E-procurement software firm EU Supply PLC on Thursday said it has signed a distribution deal with T-Systems Multimedia Solutions GmbH to use the UK firm's CTM platforms. T-Systems is a subsidiary of T-Systems International GmbH, the IT services arm of Germantelecommunications giant Deutsche Telekom AG.
The pair will work on selling EU Supply's CTM platform to both the private and public sector markets in Germany. EU Supply anticipates the deal will deliver revenue in 2017 and will make a significant contribution in 2018 and beyond.
"I am delighted that we have signed this distribution agreement with T-Systems, which has been in the pipeline for some time. With T-Systems' large footprint in Germany, which is a key market with significant potential, combined with our flexible software, we expect this partnership to generate considerable new business for the group in 2017 and beyond," said EU Supply Chief Executive Thomas Beergrehn.
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