ACX 0.00% $7.79 aconex limited

@rain8951 The estimated value to ACX is 0.1% or 10 basis points....

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    @rain8951 The estimated value to ACX is 0.1% or 10 basis points. Though if additional modules like Connected Cost are deployed, this would obviously increase. These projects are covered by the relevant enterprise agreement, so ordinarily they should simply flow directly to ACX.

    That's the beauty of enterprise agreements like this.

    Here is the relevant part of the agreement:

    Aconex Limited (ASX: ACX), provider of a leading cloud collaboration platform for the global construction industry, today announced that it has signed an enterprise subscription agreement with John Holland, one of Australia’s leading engineering, contracting and service providers to the infrastructure, energy, resources, and transport services sectors.

    Under the terms of the agreement, John Holland will make Aconex available for all of its construction and engineering projects in Australia, New Zealand and Southeast Asia.

    https://www.aconex.com/news/press-release/aconex-signs-enterprise-agreement-john-holland

    So, clearly, no RFP is required- just the set up.

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    This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
 
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