Visium Technologies, Inc. (OTC Pink: VISM) is engaged as a provider of real-time cybersecurity, context-based analysis, and predictive technologies. Shares of the advanced technology company are jumping 44% through early trading on Wednesday, August 18, 2021. Over the past thirty days, Visium Technologies has seen average daily volume of 9.46 million shares. However, volume of 122.1 million shares or dollar volume of $1.07 million, has already exchanged hands through early trading on Wednesday.
Shares of Visium rallied after the company announced it has engaged Datadog, Inc. (NASDAQ: DDOG) as a technology partner. Datadog’s proprietary Software-as-a-Service (SaaS) platform serves as a monitoring and security platform for cloud-based applications.
Under the initial agreement, Visium Technologies will integrate its TruContext applications with Datadog’s data monitoring platform. The integration will allow Datadog’s platform to provide context-based analysis and visualization for cybersecurity-focused threat intelligence. TruContext serves as a key complement to Datadog’s existing monitoring and data applications.
For customers of TruContext, the Datadog integration will allow users to rely on a centralized platform. Rather than required to store raw data on numerous platforms, TruContext users will have the benefit of a “single pane glass view.” Furthermore, TruContext users are able to benefit from Datadog’s cloud-based monitoring and security features.
Mark Lucky, Visium’s Chief Executive Officer, commented, “We are pleased to be working with a world-class and innovative company like Datadog and their over 16,000 customers worldwide -TruContext now delivers enhanced cyber analytics to the Datadog dashboard and enhances their security focused intelligence, compliance, and monitoring tools.” Visium looks forward to a long relationship with Datadog as TruContext continues to develop and add content to its application.
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