Empired (ASX:EPD)- Managing Director, Russell Baskerville
Managing Director, Russell Baskerville
Source: Empired
The Market Herald - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Empired (EPD) has secured a Master IT Supply Contract with Western Power to provide a range of systems integration services
  • Under the contract, Empired will enhance existing and develop new IT systems to support Western Power’s digital transformation
  • The contract is for three years and will commence immediately
  • This announcement follows the managed services and preferred infrastructure services contracts awarded to Empired in April
  • On market close, Empired is up 5.26 per cent and is trading for 60 cents per share

Empired (EPD) has secured another IT contract with Western Power which will see the business provide a range of systems integration services.

Under the contract, Empired will enhance existing and develop new IT systems to support Western Power’s digital transformation over the next few years.

The contract is for three years and will commence immediately. It also anticipates a ramp-up through the remainder of the FY21, with material revenue anticipated from the start of FY22.

Services by Empired will be divided into four core areas supporting Western Power’s corporate systems, asset operations, asset maintenance and power distribution network.

This contract follows the managed services and preferred infrastructure services contracts awarded to Empired in April 2020.

Western Power is a Western Australian State Government owned corporation that connects West Aussies to both traditional and renewable energy sources.

“The energy market is rapidly evolving and Western Power is committed to investing in digital strategies and technologies to ensure that we remain at the forefront of the energy sector in connecting renewables and delivering better energy solutions for all Western Australians,” Western Power Head of ICT Andrew Smith said.

“Empired has delivered a seamless transition and is meeting our service expectations under the infrastructure managed services contract,” he added.

Empired Managing Director, Russell Baskerville, is excited to be trusted by Western Power to provide IT services.

“I would like to sincerely thank Western Power for the outstanding support they have provided Empired through the initial stages of the Infrastructure managed services contract and assure them we are committed to the highest levels of service and quality business outcomes under the systems integration contract,” he concluded.

On market close, Empired is up 5.26 per cent and is trading for 60 cents per share.

EPD by the numbers
More From The Market Herald
The Market Herald Video

Orcoda ranks 54th in Australian Financial Review’s prestigious Fast 100 list

Orcoda (ASX:ODA) has made the Australian Financial Review's Fast 100 list for 2023, ranked the 54th…

NEXTDC reports strong FY23 earnings; sees 2024 domestic AI growth

NEXTDC (ASX:NXT) celebrates a remarkable year of growth and innovation at the 2023 Annual General Meeting.
The Market Herald Video

Orcoda announces new SaaS transport management contract

Orcoda (ASX:ODA) has reported that its subsidiary has signed a new SaaS contract with Mini Tankers…

Findi jumps 10pc as it sweetens relationship with State Bank of India

Findi (ASX:FND) shares were up 10 per cent just before midday AEDT today as the company…