OTTAWA, Sept. 22, 2021 (GLOBE NEWSWIRE) -- ProntoForms Corporation (TSXV: PFM), the global leader in field-focused low-code application platforms for enterprise, announced today a Fortune 500 global construction organization deployed the ProntoForms solution to 600+ technicians for inspections and preventative maintenance to support their digital transformation journey.
The multi-billion-dollar Fortune 500 construction organization maintains large construction and engineering assets across industries—including mining, transportation, oil & gas, manufacturing, and utilities. Furthermore, there is potential for broader use cases across the organization—including OSHA compliance, safety, and analytics. They could also expand to include features like ProntoForms Teamwork and app-to-app integration with Salesforce.
Optimizing Asset Performance and Longevity
The organization was looking to achieve digital transformation within the field by modernizing the workflow process and eliminating the need for paper. Adoption was also critical with a technician force that was accustomed to manual processes and paper. Implementing ProntoForms has allowed the organization to have a complete asset management program with resulting downtime reduction, rich data collection, and asset lifecycle tracking.
ProntoForms’ easy-to-use forms and form builder was a huge draw for the organization by allowing them to reduce 2000 forms to 40 adaptive forms that can be used offline. Camera-to-text (OCR) was also a critical patented feature as the organization previously did not have historical asset data. Using OCR to capture barcodes, serial numbers, and model numbers allows the organization to track the asset lifecycle that previously cost them millions of dollars.
Building on Core Use Cases in Construction
“We see great potential with this enterprise construction organization; they represent the core use cases and business outcomes that ProntoForms excels at. The organization is a world leader at what they do and we will help them do it better,” said Alvaro Pombo, Founder and Chief Executive Officer of ProntoForms. “Empowering enterprise organizations to achieve digital transformation and improve efficiency is central to what ProntoForms does. Combine that with our ease of use and rapid onboarding and it creates a powerful platform.”
Mr. Pombo continued, “This platform continues to be well-positioned as we’ve seen time and time again how important our functionality is for field teams. Our platform is designed to be effective in any remote working environment and there is a continued growth in demand for a solution that enables team members to collaborate on or offline. Coupling enterprise-grade features with an easy-to-build and use platform is a winning combination for our customers accelerating their digital transformation journey.”
About ProntoForms Corporation
ProntoForms is the global leader in field-focused low-code application platforms for enterprise. The Company's solution is used to create apps and forms to collect and analyze field data with smartphones and tablets – either as a standalone solution or as a mobile front-end to enterprise systems of record.
The Company’s 100,000+ subscribers harness the intuitive, secure, and scalable solution to increase productivity, improve quality of service, and mitigate risks. The Company is based in Ottawa, Canada, and trades on the TSXV under the symbol PFM. ProntoForms is the registered trademark of ProntoForms Inc., a wholly owned subsidiary of ProntoForms Corporation.
For additional information, please contact:
| Alvaro Pombo Chief Executive Officer ProntoForms Corporation 613.599.8288 ext. 1111 apombo@prontoforms.com | Babak Pedram Investor Relations Virtus Advisory Group Inc. 416-644-5081 bpedram@virtusadvisory.com |
Certain information in this press release may constitute forward-looking information. For example, statements about the potential for expansion or other use cases with this or other customers, statements about ProntoForms’ future growth or value and statements about expected increase in adoption and usage of ProntoForms products are forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The customer referred to is under no obligation to expand or continue its use of ProntoForms products, ProntoForms may not grow as anticipated or at all, product adoption and usage may not increase as expected or could decrease, and anticipated market trends may not occur or continue. ProntoForms assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws. Please see “Risk Factors Affecting Future Results” in ProntoForms’ most recent management discussion and analysis found at www.sedar.com for a discussion of risk factors that could cause actual results to differ from expected results.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
