HomeFinTechCOSOL: Signs multi-year contract with De Beers

COSOL: Signs multi-year contract with De Beers

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COSOL Signs multi-year contract with De Beers

  • Digital software and solutions company COSOL (COS) signs a multi-year contract with De Beers Group, one of the world’s largest diamond mining companies
  • According to the contract, the company has been tasked with completing the first phase of De Beers’ SAP to S/4 HANA digital transformation project
  • This initial phase is worth around $1 million, with further phases expected to lift the total contract value to $2.4 million
  • COSO L’s software platform, RPConnect, will be the foundation for the De Beers Group transformation program
  • On the market this morning, the company is in the grey and trading at $0.64 per share
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