WidePoint secures $40M-$45M SaaS contract for ITMS Command Center Platform

WidePoint (WYY) announced a multi-year Software as a Service contract with a major telecommunications carrier to deploy its innovative FedRAMP Authorized ITMS Command Center Platform. This SaaS solution will manage and serve as the system of record for the expected 2 million to 2.5 million units across government telecom operations, transforming how federal, state, local, and education agencies oversee their telecommunications assets. WidePoint estimates the contract will generate revenues of $40-45 million over the initial three-year term of the contract, based on the expected number of managed units.