Contract with Lillehammer municipality

OSLO, 2 November 2017

Induct has signed contract with Lillehammer municipality in Norway. Lillehammer municipality (Lillehammer kommune) has signed an agreement for using the Induct platform.

Lillehammer’s goal is to improve quality in their project execution process and to manage their portfolio of initiatives more efficiently with Induct’s collaborative platform. Also, Lillehammer sees the potential for using the platform for citizen dialogue and employee engagement to further improve services in the region.

The contract value for this standard municipality module is  NOK 96.000 in annual subscription plus implementation services fee.

“Lillehammer will increase their efficiency by including the process methodologies described from KS and DIFI (“Prosjektveiviseren and Veikartet for Tjenesteinnovasjon / Samveis) into the Induct platform”, says CEO Alf Martin Johansen in Induct. “We see a large potential for several municipalities, not only to share proven initiatives in a common portal, but also adopting Induct as the solution for ensuring local execution and implementation of projects and improvements, resulting in better and more efficient services to the people living in the municipalities”.

This is a contract in the vertical Municipalities, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector).

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct
Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network. Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.

Induct: “Connecting Innovation Communities™

 

Posted on November 9, 2017 and filed under Company news, Investor relations, Stock announcements.

Extended Contract with Statoil

OSLO, 9 November 2017

Induct AS has extended the contract with Statoil ASA, Reference is made to the announcement on 5 April 2017 on a contract made with Statoil innovation department, which covered an initial pilot project.

Based on a successful completion of the pilot, and a high degree of satisfaction, Statoil will company-wide roll out the Induct platform. The ARR (annual recurring revenue) of the current contract is NOK 540,000. The contract also includes commercial terms for potentially deploying the Induct platform for supporting additional business processes and areas within Statoil.

“We are extremely pleased with the pilot project within Statoil, as it has demonstrated significant value so that we could enter into a permanent agreement. We are looking forward to the global roll out, and include additional business areas into the Induct platform”, says CEO Alf Martin Johansen in Induct.

This is a contract in the vertical Enterprises, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector).

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com
      
About Induct
Based on eight years of collaboration with over 250 organizations globally, Induct offers a digital platform that enables efficient management of knowledge based projects and processes. In addition Induct enables the organisations to communicate, collaborate and share knowledge in a secure cloud-based network.Subscriptions is the main source of income for Induct. Induct has customers in 9 countries. Induct is listed on the Merkur Market list on Oslo Stock Exchange with the ticker INDUCT-ME.

 

Posted on November 9, 2017 and filed under Company news, Investor relations, Stock announcements.

New Contract with Oslo University Hospital (OUS)

OSLO, NORWAY – October 25, 2017

Induct AS has signed a new contract with Oslo University Hospital (OUS), which covers the use of the module ‘Project Management’ at the Intervention Centre at OUS.

The Intervention Centre was established in 1996 as a national competence centre with the following objectives;

1.    Develop new procedures
2.    Develop new treatment strategies
3.    Compare new and existing strategies
4.    Optimise and develop advanced imaging techniques
5.    Study the social, economic, and organisational consequences of new procedures

Since OUS became an Induct client in 2010, three other modules of the Induct platform have been adopted at the hospital; ‘Innovation management’, ‘Procedure Management’ and recently ‘Lean management’.

Induct has during the last two years signed subscription contracts with 17 of the 30 Health Authorities in all four health regions in Norway. The numbers of subscription contracts is currently 23, which means that some Health Authorities subscribe to several modules to support different business processes.

"We are very glad to see the strong adoption of software in our home market Norway. We will use this experience to strengthen our position in much larger markets where we have a presence, such as Spain and the United Kingdom" said CEO Alf Martin Johansen of Induct.

This is a contract in the vertical Health, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector).

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct
Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network. Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME. Induct: “Connecting Innovation Communities™”

 

 

Posted on October 26, 2017 and filed under Company news, Investor relations, Stock announcements.

Contract with Norsk Tipping

OSLO, 25. October 2017

Induct AS has signed a software subscription contract with Norsk Tipping in Norway. Norsk Tipping is a government-owned limited company which offers games that create excitement and entertainment. Norsk Tipping has 400 employees, and every week the games they offer pay out millions in prize money. The games generate profits for Norsk Tipping of NOK 12 million each day, profit that benefit good causes.

The games include Tipping, Oddsen, Lotto, VikingLotto, Joker, Flax, Keno, Extra, Nabolaget, Eurojackpot, Multix, and Belago.

The contract covers NOK 150.000 in yearly subscription and NOK 162.000 in implementation services.

«We are very happy to welcome Norsk Tipping as an Induct client. We look forward to help Norsk Tipping in achieving their strategic goals more efficiently” , said CEO Alf Martin Johansen in Induct.

This is a contract in the vertical Enterprises, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector).

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct
Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network. Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME. Induct: “Connecting Innovation Communities™”

 

 

Posted on October 26, 2017 and filed under Company news, Stock announcements, Investor relations.

Induct – Shortlistet til Europeisk Børspris

OSLO, 11. september 2017

Oslo Børs nominerte tidligere i år Induct som en kandidat innen kategorien «Rising Star» for selskaper notert på en av de Europeiske børsene. Av 29 nominerte selskaper innen kategorien er Induct valgt ut som ett av tre selskaper som kan vinne prisen. Seremonien og kåringen av vinneren vil holdes i Brussel 22. november i år.

«At Induct er valgt ut som et av de tre mest spennende børsnoterte selskapene i Europa er veldig inspirerende for oss i Induct», sier Alf Martin Johansen, administrerende direktør i Induct. «Nå er det opp til oss å levere, slik at vi kan leve opp til forventningene til selskapet».

http://www.europeansmallandmidcapawards.eu/ finnes det mer informasjon om prisen og organisasjonene bak.

For ytterligere information, vennligst kontakt:
Alf Martin Johansen, adm. dir.
+47 90 17 94 35
amj@inductsoftware.com

Om Induct
Basert på åtte års samarbeid med over 250 organisasjoner over hele verden, tilbyr Induct en digital plattform, som gjør det mulig effektivt å styre kunnskapsbaserte prosjekter og prosesser. I tillegg gjør Induct det mulig for organisasjonene å kommunisere, samhandle og dele kunnskap i et større og sikkert sky basert nettverk. Abonnementer er hovedinntektskilden til Induct, og Induct har kunder i 9 land. Induct er notert på Merkur Market-listen på Oslo Børs, med ticker INDUCT-ME.

 

 

Lit. translation: "Earlier this year, Oslo Stock-Exchange nominated Induct as a candidate to the«Rising Star» category for companies that are traded on the European markets. Of the 29 nominated companies in this category, Induct is now one of 3 companies that can win this award. The ceremony and announcement will be held in Brussels November 22nd later this year.

«That Induct is chosen as one of the 3 most exciting companies in Europe is very inspiring for us in Induct», said Alf Martin Johansen, CEO at Induct. «Now is it is up to us to deliver, so we can live up to the expectation of the company».

At http://www.europeansmallandmidcapawards.eu/ there is more information about the award and the organizations behind."

Posted on September 11, 2017 and filed under Company news, Induct in media, Investor relations.

First contract with municipality in Norway

OSLO, 24 August 2017

Induct has signed first contract with a municipality in Norway

Induct has reached a milestone by signing the first subscription agreement within the municipality sector in Norway.

SSIKT (Søndre Sunnmøre IKT) signed an agreement for using the Induct solution to support improvements and projects within Ulstein municipality. SSIKT is a network which supports IT initiatives in 7 municipalities in the region.

Ulstein’s goal is improved quality in their project execution process and to manage their portfolio of initiatives more efficiently with Induct’s collaborative platform. SSIKT also sees the potential for using the platform for citizen dialogue and employee engagement to further improve services in the region.  

 “We are very pleased that our recent strategy towards the municipality sector in Norway is starting to show results. We see a large potential for several municipalities, not only to share proven initiatives in a common portal, but also adopting Induct as the solution for ensuring local execution and implementation of solutions, resulting in better and more efficient services to the people living in the municipalities”, says CEO Alf Martin Johansen in Induct.

This is a contract in the vertical Municipalities, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector).

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct
Based on eight years of collaboration with over 250 organizations globally, Induct offers a digital platform that enables efficient management of knowledge based projects and processes. In addition Induct enables the organisations to communicate, collaborate and share knowledge in a secure cloud-based network. Subscriptions is the main source of income for Induct. Induct has customers in 9 countries. Induct is listed on the Merkur Market list on Oslo Stock Exchange with the ticker INDUCT-ME.

 

Posted on August 24, 2017 and filed under Stock announcements, Investor relations, Company news.

Contract with Votorantim Group in Brazil

OSLO, 22 August 2017

Induct in Brazil has signed a software subscription contract with the Votorantim Group.

The Votorantim Group is one of the largest companies in Latin America with approximately NOK 67 billion (USD 8.5 billion) in revenues and 100,000 employees. The group is divided into two segments – Industrial and Financial.

Votorantim has become familiar with Induct through the initiative “100 Open Start-Ups”, which uses the Induct platform to evaluate and match 3,500 start-ups with 400 large companies. Now, Votorantim also want to start using Induct internally in order to support their innovation initiatives towards start-ups.

«Driving innovation though engaging with start-ups needs a structured and collaborative approach and a digital platform. Votorantim is one of the leading companies in Brazil to engage start-ups in their innovation process. We are very pleased that they have chosen the Induct platform to improve even further in this area», says CEO of Induct,  Alf Martin Johansen.

This is a contract in the vertical Enterprises, which is one of the five verticals Induct focuses on (Health, Municipalities/cities, Enterprises, Education and Humanitarian sector).

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

About Induct
Based on eight years of collaboration with over 250 organizations globally, Induct offers a digital platform that enables efficient management of knowledge based projects and processes. In addition Induct enables the organisations to communicate, collaborate and share knowledge in a secure cloud-based network. Subscriptions is the main source of income for Induct. Induct has customers in 9 countries. Induct is listed on the Merkur Market list on Oslo Stock Exchange with the ticker INDUCT-ME.

Posted on August 24, 2017 and filed under Company news, Investor relations, Stock announcements.

Lansering av nasjonal kommuneportal for KS

OSLO, 21. juni 2017

Induct har inngått avtale med KS om å lansere den nasjonale delingsportalen komINN (www.kominn.no).

For Induct innebærer avtalen at KS får en sentral delingsportal på Inducts plattform, hvor kommuner og fylkeskommuner vil legge inn egne gjennomførte prosjekter samt søke og finne prosjekter som er gjennomført i andre kommuner og fylkeskommuner. Som en del av plattformen, vil kommunene få tilgang til egne områder, hvor de kan samhandle innad eller mellom kommunene.

-Vår samarbeidsavtale med KS har nå resultert i neste generasjon av Inducts plattform. Kommunesektoren vil nå enkelt kunne ta i bruk Induct for samhandling og deling. Induct er en plattform for å kunne digitalisere arbeidsprosessene til kommuner og fylkeskommuner, og vi ser frem til å tilby vår kunnskap og plattform slik at kommunene kan sikre lokal gjennomføring og gevinstrealisering av prosjekter innen innovasjon og digitalisering, sier Alf Martin Johansen, administrerende direktør i Induct.

KS er kommunesektorens organisasjon i Norge. KS organiserer landets kommuner, fylkeskommuner og et stort antall kommunale foretak. Avtalen gir Induct en unik anledning til å kunne støtte landets kommuner gjennom digitaliseringsprosessen.

Kommuner og fylkeskommuner som registrerer prosjekter får opprettet et eget web-område (Induct Community) der hver kommune kan registrere flere prosjekter, se oversikt over sine prosjekter og gi ansatte tilgang til å diskutere, kommentere og bidra i gjennomføringen.

Avdelingsdirektør i KS, Lasse Jalling, forteller at dette er hovedårsaken til at KS velger å samarbeide om en slik portal.

-Vi ønsker at det skal bli enklere å lære, stjele og dele gode innovasjoner. Nå slipper vi at alle finner opp hjulet på nytt, sier avdelingsdirektør i KS Lasse Jalling.

Dette er en avtale knyttet til vertikalen kommuner/byer, som er en av fem vertikaler Induct fokuserer på (helse, utdanning, kommuner/byer, private selskaper og humanitær sektor). 

For ytterligere information, vennligst kontakt:
Alf Martin Johansen, adm. dir.
+47 90 17 94 35
amj@inductsoftware.com

Om Induct
Basert på åtte års samarbeid med over 250 organisasjoner over hele verden, tilbyr Induct en digital plattform, som gjør det mulig effektivt å styre kunnskapsbaserte prosjekter og prosesser. I tillegg gjør Induct det mulig for organisasjonene å kommunisere, samhandle og dele kunnskap i et større og sikkert sky basert nettverk. Abonnementer er hovedinntektskilden til Induct, og Induct har kunder i 9 land. Induct er notert på Merkur Market-listen på Oslo Børs, med ticker INDUCT-ME.

 

Posted on June 21, 2017 and filed under Company news, Investor relations.

Kontrakt med Brønnøysundregistrene

OSLO, 31. mai 2017

Induct har skrevet kontrakt med Brønnøysundregistrene. Brønnøysundregistrene har valgt Induct som leverandør av en sky-løsning for mottak og behandling av forenklingsinnspill og ideer i Brønnøysundregistrene og Altinn, der målet er å skape bedre tjenester og løsninger for sine brukere. Valget av Induct er gjort gjennom en offentlig anbudsprosess.

- Vi er stolte over at en signalkunde som Brønnøysundregistrene velger å benytte seg av Induct-plattformen. Denne avtalen viser at tunge offentlige institusjoner tar innovasjon på alvor, og vi ser frem til et langsiktig og godt samarbeid med Brønnøysundregistrene, sier Alf Martin Johansen, CEO i Induct.

Avtalen løper over fire år og har en verdi på 870.000 NOK.

Brønnøysundregistrene er en statlig forvaltningsetat som utvikler og driver noen av Norges viktigste registre og elektroniske løsninger. Formålet er å skape orden og forenkling for næringslivet og for innbyggerne gjennom digitaliserte tjenester. Brønnøysundregistrene har også forvaltningsansvar for Altinn – plattformen for digitalisering av det offentlige.

Dette er en kontrakt knyttet til vertikalen kommuner/byer, som er en av fem vertikaler Induct fokuserer på (helse, utdanning, kommuner/byer, private selskaper og humanitær sektor).

For ytterligere information, vennligst kontakt:
Alf Martin Johansen, adm. dir.
+47 90 17 94 35
amj@inductsoftware.com

Om Induct
Basert på åtte års samarbeid med over 250 organisasjoner over hele verden, tilbyr Induct en digital plattform, som gjør det mulig effektivt å styre kunnskapsbaserte prosjekter og prosesser. I tillegg gjør Induct det mulig for organisasjonene å kommunisere, samhandle og dele kunnskap i et større og sikkert sky basert nettverk. Abonnementer er hovedinntektskilden til Induct, og Induct har kunder i 9 land. Induct er notert på Merkur Market-listen på Oslo Børs, med ticker INDUCT-ME.

Posted on May 31, 2017 and filed under Stock announcements, Company news, Investor relations.