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Knosys Secures Contract Extension with ANZ Bank, Eyes Future Cloud Migration

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Knosys Secures Contract Extension with ANZ Bank, Eyes Future Cloud Migration

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The latest announcement is out from Knosys Ltd. ( (AU:KNO) ).

Knosys Limited has announced that ANZ Bank has extended its contract for the KnowledgeIQ enterprise solution for one year, valued at over $1.9 million, while negotiating a new three-year agreement that includes migrating to Knosys’ cloud service. This extension underscores the strong relationship between Knosys and ANZ Bank, with plans to integrate AI enhancements into ANZ’s knowledge management portal, aligning with ANZ’s ‘cloud first’ strategy and potentially improving employee workflows and customer service.

More about Knosys Ltd.

Knosys is a leading SaaS provider headquartered in Melbourne, with international operations, specializing in helping businesses manage information and knowledge. The company focuses on developing solutions for knowledge management, intranet, and library management, enabling organizations to connect, collaborate, and drive strong business outcomes.

Average Trading Volume: 289,532

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$7.56M

Learn more about KNO stock on TipRanks’ Stock Analysis page.

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