School SMS and IT services company MGM Wireless (ASX:MWR) has unveiled Rollstar, a new cloud-based roll marking solution.
The company revealed it was well advanced with development of the system, and expects to be able to unveil a prototype on 22 November. The final product should be completed by the time the new school year starts in March 2011.
MGM CEO, Mark Fortunatow, said MGM Wireless developed Rollstar based on the growing popularity of cloud services.
“As the National Broadband Network is deployed across Australia, we will see a change in the way schools think about their software needs. [They will] re-engineer their business process to take advantage of the opportunities cloud computing has to offer,” he said.
MGM expects the tipping point for cloud adoption to occur sometime in the next year or two, he added.
While the product was developed off-shore, Australian student data will remain locally stored within an Australian cloud environment, MGM said. Design and testing of Rollstar was carried out in Adelaide.
The creation of the service means MGM will not have to support many installations at individual schools, and will only have to patch its software once rather than sending updates to hundreds of customers, Fortunatow said.
MWR shares closed Friday's trading unchanged at $0.008.