BNamericas - Claro DR invests in the next generation of F...
Summary
SYDNEY - December 01, 2022 - Global cybersecurity and network management software company, FirstWave Cloud Technology Limited (ASX: FCT) (FirstWave), has entered into an agreement with Claro Dominican Republic - the largest telecommunications company in the Dominican Republic. Having entrusted their network monitoring to FirstWave (previously Opmantek) for over 10 years, Claro DR has committed to licensing the recently released NMIS 9.4 suite of products, with the agreement including US$300K in up-front fees and US$155K in Annual Recurring Revenue (ARR) for an extended and expanded range of software support services valuing the initial order at US$455K. "Were thrilled with our new agreement with Claro DR and are looking forward to supporting their success as they leverage the benefits of NMIS 9 and its suite of network management software." The primary software modules being utilised by Claro DR include: • NMIS - The core for FirstWaves network management, monitoring and auditing software modules • opEvents - Processing the diagnostics of events and leveraging intelligent automation to remediate issues • opReports -Turning data into insights to gain a better understanding of service levels and performance of network environments. "Since the acquisition of Opmantek in January our strategy has included a focus on and commitment to telecommunications carriers across US, LATAM and Australia," Maher said.