Hansen Technologies (ASX: HSN) has signed a 7-year renewal and upgrade contract with a leading European utility company. The contract will see Hansen's software solutions continue to support the utility's mission-critical operations, including automated energy trading, customer management, and revenue management. The renewal and upgrade underscores the long-term partnership between Hansen and this key European energy provider.
Hansen's modular, cloud-based software solutions have been instrumental in helping the utility optimize its trading activities, enhance customer service, and drive digital transformation. The new contract will enable the utility to leverage Hansen's latest product innovations and capabilities further.The 7-year contract renewal and upgrade with a leading European utility includes an expanded scope, phased implementation starting in FY25, and an additional recurring revenue uplift of approximately AU$2.8 million per annum upon completion.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
