ProntoForms (TSX-V:PFM) continues to grow its enterprise customer base, announcing a sizeable contract Thursday to start its year off on the right foot.
The Ottawa-based firm said in a release that it had landed a $900,000 contract with an unnamed Fortune 500 customer. The deal includes $520,000 in subscription revenues from now until mid-2020 as well as professional services revenue earned this past year. (All figures in USD.)
The customer will use ProntoForm’s product, which collects and analyzes data from the field on mobile devices, to improve inspection and maintenance services for medical devices at hospitals and clinics around the world.
OBJ360 (Sponsored)
Navigating innovation often means stepping off the beaten path to ensure success, especially when it comes to intellectual property in tech. That’s why Swidget decided to partner with the IP
Sidi.io draws VIP crowd at cheers and chats
You don’t always need to hit a business milestone to throw a really good party. That was the case on May 2, when digital marketing firm Sidi.io gathered its clients
The firm’s CEO Alvaro Pombo also noted, outside of official regulatory filings, that annual recurring revenue sat at $12.6 million at the end of 2018, up 26 per cent year-over-year. ProntoForms is consciously pushing further into the enterprise space, with 26 per cent of its customer base comprised of these large firms in 2018 – an increase of 18 per cent from the year before.
