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Founded Year

2000

About Provantis

Provantis provides ZEP, a web-based solution for time recording for projects.

Provantis Headquarter Location

Stuttgarter Str. 41

Ditzingen, 71254,

Germany

+49 71564362322

Latest Provantis News

Instem says awarded new business worth around £2.2mln by one of its key clients

Dec 15, 2020

The company noted that approximately 35% of the total order value will be recognised in 2020, with the remainder being recognised in 2021. Furthermore, annual recurring revenue generated by the client is expected to increase by approximately £0.5mln, providing future revenue visibility, already a significant strength of the company's business model. The additional contracts include the expansion of the client's Provantis user base, by over 25%, reflecting the continuing growth in non-clinical research development. Instem will also provide the client with SEND (the Standard for the Exchange of Non-clinical Data) staff augmentation support, which will act as an extension of their staff to help address growing future demand (and backlog) for SEND study services, it added. Among other things, the funded product development work will involve Provantis integration with a leading, third-party digital pathology solution, offering the potential for significant future productivity enhancement and facilitating the work of an increasingly distributed pathologist community, the group said. In a statement, Phil Reason, CEO of Instem commented: "We are delighted to have further strengthened our long-standing relationship with this key existing client. This provides welcome endorsement of our product suite and our ability to win and deliver contracts of scale for new and existing clients. The market fundamentals remain strong and we look forward to benefitting from further cross-selling and up-selling opportunities within our existing client base." Quick facts: Instem PLC

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