Sovereign Cloud Holdings Limited (SOV.AX)
Sovereign Cloud Holdings Limited operates in the Software - Infrastructure industry of the Technology sector, headquartered in Canberra, ACT, AU. The stock last traded at $0.26, down 1.89% on the session, giving a market capitalisation of $42.5M. Its beta of 0.78 implies it has historically moved less than the broad market.
This Australian-based company specializes in delivering cloud computing solutions, primarily catering to government entities and vital national sectors within Australia. Its core offering is a sovereign Infrastructure-as-a-Service (IaaS) platform. Furthermore, it furnishes a comprehensive cloud ecosystem, encompassing essential services like computational resources, data storage, backup facilities, and robust disaster recovery capabilities. This ecosystem also features specialized products such as M365 Backup and Desktop-as-a-Service, alongside an endpoint management solution called Workspace ONE. Solutions are distributed both directly to end-users and via an extensive network of partnership channels. Established in 2017, the firm operates from its main office situated in Canberra, Australia.
Sovereign Cloud Holdings Limited is most often compared with the following Technology names: