(Alliance News) - Crimson Tide PLC on Wednesday said it has won a contract with an NHS trust in southeast England worth an initial GBP250,000, with a "scalable upside opportunity".
The mpro5 smart app solution said the contract will run for an initial three-year term, but it expects the project to increase in size and contracted revenue later in the year.
Crimson Tide said mpro5 will help the NHS trust towards understanding its level of statutory compliance of each space in its facilities, aided by data captured on mpro5's mobile app from "a wide range of incidents with associated rectification and response times".
"Our smart app solution will enable different departmental datasets to be consolidated and enable aggregated compliance processes to be completed on smartphones and tablets," Crimson Tide said.
"mpro5's [key performance indicator] dashboards will display calculations of actions to costs and highlight efficiencies and remedial actions for the first time in a consolidated manner. Data integrity is critical, and the mpro5 infrastructure in Microsoft Azure will ensure accurate current and historical data with industry-leading security and uptime."
Crimson Tide also anticipates adding its internet of things module later this year, installing over 1,000 sensors to enable sensor-driven actions, which it claims is one of mpro5's key differentiators.
"To be able to deploy mpro5's full functionality across an entire NHS trust is a validation of our mobile web and reporting functionality and displays our ability to help flexibly improve compliance and efficiency," said Crimson Tide Chair Barrie Whipp.
"Micro reporting on space compliance and costs will lead to a greater understanding of how NHS Trusts can improve their operational effectiveness. The anticipated addition of our IoT module later in the year will enable sensor-driven actions to improve efficiency further, as well as reduce costs and should appeal to other trusts - we see this first installation as a flagship site."
Shares in Crimson Tide were up 6.9% to 2.73 pence each in London on Wednesday morning.
By Greg Rosenvinge, Alliance News reporter
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