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

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.