Willow67
11 Jan 2018
Re: New contract win yesterday Nice to see but these NHS contracts are small fry, I am waiting for the game-changing $5m contracts to arrive, perhaps from the U.S. Thats what will really move things ahead!Results should be out in next week or so, looking forward to that.
gretel
10 Jan 2018
Re: New contract win yesterday Good coverage on the respected Techmarketview:[link] 10 January 2018Ideagen expands use of Q-Pulse in NHSIdeagen logoKing’s Interventional Facilities Management (IFM) is working with AIM-listed Ideagen to deploy its Q-Pulse quality, compliance safety and operational risk management platform. King’s IFM is a Limited Liability Partnership controlled by the King’s College Hospital NHS Foundation Trust. It provides fully managed services across all sites within the Trust, including King’s College Hospital, Princess Royal University Hospital and Orpington Hospital.King’s IFM aims to use Q-Pulse to centralise and standardise document control giving staff access to policies and Standard Operating Procedures from a single location. King’s College Hospital is already using Q-Pulse in areas such as Haematology and Cancer Services to help ensure compliance with ISO 9001 quality management standards. In the future, it also plans to use Q-Pulse to support the reduction of risk and adverse incidents.Things appear to be progressing well for the Ideagen; it’s H1 trading update in November revealed that revenue and adjusted EBITDA were expected to be significantly ahead of H1 FY16, and underlying organic revenue was up c.12%. UK healthcare remains a significant part of its business, where, across all products and services, it currently supplies 75% of NHS Trusts. Budgets remain under tremendous pressure in the NHS as the population ages and demands on the service increase, but the need for greater efficiency in the sector will create further opportunities for Ideagen."
gretel
09 Jan 2018
New contract win yesterday Another contract win....[link] Interventional Facilities Management, part of King’s College Hospital, roll out Q-Pulse to drive quality improvements08 January 2018Ideagen’s Q-Pulse to support a move to a "robust system of operational compliance King’s Interventional Facilities Management (IFM) is working with Ideagen to roll-out its Quality Management System, Q-Pulse. The aim of the implementation is to centralise and standardise document control through the provision of a single location for all staff to access policies and Standard Operating Procedures (SOPs).King’s IFM is a Limited Liability Partnership controlled by King’s College Hospital NHS Foundation Trust (KCH) and provides fully managed services including procurement, equipment and the supply chain for diagnostic and treatment facilities for the Trust.It operates across all sites within the Trust, including King’s College Hospital, Princess Royal University Hospital and Orpington Hospital, with an annual turnover of circa £70 million and in excess of 150 staff. In addition, the IFM manages the procurement of an additional circa £300m of annual spend for the Trust.etc"
gretel
07 Jan 2018
New article re IDEA and digital change Interesting article about IDEA and "digital transformation" - the "Fourth Industrial Revolution"[link] January 2018 Digitalisation & Industry 4.0 in ManufacturingHannah Waugh Manufacturers are experiencing a period of drastic change as digital transformation rises throughout the sector as part of what is called Industry 4.0 or the Forth Industrial Revolution.This digitalisation trend adds pressures to traditional businesses, but also offers exceptional opportunities that will optimise production and increase efficiency. These changes revolutionise activities, processes, competencies and models through a mix of digital technologies with an accelerating impact across not only businesses, but across society and cultures.Sparked by a shift in new demands from customers, Industry 4.0 is the name for the current trend of automation and new technologies in the manufacturing sector. The revolution brings changes in all areas of life and existing business models. For example, is it just me who has Amazon’s Echo Dot - ‘Alexa’ - carry out mundane tasks such as turning on music or making phone calls out of sheer laziness and convenience? This is an example of the shift and a starting point for automisation and its effect on society and the way we all operate.etc"
Prezza
05 Jan 2018
Re: Commerzbank contract win news Neither party disclosed the value.
The Dutchman
05 Jan 2018
Re: Commerzbank contract win news At a guess £500 to £1000 per user as a once off fee followed. annual fees of maybe 20% of that figure. Maybe I did a good deal when buying it, maybe Commerzbank will have done an even better deal, difficult to say. On top of these figures there would be fees for training, installation, customisation etc, which may well double the initial contract value, but not the ongoing revenue. Do your own research, and my figures may well be very out of date.
Willow67
04 Jan 2018
Re: Commerzbank contract win news Any idea what these contracts might be worth...?
geldman
04 Jan 2018
doubled my money Today IDEA stands at 200% of the price I paid. A most impressive run and I have no intention of taking profits because the management appears to have developed an excellent and timely product in the current age of MIFID II and huge compliance penalties. Thanks to my broker who recommended the stock.
The Dutchman
04 Jan 2018
Re: Commerzbank contract win news Interesting - this is the product we used at my previous employer and the one that got me interested in investing in Ideagen after I lef
gretel
04 Jan 2018
Commerzbank contract win news Terrific news just out today - a really prestigious new client and another example of IDEA's global clout now:[link] to provide Commerzbank with internal audit software04 January 2018 Commerzbank, a leading German international commercial bank with branches and offices in almost 50 countries, is to implement Pentana Audit , a software solution from Ideagen, for its global internal audit operations. Pentana Audit is Ideagen’s risk-based audit automation software solution used by over 450 organisations worldwide.Commerzbank serves more than 18 million private and small business customers, as well as more than 60,000 corporate customers, multinationals, financial services providers and institutional clients. In 2016, it generated gross revenues of 9.4 billion Euros and employs almost 50,000 staff.Ideagen specialises in providing compliance, audit, control and risk management solutions to banks, accountancy firms and financial services organisations and works with some of the world’s largest organisations in this area including BDO, BBVA and the European Central Bank.Its Pentana Assurance suite of software – which includes Pentana Audit, Pentana Performance and Pentana Disclose – consolidates Ideagen’s efforts in creating a functionally complete and market leading internal audit, compliance and oversight software suite.Colin Smith, Ideagen’s Head of Banking, Finance and Audit at Ideagen, said: “This particular project is proof of our standing as one of the leading software providers to the global banking, audit and finance industry.”
gretel
19 Dec 2017
News - another contract win Another contract win today, across 70 global sites:[link] Multi Packaging Solutions adopts Ideagen’s Q-Pulse for quality management at all its global sites19 December 2017 Ideagen’s software to be rolled out into Europe, North America and China Multi Packaging Solutions, (MPS), a business of WestRock Company and a leader in value-added print and packaging solutions for the healthcare, branded consumer and multi-media markets, is investing in advanced software from Ideagen as it aims to standardise its quality management processes across all its 70 global sites.Ideagen Q-Pulse will be rolled out across MPS’s healthcare packaging operations in North America and Europe in the initial phase of the project. In phase II, the Q-Pulse software will be extended to the company’s global branded packaging operations including several locations in China.Denise Loughlin, Vice President Quality for Europe at MPS, said: “The project with Ideagen will reinforce MPS’s position as a truly global supply chain partner for its customers. The nature of our work means that we are a strategic partner to some of the leading pharmaceutical and healthcare organisations in the world. That can also be said for some of the largest consumer brands in the confectionery and spirits sectors across the globe.”The Q-Pulse system will support MPS’s goal to offer its customers world class manufacturing quality standards. The software complements recent substantial investment in new printing presses and other ancillary equipment across the business.etc"
Willow67
08 Dec 2017
Re: New customer win today The business certainly seems to have incredible momentum. I find it hard to understand how all of these contract wins only translate into 10% organic growth!
gretel
07 Dec 2017
New customer win today Labcold is "one of the key contractors to the NHS, British Army and private hospital groups in the United Kingdom":[link] works with Ideagen to centralise quality & corrective action management07 December 2017Labcold, the UK medical refrigeration organisation, will work with Ideagen to centralise its quality management systems – solidifying corrective action management and customer feedback.The Basingstoke-based company, which was the first blood bank refrigeration manufacturer in the UK to gain a medical device certification, is to implement Ideagen’s Q-Pulse software across its UK operations.Q-Pulse will help to modernise and centralise the management of Labcold’s existing ISO 9001, 13485 and 17025 quality systems.As well as improvements to both the raising of corrective actions and the management of customer feedback, Q-Pulse will enable Labcold to align inspections and standardise document control.Michelle Rogers, Sales and Marketing Director, who is overseeing the Q-Pulse project at Labcold, said Q-Pulse will bring with it “peace of mind” in regards to quality management.etc"
gretel
30 Nov 2017
Another prestigious contract win Must be reasonably sizeable too given the 200 locations and "around 200 supplier surveillance audits per year":[link] chooses Q-Pulse from Ideagen to manage its global supply chain29 November 2017 The world’s leading provider of mobile, modular power and heating and cooling has purchased Ideagen’s flagship Q-Pulse software to manage its global supplier base in 200 locations around the world.Aggreko expects Q-Pulse to help further improve its processes, including saving time and costs for Aggreko’s customers in more than 100 countries.“A company of our size, and with our global reach, needs a state of the art supplier management system,” said Martin Dolan, Aggreko’s Global Head of Supplier Quality and Development.“Q-Pulse provides us with a central quality management system that will allow us to control the quality, performance and development of our suppliers.“We have offices, depots and service centres in more than 200 locations, so being able to manage our equipment efficiently in all those places helps us to bring our services to customers even more effectively, quicker and cost efficiently than ever.”Aggreko supplies mobile, modular power generation and heating and cooling equipment and services to a broad range of industries, including oil and gas, petrochemical and refining, events, manufacturing, utilities, construction and food and beverage, among others.The Q-Pulse project will see the software implemented at operational hubs based on each major continent with a new global procurement team managing each region from their respective hubs.Q-Pulse software will enable around 200 supplier surveillance audits per year. Aggreko will carry out regular calibration and asset maintenance assessments of equipment currently in use by its suppliers. Live data from the system will also enable Aggreko management to assess trends and potential risks from across the business quickly and efficiently.“This is a huge project for us, so we need the correct systems and tools in place. We strongly believe that Q-Pulse is that tool. We’re excited to work with Ideagen and Q-Pulse. Our key processes are scheduled to be up and running globally by the end of 2017, so we expect to see immediate benefits and a quick return on our investment,” said Martin.“The power to have live data globally will allow us to instantly act on emerging trends. Q-Pulse will help us to be more risk-averse in our approach to how we manage data. It will present us with live data from our manufacturing processes, highlight trends within that data and that will help us identify potential issues before they develop into more serious operational problems.”Ideagen Q-Pulse is used by hundreds of power generation organisations globally. AMong Ideagen's clients in this sector include Scottish Power Generation, Calor Gas, Sabic, Proserv, Fugro and Abu Dhabi Gas Industries."
hopetown
28 Nov 2017
Re: Worth listening to if you haven't before Thanks for that link. Totally agree. Glad I'm here!
