Join our daily newsletter At The Bell to receive exclusive market insights
- Global software provider COSOL (COS) has been awarded a $2.2 million work expansion with Ok Tedi Mining (OTML)
- OTML is a Papua New Guinean gold and copper producer who has been one of COSOL’s long-standing clients
- Currently, COSOL supports OTML’s SAP, Ariba, SuccessFactors, and core HR and payroll systems
- A key part of this program is COSOL working on sustaining and modernising OTML’s IT infrastructure into a hybrid cloud platform
- COSOL is down 13.2 per cent and shares are trading for 29.5 cents each at market close
Global software provider COSOL (COS) has been awarded a $2.2 million work expansion with Ok Tedi Mining (OTML).
OTML is a Papua New Guinean gold and copper producer. This expanded agreement builds on the long standing relationship between COSOL and OTML.
“We are excited to continue, and build on, our longstanding relationship with OTML. This expansion of services reinforces COSOL’s engagement approach in being more than simply a technology services provider,” COSOL CEO Scott McGowan said.
This agreement allows OTML to continuously improve its SAP ERP (Systems Applications and Products Enterprise Resource Planning) business systems.
Currently, COSOL supports OTML’s SAP, Ariba, SuccessFactors, core HR and payroll systems.
Additionally, COSOL will expand the digital transformation program focusing on digital workspace collaboration and business intelligence.
A key part of this program will be sustaining and improving OTML’s IT infrastructure to become a hybrid cloud platform.
“Flexibility to adjust to, and provide value in, the dynamic business environments our clients operate continues to be a hallmark of COSOL’s growth and success – both domestically and internationally,” Scott said.
COSOL is down 13.2 per cent and shares are trading for 29.5 cents each at market close.
