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Covata’s data security platform expands globally amid fast-growing demand

Covata Ltd (ASX:CVT) managing director & CEO Ted Pretty speaks to Proactive Investors about the software development company’s suite of cyber and data security products.

The global tech company started out as a private software developer for the Australian Department of Defence and began to commercialise its approach before listing on the ASX in 2014.

“We’re focused since that time on reducing its cost footprint but more importantly growing its revenue base and getting the right people into the company to take it forward,” Pretty says.

He continues, “the products really relate to our long-term strategy – our strategy is to have a platform with a number of features to it and that enables customers, which include governments and enterprises, to discover where their sensitive data is, to classify that data, and then control and protect it.”

Quick facts: Covata Ltd

Price: 0.015 AUD

ASX:CVT
Market: ASX
Market Cap: $10.1 m
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Covata updates on transition to content services and dataglobal acquisition

Covata Ltd (ASX:CVT) managing director Ted Pretty speaks to Proactive Investors on the company’s transition to content services and broadening the market as well as its acquisition of German company dataglobal GmbH.   Pretty notes the company has had some significant recent...

on 2/7/19

2 min read