Induct - First ad-based revenue generated on the extended platform

Induct has started to use Google’s Ad Manager platform to manage the ad-based business model for the next generation Induct platform.

“We are just in time to reach our milestone of generating our first ad-based revenues in Q1” says CEO Alf Martin Johansen in Induct.

Induct opened its new extended platform for external users February 1st earlier this year. Until now, selected users have been on the platform and provided insight and improvements for further development.

“We have achieved a milestone we have been looking forward to for a long time, started to generate ad revenues” says Johansen. “Now, we are looking forward to onboard users”.

Induct expect to generate NOK 15 for each active user on the platform per month.

           

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct

Based on ten years of collaboration with more than 250 organizations, Induct offers collaborative communities, delivered as "Software as a Service," that enable organizations to digitalize and manage business processes. This also include create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network.

Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.

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