Nexion (ASX:NNG) - CEO, Paul Glass
CEO, Paul Glass
Source: Paul Glass/LinkedIn
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Nexion Group (NNG) announces the addition of SmartRooms, a mission critical infrastructure monitoring software to its solution portfolio
  • NNG believes that the new addition helps bridge the gap between cyber security and facility security, which is the company’s core focus
  • NNG believes that the solution will “allow ‘Disaster Prevention’ instead of ‘Disaster Recovery'”
  • The SmartRoom is available for purchase on the company’s website and offers a range of products for monitoring work environment risk factors
  • NNG shares have ended the day trading steady at 13.5 cents.

Nexion Group (NNG) has announced the addition of SmartRooms, a mission critical infrastructure monitoring software to its solution portfolio.

NNG believes that the new addition helps bridge the gap between cyber security and facility security, which is the company’s core focus.

Through its US-based tech partner AVTECH software, NNG will provide a single source solution that automatically discovers devices across the network, logs and graphs sensor data and alerts users when environmental events occur, which is the cause of 30 per cent of all downtime, data loss and damages that organisations face.

In NNG’s words, the solution will “allow ‘Disaster Prevention’ instead of ‘Disaster Recovery'”.

The SmartRoom is available for purchase on its website and offers a range of products for monitoring work environment risk factors.

It is estimated that the enterprise IoT platform market will grow to US$7.6 billion (A$10.38 billion).

NNG shares have ended the day trading steady at 13.5 cents.

NNG by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX flatlines as Financials flourish and Utilities flounder

The ASX200 closed trading relatively flat. The financials sector gained the most, up 0.35 of a…

Aus inflation read of 3.6% spooks ASX – before quickly returning to green

Australian inflation has come in mixed with an increase of 1% in the March quarter, but…