Pointerra to partner with K2fly as a reseller of 3D Data as a Service technology

By Trevor Hoey. Published at Apr 19, 2017, in Technology

3D geospatial data technology group, Pointerra (ASX:3DP) has entered into a partnership and signed a reseller agreement with ASX listed enterprise asset management technology company K2fly (ASX: K2F).

In terms of the agreement, 3DP’s data technology will be sold by K2F under a commission based sales model, generating ongoing monthly Data as a Service (DaaS) customers at enterprise level price points.

The partnership offers mutual benefits as K2F specialises in the provision of infrastructure asset management to asset intensive industries via a software technology platform and consulting services.

This partnerships is in its early stages, so investors should seek professional financial advice for further information if considering this stock foe their portfolio.

In onselling 3DP’s products, K2F said it would target high-value enterprise customers who have specific asset management challenges that include the need to better manage, leverage and share their valuable 3D datasets.

In commenting on this development, 3DP’s Managing Director, Ian Olson said, “K2F’s trusted advisor status with key Tier 1 clients in Australia, combined with its focus on technology-based asset management solutions makes them a good fit to represent Pointerra in this important market”.

Distribution agreement provides revenue diversification and predictability

The agreement also expands the company’s sources of revenue, adding to its diversification across industries which currently include aerospace, engineering, surveying, drone operators and aerial mapping.

The conversion of current trials to paying customers under the monthly recurring revenue DaaS model will assist in providing earnings visibility, an important attribute for a company operating in the technology space where substantial investment in research and development is generally required.

From a broader perspective, Olson pointed to the various relationships 3DP has established in saying, “Pointerra is working collaboratively with a number of global, regional and Australian Tier 1 strategic partners from the geospatial, engineering, technology and aerospace sectors who are typically embedding Pointerra’s technology into their broader geospatial software, 3D digital asset management, data analytics and data capture offerings”.

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise.

Finfeed.com provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more.

Finfeed.com is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!

X