viewK2fly Ltd

K2fly will provide IT advice to Tier 1 electricity company

The technology company has won a contract with a Western Australian utility

K2fly targets asset intensive industries with its software solutions

K2fly Limited (ASX:K2F) has won a contract to provide leading edge advice and guidance to the IT department of a Tier 1 government-owned electricity company.

A services contract with the Western Australian-based utility will result in the technology company securing revenues in the range of $250,000 to $300,000.

The contract will run for circa five months and is expected to make a material contribution to K2fly’s revenues in the current financial year.

Facing digital disruption challenges

Some of Australia’s major utility companies are preparing to face the challenges of digital disruption by introducing new solutions and technologies.

K2fly is well positioned to assist these companies combine effective corporate strategy with efficient technological delivery.

Provision of strategic advice

The new contract will see experienced K2fly practitioners provide strategic advice to the utility in this area.

K2fly targets asset intensive industries and owns the following technologies for use in Tier 1 companies:

- Infoscope, a data collaboration solution

- ADAM, Asset Data Analysis Management

- NovIn, Real time Asset Inspection Management app

It also re-sells market leading software which has been developed by industry leaders in the USA, Australia, Europe and the UK.

Quick facts: K2fly Ltd

Price: 0.185 AUD

Market: ASX
Market Cap: $15.11 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of K2fly Ltd named herein, including the promotion by the Company of K2fly Ltd in any Content on the Site, the Company receives from said issuer...



K2fly signs deal with Brazilian miner Nexa Resources to use RCubed Solution

K2fly Ltd (ASX:K2F) chief executive officer Brian Miller updates Proactive on the company’s signing of an agreement with Brazilian-based miner Nexa Resources to use RCubed software, which is used for mineral resource governance. Nexa Resources is a mining and smelting company focusing on zinc...

2 weeks, 1 day ago

2 min read