Checkit - BP contract expands relationship on a global scale
Checkit has expanded its existing relationship with BP by rolling out its intelligent operations platform for workflow management and automated monitoring to 441 forecourts in Australia and New Zealand. This is Checkit’s largest ever deal and its extended engagement with a flagship customer endorses the company’s value proposition and strategy. Installations are expected to begin in the early part of 2022 and will double the size of Checkit's footprint with BP in terms of total number of locations and contracted annual recurring revenues (ARR). Prior to this agreement, the platform was used by more than 400 BP-owned forecourts across the UK, Netherlands and Luxembourg. Discussions are ongoing regarding rolling this out further, where there is significant scope for expansion underpinned by the c 18,700 BP forecourts worldwide.Elektron Technology is a global business that designs, manufactures and markets products that connect, monitor and control. Co. has three business segments: Bulgin, which products are sealed connectors for the demanding environments, and custom product and system development; Instrumentation, Monitoring and Control, which key products are ophthalmic instruments, nanopositioning and sensing equipment, and materials testing equipment; and Checkit, which key products are cloud-based work management software based on interactive checklists, and smart wireless sensors for continuous automated monitoring.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.