on BEACONSMIND AG (isin : CH0451123589)
Beaconsmind Group Partners with Dormitory Operator on Expansion
The Beaconsmind Group, a leading provider of location-based marketing (LBM) and analytics software, is expanding its services to Reos GmbH for the digitalization of student dormitories "Die Zimmerei". This collaboration aims to implement an integrated VPN structure, equipped with camera surveillance covering over 3,000 apartments spread across 10 sites in Germany and Austria. This project, enriching Beaconsmind's product portfolio, would generate additional revenue of 0.5 million euros.
The use of diverse solutions previously by "Die Zimmerei" resulted in increased complexity and data processing time. Beaconsmind's unified offer promises a significant reduction in time and personnel required. The completion of this project is expected in the second quarter of 2024, with expansion prospects to include services such as WLAN infrastructure.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all BEACONSMIND AG news