Enterprise protection software specialist Damstra Holdings (ASX:DTC) has signed a three year agreement plus two one year options with New Hope Corporation Limited (New Hope Group).
New Hope will implement the Damstra new Enterprise Protection Platform (EPP). The agreement includes workforce management covering their employees and contractors as well as Damstra’s solution enabling modules of forms, workflows, and learning. This will cover all their mine sites, port facilities, and agricultural operations.
The agreement allows for the adoption of Damstra’s hardware and access control solutions as required. Revenue is on an annual recurring (ARR) basis.
Implementation has now commenced, with training costs and additional services paid on an agreed day rate basis.
Damstra Chief Executive Offices, Christian Damstra said;
We are delighted to have signed this agreement with the New Hope Group, a long established Australian energy company. This agreement further demonstrates how clients perceive and are adopting our EPP offering”.