Department of Defence renews archTIS software subscription
The Australian Department of Defence has renewed its annual software subscription licence for the NC Protect product through Nucleus Cyber, a newly acquired subsidiary of archTIS. The NC Protect solution leverages existing technology investments to provide a simpler and faster solution to tailor information protection for file sharing, messaging and chat across an organisation’s collaboration tools, such as Microsoft Office 365.
The annual contract value for the NC Protect subscription renewal is $148,866. With the renewal, the Group’s recurring annual subscription revenue from the Australian Department of Defence is now $950,000.
Daniel Lai, archTIS Managing Director, said the renewal demonstrates the strategic value of the Nucleus Cyber acquisition, and provides archTIS customers with a range of policy enforcement products to secure and share information assets. With the merger, archTIS can provide products to secure its clients’ Microsoft business applications.
“The Defence renewal validates the quality and uniqueness of NC Protect. This renewal and our recent Kojensi sales strongly position archTIS as a key provider of information security products to the Australian Department of Defence,” said Lai.
archTIS acquired Nucleus Cyber in December 2020, and the renewal of this subscription licence demonstrates the value and quality of the NC Protect product and its Attribute-based access controls (ABAC) security model with the Microsoft software stack for the Australian Department of Defence.
This is archTIS’s second software contract licence with the Department of Defence, following a $4.2 million contract in September 2020 to lead risk reduction activities relating to cross-domain classified information sharing. These contracts follow the recent announcement by the Australian Government that it will spend $15 billion on Defence information management and cybersecurity over the next 10 years.
Kurt Mueffelmann, archTIS Global COO, said he is delighted that the Australian Department of Defence renewed its subscription of NC Protect, adding that Defence is a joint customer of Nucleus Cyber and archTIS.
“archTIS and Nucleus Cyber attributed-based access control (ABAC) technology platforms and shared customer base validate this modern approach to protecting highly sensitive data across the world’s most classified networks. We look forward to the continued expansion of the Defence relationship,” said Mueffelmann.
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