Techstep signs new agreements worth NOK 2.1 million recurring revenue per year

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Techstep has signed two new agreements to deliver SmartControl to a total of 4,400 employees in Norway. 

SmartControl is a recurring Managed Service, where Techstep’s experts deliver best practice implementations, support, and proactive services. Techstep manage and secure the entire mobile eco-system of the customer’s enterprise, by combining Apple and Google Android knowledge and best in class software. This ensures that the customer’s devices and apps are always compliant, secure and up-to-date.  

The first agreement is signed with a large company within the energy sector to deliver SmartControl of 2,600 devices in Norway. The customer was looking for a long-term partner to optimise their mobile eco-system with a more proactive approach across several areas of Managed Mobility Services. Techstep was chosen due to proven experience and expertise within smarter mobile technology, as well as solid customer references also within the energy sector.   

The agreement of 12 months has a total contract value in excess of NOK 1.2 million recurring revenue per year. The solution will be deployed as soon as possible.  

Moreover, Techstep has signed a new agreement with Widerøe Ground Handling AS, Norway‘s largest ground service provider, to deliver SmartControl to 1,800 employees in Norway.    

Widerøe Ground Handling handles nearly 167,000 aircraft turnarounds annually, is present at 42 locations throughout Norway, and have more than 1,800 affiliated employees. They are a full-service ground provider to airlines such as Widerøe Flyveselskap, SAS, KLM, Air France, Norwegian, Lufthansa and more.  

With SmartContol, Widerøe Ground Handling will outsource their Mobile Device Management (MDM) platform and benefit from easer operation, maintenance, and security of work devices for their staff. Techstep was chosen due to high competence within Mobile Device Management and the mobile eco-system. The agreement of minimum 12 months has a total contract value of NOK 900,000 recurring revenue per year. The solution will be deployed as soon as possible. 

For more information, please contact: 

Børge Astrup, CEO, Techstep ASA: +47 928 27 676  

Ellen Solum, CFO, Techstep ASA: +47 976 66 717 

About Techstep ASA 

Techstep is a mobile technology company that enables organisations to perform smartly, securely and sustainably through combining software, mobile devices and services to meet customers´ business and ESG goals. We are a leading provider of managed mobility services in the Nordics serving more than 2,000 customers in Europe, with an annual revenue of NOK 1.3 billion in 2022. The company is listed on the Oslo Stock Exchange under the ticker TECH. To learn more about us, please visit www.techstep.io

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