Image Systems' business unit Motion Analysis receives an order worth approximately SEK 1.2 million from a U.S. industrial customer.
Press Release
The order includes a subscription license for an initial period of three years for the TEMA software. Revenue from the order will be recognized monthly throughout the contract period.
"Our efforts to expand our share of subscription licenses are paying off, and this order is proof that our strategy aligns with market demand. By transitioning to a subscription model, we are enhancing the robustness of our business model," says Johan Friberg, CEO of Image Systems.
Latest Press releases
-
Read Press Release
Image Systems affärsområde RemaSawco erhåller beställning från G3 Gausdal Treindustrier i Norge på knappt 1,3 MSEK
-
Read Press Release
Image Systems' Business Unit RemaSawco Receives Order from G3 Gausdal Treindustrier in Norway Valued at Just Under SEK 1.3 Million
-
Read Press Release
Image Systems affärsområde Motion Analysis erhåller order värd 1,8 MSEK från ledande amerikanskt flyg- och försvarsföretag
-
Read Press Release
Image Systems’ Motion Analysis Business Unit Secures 1.8 MSEK Order from Leading U.S. Aerospace and Defense Company