Soil Sub Technologies Ltd raises $5M, shifts to cloud mapping technology

| May 31, 2016

Soil Sub Technologies Ltd raises $5M, shifts to cloud mapping technology
"Soil Sub Technologies Ltd (ASX:SOI) has successfully closed a $5 million capital raising and will soon be relisted as Pointerra Ltd as part of a reverse takeover. The company had offered investors 166.6 million shares at an issue price of $0.03 each to raise $5 million, with RM Corporate Finance underwriting the offer up to $3.6 million. Pointerra is an emerging cloud based technology company building a Data as a Service (DaaS) solution for mapping the world in 3D through the processing, managing and sharing of cloud data sets."

Spotlight

Before you hit the ground running, let us help you prepare for what’s ahead. The cloud can be complicated, but we can help you make sense of, through this infographic


Other News
CLOUD INFRASTRUCTURE MANAGEMENT

Emmes Standardizes on Veeva Development Cloud to Streamline Product Development

Emmes, Veeva Systems | September 20, 2021

Emmes and Veeva Systems today announced that Emmes is standardizing on Veeva Development Cloud applications across functional areas to enable greater speed and compliance. The company will use applications in Vault Clinical, Vault Quality, and Vault Safety suites to establish a technology foundation for delivering clinical research and pharmacovigilance services to its global customers. "Our strategic partnership with Veeva empowers us to streamline how we work, improve visibility and oversight, and run faster, more cost-effective research programs," said Dr. Christine Dingivan, chief executive officer at Emmes. "Using agile and scalable cloud solu...

Read More

CLOUD APP MANAGEMENT

Rackspace Data Freedom Eliminates Cloud Lock-in and Runaway Transit Costs

Rackspace Technology | September 18, 2021

Rackspace Technology®, a leading end-to-end multicloud technology solutions company, today announced the launch of Rackspace Data Freedom, a new platform that allows customers to disaggregate storage from public cloud compute, freeing an organization’s data from being subject to often unpredictable and overwhelming public cloud data egress charges. “Data egress charges are an issue that organizations have been grappling with for years, but until now no provider has offered an intuitive solution for managing these costs or a footprint that comes close to the magnitude of ours,” said Michael Levy, director of product from Rackspace Technology. “Using ...

Read More

CLOUD APP MANAGEMENT

Mirantis Targets Legacy, Proprietary Infrastructure with Open Source, Cloud Native Data Center-as-a-Service

Mirantis | September 17, 2021

Mirantis, the open cloud company, announced Mirantis Flow, a vendor-agnostic, cloud-native data center-as-a-service aimed at businesses currently using costly, lock-in cloud infrastructure technology to modernize infrastructure while enabling both virtualization and containerization for all application types. Mirantis Flow also simplifies onboarding for businesses just beginning their cloud journey. Flow makes it easy to quickly — in as little as five days — deploy and run a centrally managed, scalable cloud infrastructure providing virtualization and containerization in the data center, on public cloud and out to the edge. Flow reduces cost and time-of-development...

Read More

CLOUD INFRASTRUCTURE MANAGEMENT

Minsait to Accelerate the Creation of Cloud-Based Business Solutions with the Appian Low-Code Automation Platform

Appian Corporation, Minsait | September 16, 2021

Minsait, an Indra company, has formed a strategic partnership with Appian to offer products and services in the cloud that drive the digital transformation of business operations through a low-code automation platform, the technology that minimizes manual code development to accelerate the creation of business solutions. Minsait will integrate the Appian Low-Code Automation Platform with business processes and systems for clients. This approach enables them to create applications with speed and agility, without the need for advanced software development skills. Low-code technology can reduce the design and development times of conventional cloud solutions by up to 50%, in addi...

Read More

Spotlight

Before you hit the ground running, let us help you prepare for what’s ahead. The cloud can be complicated, but we can help you make sense of, through this infographic

Resources

Events