INDUCT AS – NEW CONTRACT IN SPAIN

OSLO, 24 May 2017 – Induct AS has signed an agreement in the Spanish enterprise sector.

The new client is a leading company in the technology and engineering services sector. The client has developed an innovative approach in the development of new ideas for products and services. This includes the creation of an ecosystem for collaboration on internal and external projects and to capture new market trends.

«We look forward to deploying Induct’s innovation approach and software platform to manage this ecosystem and further accelerate the new client’s growth- and innovation efforts», says CEO Alf Martin Johansen in Induct.

The contract value is 150.000 NOK the first year, where 75.000 NOK is project revenue and 75.000 NOK is subscription revenue recurring annually.  

This is a contract in the vertical Enterprises, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector). 

           

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

           
      
About Induct

Based on eight years of collaboration with over 250 organizations globally, Induct offers a digital platform that enables efficient management of knowledge based projects and processes. In addition Induct enables the organisations to communicate, collaborate and share knowledge in a secure cloud-based network.

Subscriptions is the main source of income for Induct. Induct has customers in 9 countries

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

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