The ‘Wentworth Contract’17 Nov 2016 10:13
This is a significant opportunity for the Castleton Technology Team. The new secured landmark contract in Australia, the “Wentworth Contract” as referred to by Castleton is not only for the provision of Kypera’s Housing system and three other products but more importantly it’s a strategic step forward in a new geography.
This win, opens the door, If you like. The fact the contract includes not only Kypera’s housing system but three other products too. This is significant because the UK Housing Associations rapidly took up an assortment of Castleton’s products and services one after the other - until over a third of all UK HA’s became Castleton clients.
This is what they would like to start happening there.
The ‘Wentworth Contract’ which is over four years and provides a massive opportunity or a ‘way in’ for Castleton. Wentworth will see the benefits in the same way the UK housing associations did, they will no doubt talk about the suite of products and services to other HA’s and by doing so open a potential gold mine of contract wins.
This I believe is the plan, hence the new management team being over there. It highlights how easy it is for the company to reach new geographies and how big the future for the company could be! This is a massive opportunity for Castleton.