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Asset Vision Secures Major Contract, Strengthens Local Government Presence

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Asset Vision Secures Major Contract, Strengthens Local Government Presence

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Asset Vision ( (AU:ASV) ) has provided an update.

Asset Vision has secured a significant 5-year SaaS contract with three councils, valued at up to $1.57 million, marking its sixth local government contract in four months. This contract, in partnership with Modelve, highlights Asset Vision’s growing influence in the sector by offering advanced asset management solutions that cater to the increasing demands on councils to deliver more with fewer resources. The partnership also extends Asset Vision’s reach into other sectors, further solidifying its position as a preferred platform for asset owners.

More about Asset Vision

Asset Vision is a leading enterprise asset management platform company, focusing on providing solutions for the local government sector. Their primary products include a full enterprise asset management platform and AutoPilot, an AI-powered solution for inspections and defect detection. The company is expanding its market focus by partnering with Modelve to enhance its offerings in local government and other sectors such as utilities, transport, and facilities.

Average Trading Volume: 326,715

Technical Sentiment Signal: Hold

Current Market Cap: A$31.26M

See more data about ASV stock on TipRanks’ Stock Analysis page.

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