Headquartered in England, Intercede Group PLC has declared the company signing four latest contracts worth US$2 million on September 4 with an aluminium producer located in the Middle East.
The Lutterworth-based cybersecurity software provider exclaimed that these new contracts comprise refurbishing work in a federal agency and a three-year deal for MyID MFA from a Middle-East-based aluminium producer.
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The aluminium industry is getting smarter day by day, with leading companies incorporating digitalisation in their operational lines for prompt updates and measurable activities. It is imperative for an aluminium unit to have proper identification services for workers so that every nook and corner is covered for safety and operational updates.
The other two contracts have been penned with a US-based defence and aerospace manufacturer and an agency in the US Department of Transportation for essential maintenance services.
The Intercede Group reported that these four contracts have the potential to uplift the company's financial position this year, propelling a revenue-generating opportunity for the financial year 2025 and 2026.
Klaas van der Leest, the Chief Executive, exclaimed:" 'I am pleased that all of the above orders were contracted through resellers and partners, thereby highlighting the importance of the connect partner programme and further substantiating the group's go-to-market strategy. At the same time, the pipeline continues to strengthen and develop in line with our expectations."
Intercede Group PLC's shares shifted 3.2 per cent upward to 50.55 pence each in the beginning of this week on the London bourse. If you are intrigued with the latest digital advancements in the entire aluminium value chain, please have a look at AL Circle's specially curated report, Digital Transformation in the Aluminium Industry.
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