Contract in Germany of NOK 17 million
Data Respons has received a contract of NOK 17 million with a German customer in the industrial automation (Smart Factory) segment.
The contract comprises high-end computer solutions embedded in the customer’s advanced instruments and high-value analytical and diagnostic solutions. Deliveries will take place in 2020 with further opportunities going forward.
– The ongoing trends with increased automation, industrial digitalisation (Industry 4.0), internet of things (IoT) provide great growth opportunities for our company. Germany is the largest market for industrial R&D services and solutions in Europe. We have been present in this market since 2005 and now have a solid platform of 7 locations and 500 employees. Germany counted for 25% of total group revenues in first half 2019 and we expect continued growth going forwards, says Kenneth Ragnvaldsen, CEO of Data Respons ASA.
For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913 90 918.
Rune Wahl, CFO, Data Respons ASA, tel. + 47 950 36 046
About Data Respons
Data Respons is a full-service, independent technology company and a leading player in the IoT, Industrial digitalisation and the embedded solutions market. We provide R&D services and smarter solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as Transport & Automotive, Industrial Automation, Telecom & Media, Space, Defence & Security, Medtech, Energy & Maritime, and Finance & Public Sector.
Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has offices in Norway, Sweden, Denmark, Germany and Taiwan. www.datarespons.com
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.