Softech Corp. has been granted an initial licence to use a technology that it has developed to make software available to businesses to sell to customers on the internet.
The Canadian company said it won the $1 million competition in the Canadian Computer Software Industry (CCSI) under the Government of Canada’s $2.5 billion Internet Infrastructure Canada (IIC).
The winner will be announced on Tuesday.
Softech’s technology is a cloud-based software suite that enables companies to store data and create software applications that can be installed on computers or devices.
It uses a technology called “cloud-fronted storage,” which is the term used to describe how the software stores the data in a cloud.
A software vendor like Amazon, Microsoft, Apple, Google or IBM can buy this storage, and use it to build applications.
Companies buy this technology and install it on their computers or other devices, where it can then be accessed by a customer.
It is a popular way to store and share information, and companies like SofTech are finding that it can be used for a wide range of applications, from social media to cloud storage to mobile phone apps.
The company said its technology can be useful for businesses, as well as governments and the military.
The technology works by using a cloud service provider called Cloudflare to access the cloud-fronting storage, store it, and then upload the data to a server in another location.
It then makes a copy of the original data on the cloud, which is stored in the cloud.
The original data is then sent to a cloud server.
The software, which was developed by Softecs team in the United States, is also used by a number of other companies to run their own business applications.
So f urthermore, Softec is now developing an open source version of the software, called Softes Software Suite.
The software is also open source and can be downloaded from the company’s website, so companies can develop their own applications to use the technology.
“We are very proud of this achievement and proud to be working with this amazing team from Canada,” Sof Tec co-founder and CEO David Wojciechowski said in a statement.
The first round of the competition had a $1,000 prize for the winner.
Sofi teks is currently based in Toronto.
It has also announced plans to launch a new business unit in Montreal.