International Expansion with IDC contract wins in New Zealand and Australia

Asset Vision’s CEO, Damian Smith commented on the wins:

“We are extremely happy with the way our newly acquired EagleSoft technology and its people have enhanced the overall Asset Vision solution. These contract wins tell a much bigger story than the initial revenue value they represent. One of these contracts positions EagleSoft’s automated inventory and defect detection capability to be utilised during the bid process for a large road maintenance contract in New Zealand. If the bid is successful, this could lead to a much larger ongoing engagement.”

“In addition to the win in New Zealand, EagleSoft won a piece of work with one of their existing clients to undertake an audit of road safety barriers. This represents a new service that we can now provide to other clients.”

“Finally, we are thrilled that EagleSoft will be used alongside Asset Vision on a selection of Ventia’s maintenance contracts in Victoria, NSW and Queensland; a powerful test of our end-to-end Intelligent Asset Management Platform. I am confident this will pave the way to extend EagleSoft’s use across more than 120,000 kilometres of road network currently maintained within Asset Vision.”

Read the full ASX announcement here:
https://futurefirsttech.io/_files/pdfs/asx-announcement—international-expansion-with-contracts-wins-ain-nz-and-australia.pdfav-esa.pdf