Real time cyber security and predictive visualisation tech solutions provider Visium Technologies Inc (OTCMKTS:VISM) could be in focus this morning in the markets, considering the performance of its stock this past Friday.
There was no announcement from the company last week but the stock was on the move and on Friday, ended with gains of as much as 18%. While it is true there was no news about Visium last week, it should be noted that back on August 18, the company announced that it was a technology partner of the data analytics platform operator Datadog Inc.
Datadog is involved in providing monitoring services meant for cloud scale based applications. In this regard, it was also announced that the TruContext application from Visium had also been integrated on to the platform in order to provide intelligence with respect to cyber security threats. The Chief Executive Officer of Visium, Mark Lucky, spoke about the partnership as well.
He stated that the company was pleased for working with a ‘world class’ entity like Datadog and its 16000 customers spread all across the world. At this point, it might be a good move for investors to keep the Visium stock in their watch lists.