Innofactor Plc Stock Exchange Release June 23, 2016, at 14:15 Finnish time
On June 23, 2016, ABB Suomi Oy and Innofactor Plc signed an agreement on the delivery of an Azure-based Integrated Management System to be used by ABB in Finland and the Baltic countries. The total value of the agreement is approximately EUR 925 thousand. The solution is based on Innofactor’s Quality First out-of-the-box product, and the management system is used in a Microsoft Azure cloud environment. The three-year agreement encompasses management system licenses and their maintenance, the delivery project, support and maintenance services as well as Innofactor’s Azure Managed Services.
“The transaction is strategically important for Innofactor and also the largest Quality First transaction in the company’s history. In line with our strategy, we want to boost the business based on our own products. For its part, the transaction also strengthens Innofactor’s position as a Microsoft Azure cloud service provider in Finland,” says Innofactor’s CEO Sami Ensio.
ABB is a leading power and automation technology corporation, with headquarters in Zürich, Switzerland. ABB employs approximately 140,000 people in 100 countries, roughly 5,200 of them in Finland. The company’s shares are traded on the Zürich, Stockholm and New York stock exchanges. In Finland, ABB is one of the largest industrial employers in the country and the largest in the Helsinki Metropolitan Region. The company’s revenue is approximately EUR 2.2 billion, and in 2015, it invested EUR 138 million in R&D.
Espoo, June 23, 2016
INNOFACTOR PLC
Sami Ensio, CEO
Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029
Distribution:
NASDAQ Helsinki
Main media
www.innofactor.com
Innofactor
is one of the leading Nordic IT solution providers focused on Microsoft platforms. Innofactor delivers business critical solutions and maintenance services as a system integrator and develops its own software products and services. The focus area in Innofactor’s own product development is Microsoft’s cloud solutions. Innofactor's customers include over 1,200 private and public sector organizations in the Nordic Countries. The company has over 500 motivated and skilled employees in a number of locations in Finland, Sweden and Denmark. In 2011–2015, the annual growth of Innofactor’s net sales has been approximately 35%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy.
www.innofactor.com