This company is expanding its SaaS services for first responders. The growing and evolving global SaaS market is expected to grow to over $273 billion this year.
Video and audio compression solution leader Cytta Corp. (OTCQB:CYCA), announced the expansion of its new enterprise-grade cloud-based AI-powered Software-as-a-Service (SaaS) offering for the flagship IGAN Incident Command Platform. According to the company’s press release, Cytta plans to start field deployments to its First Responder by Q1 2022.
This model is expected to allow Cytta to provide turn-key agile solutions with a recurring revenue stream and higher margin and will be available in the first quarter 2022.
Shares which recently reached a new high, were trading down in late morning trade.