Tech firm QT Software launches Rwanda's very own messaging app
QT Software, a tech firm based in Kigali has launched a brand-new messaging app that is said to be an alternative to WhatsApp. QT Connect has sold over a 1000 licenses in less than a year and is looking to triple that number within 2021. CNBC Africa spoke to QT Software CEO, Vincent Ruzibuka for more.
Wed, 27 Jan 2021 11:36:31 GMT
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AI Generated Summary
- QT Connect features double-layer encryption and a focus on data security, setting it apart from other messaging apps in the market.
- QT Software's unique license-based business model distinguishes it from free messaging platforms like Signal or Telegram, ensuring a sustainable revenue stream.
- The company's strategic expansion plans include targeting the consumer market while maintaining a strong presence in serving enterprise clients, reflecting a well-rounded approach to growth and sustainability.
QT Software, a tech firm based in Kigali, Rwanda, has recently unveiled a new messaging application called QT Connect, which is positioned as a secure alternative to popular messaging platforms like WhatsApp. The application, designed primarily for enterprise and corporate clients, boasts advanced security features such as double-layer encryption and is built from scratch to ensure data integrity and confidentiality.
Vincent Ruzibuka, the CEO of QT Software, revealed in an interview with CNBC Africa that the company has been focusing on serving enterprise and corporate clients due to their heightened sensitivity towards data security. By collaborating with experienced consultants from India, QT Software has crafted a robust communication tool that prioritizes secure data transmission.
Ruzibuka emphasized that compared to publicly available messaging apps, such as Signal or Telegram, QT Connect sets itself apart through its unique business model. Instead of offering a free service, QT Software adopts a license-based approach, wherein clients pay for using the application, ensuring a sustainable revenue stream for the company.
When questioned about the long-term strategy for QT Connect, Ruzibuka shared the company's ambition to expand beyond the enterprise sector and tap into the consumer market. As data privacy concerns continue to escalate, QT Software envisions a future where its messaging app will compete with industry giants while maintaining a strong focus on user security.
Despite initially focusing on enterprise clients, QT Connect has already garnered significant traction in the market, with over 1500 user licenses acquired in the past two years. Looking ahead, QT Software anticipates doubling or even tripling this number in 2021 as they prepare to launch the application to a broader audience.
As QT Software gears up for the public release of QT Connect, Ruzibuka emphasized the importance of striking a balance between the needs of enterprise clients and the expectations of the general public. While the company aims to offer a competitive messaging platform to consumers, it remains committed to serving its corporate clientele with tailored solutions.
With a strong emphasis on data security, innovative business strategy, and plans for market expansion, QT Software is poised to make a significant impact in the messaging app landscape. As the tech firm continues to evolve its offerings and reach new audiences, the future looks promising for QT Connect and the Rwandan tech industry as a whole.