Innofactor Plc Stock Exchange Release August 23, 2013 at 11:15 Finnish time (EET)
Innofactor was selected in a public procurement procedure to deliver centralized data warehouse maintenance and further development for Aalto University. The estimated value of the contract is EUR 568,490.
The delivery includes the deployment of Aalto University's centralized data warehouse services, maintenance, further development, and delivering system integration interfaces and their maintenance.
Aalto University uses the Microsoft SQL Server based centralized data warehouse for producing reporting information for the University itself as well as to external stakeholders, such as the Ministry of Education and Culture. The data warehouse can be used to easily generate reports based on source data from multiple applications or areas. Aalto`s data warehouse is a so called Enterprise Data Warehouse (EDW) and it is based on the academic data XDW concept model. Delivery also includes improving data warehouse performance and automating the monitoring process in addition to providing data warehouse maintenance and further development.
The transaction strengthens Innofactor`s position as a major provider for Business Intelligence solutions based on Microsoft technologies. Business intelligence is one of Innofactor`s core competencies.
Aalto University, Finland, established in 2010, is a multidisciplinary science and art community in the fields of science, economics, and art and design. The University’s goal is to develop as a unique entity to become one of the world’s top universities by 2020. There are 20,000 basic degree and graduate students at Aalto University and its annual budget is EUR 400 million (2011).
Sami Ensio, CEO
Sami Ensio, CEO
Tel. +358 50 584 2029
NASDAQ OMX Helsinki
Innofactor is one of the leading software providers focused on Microsoft solutions in the Nordic Countries. Innofactor delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus area in Innofactor’s own product development is Microsoft Azure-based cloud solutions. Innofactor's customers include about 1,700 commercial and public sector organizations in Finland, Denmark and elsewhere in Europe. In its operation, Innofactor strives for long-term customer relationships. Innofactor has about 400 motivated and skilled employees in several locations in Finland, Denmark and Russia. The five year (2008 to 2012) growth of Innofactor's net sales has been about 35 percent annually. Innofactor is the fastest growing technology company in the Finnish stock exchange. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy.