Skkynet Cloud Systems (OTCMKTS:SKKY) Stock Gains Momentum: Jumps 9%

Shares of Skkynet Cloud Systems (OTCMKTS:SKKY) ended higher in the previous trading on unusual volume. Here is why

Market Reaction

On Tuesday, SKKY stock moved up 9.28% to $0.7759 with more than 900 shares, compared to its average volume of 1.9k shares. The stock has moved within a range of $0.5980 – 0.7759 after opening trade at $0.5980.

Launches Skkynet DataHub® Service for Microsoft Azure

Global leader and innovator in real-time information systems, Skkynet Cloud Systems (OTCMKTS:SKKY), on November 30, 2021, announced that its Skkynet’sDataHub technology for real-time industrial data communications is available on Microsoft Azure Marketplace.

This will enable Azure customers to securely acquire, monitor as well as control their live process data.

Paul Thomas, President of Skkynet said that the DataHub service gives a unique opportunity to integrate operations technology with IT on Microsoft Azure. Thomas added that users will be able to aggregate data feeds from several sources and also feed data to data lakes, dashboards as well as other connected programs.

Rick Lisowski, President of Skye Controls & Design in Spencerport, NY said that he has been working with grocery store water systems, municipal facilities, and pharmacy production equipment and all managers are requesting secure access to the data.

Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp said that its marketplace empowers customers to deploy software solutions certified and optimized to function on Azure. The SkkynetDataHub service connects to Azure IoT Hub for real-time remote monitoring as well as data logging. It harnesses standard industrial protocols such as OPC UA or MQTT enabling users to connect to popular applications.

Based on the company’s patented technology utilizing outbound-only connections for ensuring no attack surface, it requires no IT policy changes.

Key Quote

“I’ve been working with pharmacy production equipment, grocery store water systems, municipal facilities, and universities where the managers all need the same thing: secure access to their process data,” said Rick Lisowski, President of Skye Controls & Design in Spencerport, NY. “Connecting the hardware they use to the DataHub software running on Azure puts it all together. Now my motto is: I can get any data from anywhere and push it to where you need it.”

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