08.03.2019 15:55 CEST/EET (UTC +2)
Innofactor Plc Stock Exchange Release March 8, 2019, at 15:55 Finnish time
The City of Espoo has selected Innofactor in a public procurement competition as the provider of a SaaS decision-making system. The target of the procurement is a decision-making system, which includes the solution and its licenses, delivery and implementation projects, maintenance and support services, and specialist services for small development and implementations. The goal is to have the solution to serve the decision-making in the City of Espoo and its preparation in all of the city offices and institutions. The solution utilizes a data flow plan and includes an electronic meeting management, a register of elected officials, and a contract register. The system to be provided by Innofactor will be based on Innofactor's Dynasty product family. The system delivery and the related integrations are planned to be implemented during 2019–2020. Stated by the City of Espoo in the procurement decision, the estimated total value (excluding VAT) is EUR 1,500,000 of which EUR 950,000 is budgeted for next four years.
"We are proud to be able to deliver this decision-making system solution to the City of Espoo. The Dynasty product has a long history of over 25 years, during which the product has been continuously developed to fulfill the customers' evolving needs. The deal is significant for Innofactor and further strengthens Innofactor's leading position in the case management and archiving solutions market in Finland. It also strengthens our long-term customer relationship with the City of Espoo," says Innofactor's CEO Sami Ensio.
Espoo is the home of over 270,000 people. As the second largest city in Finland, it is a living, growing, developing and welcoming place to live. The city offers its residents versatile services, good traffic connections, well cared of parks and recreation areas, good education possibilities, and many other things important for people's well-being. Espoo combines top level know-how, versatile nature, and comfortable and safe residential areas. The services in Espoo are used by approximately 14,000 employees and 30,000 pupils. As electronic services are being extended, a growing number of of residents, customers and visitors will also be using them.
The decision will be legally valid after the appeal period defined in the Procurement Act has passed.
Espoo, March 8, 2019
Sami Ensio, CEO
Sami Ensio, CEO
Tel. +358 50 584 2029
Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its over 1,500 customers in commercial, public and third sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has approximately 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. In 2014–2018, the annual growth of Innofactor's net sales has been approximately over 14%. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. www.innofactor.com #ModernDigitalOrganization