Smartspace to deploy SwipedOn solution across Gategroup's international estate
Smartspace Software
90.00p
16:55 30/04/24
Software firm Smartspace said on Friday that has inked a new international customer agreement with Gategroup that will see the company deploy its SwipedOn visitor management solution across the client's international estate.
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Smartspace said the contract, secured by its SwipedOn subsidiary, will commence immediately in the UK, Europe, the USA and Australasia, with 100% of revenues earned from the contract expected to be recurring software-as-a-service revenues.
The AIM-listed firm highlighted that the agreement was "strategically important" and represented a "significant milestone in the evolution of SmartSpace's sales capability in SwipedOn", with the group now increasing its focus on larger clients with a multi-location international presence.
Smartspace also noted that it reinforces current group forecasts and provides "a platform for further important wins of this nature".
SwipedOn managing director Hadleigh Ford said: "We have been working closely with the Gategroup team over the last few months. One of the key criteria for Gategroup was to create a covid-safe environment for their employees, contractors and customers.
"With Nicole Brooky heading up our sales team globally, securing our first large multi-location single contract deal illustrates SwipedOn's ongoing focus on securing significant revenue-generating deals."
As of 1025 BST, Smartspace shares were up 5.19% at 162.0p.