Image Systems’ Business Area Motion Analysis receives an order worth approximately SEK3.8 Million from a U.S. Automotive Customer
Press Release
The order includes three subscription licenses for the TEMA software and its associated modules, with an initial term of seven years. Revenue from the order will be recognized on a monthly basis throughout the contract period.
“Our efforts to increase the share of subscription licenses are paying off, and this order confirms that our strategy aligns well with market demands. By transitioning to a subscription model, we enhance the resilience of our business model," says Johan Friberg, CEO of Image Systems.
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