Join our daily newsletter At The Bell to receive exclusive market insights
- Vault Intelligence (VLT) has secured a key contract with KiwiRail, a New Zealand Government-owned rail operations company
- KiwiRail has chosen Vault’s Solo Crisis Management solution to continue operations during the COVID-19 pandemic
- Vault’s software solution solution allows businesses to continue operations by enabling employees to work wherever they are
- The Crisis Management suite enables businesses to manage and connect with their workforce in a crisis situation
- Considering the global crisis, Vault expects to secure further contracts for its solution
- Vault ended the day 19.1 per cent in the green, with shares trading for 12.5 cents each
Vault Intelligence (VLT) has secured a key contract with KiwiRail, a New Zealand Government-owned rail operations company.
The state-owned enterprise moves roughly 25 per cent of New Zealand’s exports, transports more than one million tourists and enables 34 million commuter journeys a year.
KiwiRail has chosen Vault’s Solo Crisis Management solution for crisis management across its entire Group. It has committed for an initial six months and will commence rollout immediately.
Vault Solo is a software-as-a-service (SaaS) solution available on web-based dashboards, mobile phones and wearables to allow people to continue working wherever they are.
Through the software, businesses are able to communicate with, and protect their workers while still maintaining productivity.
In current times, this solution has become even more useful. During the current COVID-19 global pandemic, a lot of businesses have struggled to stay afloat. However, there are still a lot of companies that can continue operations digitally while working from home or remotely.
“During these difficult times we are assisting organisations in communicating with and protecting their workforces,” Vault CEO and Managing Director David Moylan said.
“Our Solo solution has always enabled organisations to better manage remote workforces but the tailoring of the solution to specifically address Crisis Management further demonstrates the substantial capability of Solo,” David added.
Vault has been working a range of large customers domestically and internationally who are looking for a solution to manage their staff during the COVID-19 crisis.
“KiwiRail, amongst other large global enterprises, are increasingly looking for rapidly deployable, cost effective and simple solutions and we look forward to assisting more organisations meet their Crisis Management goals,” David concluded.
Vault ended the day 19.1 per cent in the green, with shares trading for 12.5 cents each.
