While Australian investors may be familiar with top tech shares such as Altium Limited (ASX: ALU) and XERO FPO NZX (ASX: XRO), there's some equally exciting tech shares flying largely under the radar that I think investors should be better acquainted with.
Here are two such shares that I have my eye on:
Big Un Ltd (ASX: BIG)
The Big Un share price has been on a tear this year thanks to the incredibly strong demand it has experienced for its subscription-based video technology products and services. This demand led the company to report a massive 429% increase in full-year cash receipts in FY 2017.
Impressively, thanks partly to its international expansion, the first-quarter of FY 2018 has started even stronger. A recent trading update revealed that management expects cash receipts of at least $14 million in the first-quarter, up 449% on the prior corresponding period.
Family Zone Cyber Safety Ltd (ASX: FZO)
Much like Big Un, the shares of this cyber safety products and services provider have gone gangbusters this year. Investors have clearly been impressed with a number of agreements the company has made with telcos and its breakthrough in the U.S. education sector.
Family Zone recently followed up its agreement with Indonesian telco company Telkomsel, which gives it access to upwards of 165 million mobile phone subscribers, with a deal with Malaysian telco giant Maxis Communications. The deal will see Family Zone provide embedded on-device and in-network technologies to make its innovative cyber safety ecosystem available to Maxis' 12 million subscribers.
