Image Systems' business area Motion Analysis receives an order of approximately SEK 1.8 million from a customer in Asia
Press Release
The order includes subscription licenses for an initial period of 5 years of the software TrackEye and the software TEMA. The order will be recognized as revenue on a monthly basis during the contract period.
"Our work to expand our share of subscription income is paying off and this order is a proof that our strategy is in line with what the market demands. With the transition to a subscription model, we are increasing the robustness of our business model," says Johan Friberg, CEO Image Systems.
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