Cloudpoint Technology Bhd

Cloudpoint Technology Bhd

MMYX:CLOUDPT
0.49
MYR
+0.01
(+2.11%)
Dec 02Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Wai Hoong Choong
Full Time Employees
181
Sector
Technology services
Industry
Information technology services
Address
Kuala Lumpur Malaysia
IPO Date
May 29, 2023
Business
Cloudpoint Technology Berhad is a Malaysia-based investment holding company and enterprise information technology (IT) solutions provider that specializes in delivering digital infrastructure, cloud architecture, cybersecurity, and managed IT services. Founded in 2003 and headquartered in Petaling Jaya, Selangor, Malaysia, the company primarily serves large enterprise clients, telecommunications operators, government-linked entities, and financial services institutions (FSIs), including major commercial banks and insurance providers across Malaysia and Southeast Asia. The company operates through its key business segments encompassing Enterprise IT Solutions, Professional IT Services, and Managed IT Services. The company provides a comprehensive suite of IT infrastructure and digital transformation offerings, which are categorized into: enterprise networking solutions, including local area networks (LAN), wide area networks (WAN), wireless networking, software-defined networking (SDN), and high-performance routing and switching architecture; cybersecurity and data protection solutions, comprising next-generation firewalls (NGFW), intrusion prevention systems (IPS), web application firewalls, zero-trust network access (ZTNA), identity and access management (IAM), endpoint detection and response (EDR), and data loss prevention (DLP); cloud and data center infrastructure solutions, including private, public, and hybrid cloud architecture, server virtualization, hyperconverged infrastructure (HCI), enterprise storage area networks (SAN), and automated data backup and disaster recovery systems; professional IT services, consisting of IT infrastructure consulting, network design and deployment, system integration, project management, and legacy modernization; managed IT services, encompassing 24/7 remote network monitoring, managed detection and response (MDR), cybersecurity operations, technical support, IT maintenance contracts, and infrastructure lifecycle management; and hardware and software distribution, providing enterprise hardware appliances, server units, storage arrays, network switches, and software licensing in partnership with leading global technology vendors such as Cisco Systems, Palo Alto Networks, Fortinet, Dell Technologies, and VMware. In recent corporate developments, Cloudpoint Technology Berhad completed its initial public offering on the ACE Market of Bursa Malaysia to fund business expansion and technological development. To strengthen its digital solutions ecosystem and broaden its footprint within the financial technology sector, the company completed the strategic acquisition of majority equity stakes in Unique Vision Technologies Sdn Bhd and Uniqits Sdn Bhd, expanding its capabilities into artificial intelligence (AI) integration, enterprise application development, and specialized digital banking and customer onboarding solutions for financial institutions. Additionally, the company has expanded its operational infrastructure by launching a dedicated 24/7 Security Operations Centre (SOC) and Network Operations Centre (NOC) to scale its recurring-revenue managed security service offerings, while deepening strategic alliances with global cybersecurity and cloud providers to deploy sovereign cloud and enterprise AI infrastructure across the Malaysian market.