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

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.