SNP expects revenue of at least USD 30 million until 2022 from this contract for software licenses
Heidelberg, Germany, August 22, 2019 – SNP Schneider-Neureither & Partner SE (SNP; Frankfurter Wertpapierbörse, Prime Standard, ISIN: DE0007203705, WKN: 720370) and one of the world’s leading IT and consulting firms based in the USA, with a presence in nearly all other countries on Earth, signed a contract today for the purpose of using SNP software for the implementation of transformation projects by the global IT and consulting firm. The IT and consulting firm committed to purchasing SNP software licenses for data transformation with a minimum value of USD 30 million.
For the current fiscal year, SNP expects a revenue and earnings effect in the upper single-digit million euro range.
SNP thus also committed to training the contract partner on the software comprehensively and supporting them in their projects.