FirstWave Cloud Plans for Global Public Release of AI-Powered Compliance Management Features

MT Newswires Live

Aug 20, 2025

FirstWave Cloud Technology (ASX:FCT) said that its artificial intelligence-powered compliance management capability for Open-AudIT entered final testing, with a global public release scheduled by

Oct. 14, according to a Wednesday Australian bourse filing.

The release for early-adopting customers is scheduled for Sept. 9.

It plans to introduce a subscription pathway for enterprise-grade compliance management, to convert an estimated 150,000 free-tier organizations into paying customers.

Users will receive continuous and up-to-date AI-powered compliance reporting of potential security vulnerabilities affecting the systems by connecting the Open-AudIT data into the newly launched FirstWave Cloud.

The firm said it is currently in talks with several blue-chip customers who have identified this as a critical requirement.

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