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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.”

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ASX:CVT
Market: ASX
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Full interview: Cipherpoint new name of Covata as part of refocus

Cipherpoint Ltd (ASX:CPT) chief executive officer and managing director Ted Pretty updates Proactive on a name change and rebranding for the global tech data solutions company formerly known as Covata Ltd (ASX:CVT). The CEO, who says the company expects to be trading on the ASX under...

on 19/12/19

2 min read