pty Ltd.
This involves the deployment of its knowledge management platform, knowledgeIQ.
Knosys’s technology discovers and delivers personalised information to staff and customers, enhancing productivity and engagement.
The other catalysts for this sustained share price momentum could be the increase in licenced users which reflected year-on-year growth of more than 50%.
The company had cash of $1.7 million as at December 31, 2017.
Pointerra grows sales and enters North America
Pointerra Ltd’s (ASX:3DP) sales by reseller-partners in the 3D data capture space, appear to have captured attention with the company’s shares surging circa 25%.
The negotiation of a Technology Licence Agreement with AAM, the largest geospatial solutions company in the southern hemisphere, is a particularly important development.
This has generated a technology licence fee and will lead to ongoing royalty receipts from the use of Pointerra’s technology.
The company is focused on the commercialisation of its unique 3D geospatial data technology, and its acceptance in a new market in North America is encouraging.
Technology allows viewing of large 3D datasets
The key point of difference is that it allows very large 3D datasets to be viewed by users without the need for high performance computing.
The 3D datasets are processed and stored in the cloud for instant, on demand user access anytime, anywhere, on any device.
Pointerra’s vision is to create a global marketplace for 3D data, saving users time and money and creating a 3D data access revolution.