FirstWave Cloud Technology (ASX:FCT) has announced the release of Open-AudIT 7.0.0, a major new version of its AI-powered compliance and audit software, introducing a revised licensing model under which every new download begins with a 30-day Enterprise licence covering unlimited devices.

Key Points

  • Open-AudIT 7.0.0 launches with a new licensing model giving all new and upgrading users a 30-day unlimited-device Enterprise trial from day one.
  • A rebuilt credential-free discovery engine uses 61 protocol helpers and identifies OT devices including PLC and SCADA systems, as well as NAS devices and server management controllers.
  • Four new compliance control sets — CBDDO and BDDK (Türkiye), NCA ECC (Saudi Arabia), and ASD Essentials (Australia) — join ISO 27001, providing a combined 1,304 controls.
  • The Open-AudIT sales pipeline stood at A$1.7 million across 39 deals at the time of the company's October 2026 investor presentation.

New Licensing Model for Open-AudIT 7

Under the revised licensing structure introduced with version 7, every download of Open-AudIT begins with a 30-day Enterprise licence covering unlimited devices, replacing the previous approach where users received the free edition and were separately invited to activate an Enterprise trial. Existing users upgrading from version 6 also receive the trial licence. At the end of the 30-day period, users may purchase a licence, request an extension from FirstWave's sales team, or move to the Free edition. The new model also captures an email address upon activation.

Key Features of Open-AudIT Version 7

The release introduces credential-free discovery, three new mapping capabilities — Network Dependency Mapping, Network Routing Map, and Application Relationship Mapping — and expanded security and compliance benchmarking. Windows and Active Directory benchmarking against the DISA STIGs has been added alongside existing AI-driven CVE matching and alerting. The software now also tracks certificates, domains, and vendors with ownership, expiry, and renewal dates. VP of Products Sharon Hunneybell said in the filing that much of the product came directly from customer and partner requests and that the new licensing model means every organisation experiences the full Enterprise product from day one.

User Base and Pipeline Figures

As reported in the company's October 2026 investor presentation, Open-AudIT recorded one download every 7.8 minutes and more than 20,000 Open-AudIT organisations had upgraded at the time of that presentation. The Open-AudIT sales pipeline stood at A$1.7 million across 39 deals. The company noted that pipeline values represent sales opportunities under discussion and are provided for information purposes, separate from any revenue forecast. The filing states that the new licensing model gives FirstWave a larger group of users to convert from free to paid licences.