Empired Limited has announced that it has secured AU$15 million managed services contract with Horizon Power in Western Australia. The contract is for an initial term of three years plus two one-year options to extend, allowing the provision of services for up to five years.
Horizon Power is a state government-owned, commercially focused corporation that provides power to around 100,000 residents and 10,000 businesses across regional and remote Western Australia.
Across the potential five-year term, the managed services contract has a potential value of AU$15 million based on an estimated base services revenue of approximately AU$3 million per annum. Empired has worked with Horizon Power for the past six years and, under a separate contract, currently provides the infrastructure component of these services. The existing contract will expire and the new, expanded contract will commence on October 1, 2021.
Empired will provide a range of modern digital managed services to Horizon Power’s network, cloud, security, infrastructure, and core business applications.
Russell Baskerville, managing director & CEO, Empired, said, “Empired has worked closely with Horizon Power for many years and is delighted that, through a competitive tender process, it has decided to expand its relationship with Empired for many years to come.
“The energy market is changing rapidly, and we look forward to playing a pivotal role in Horizon Power’s digital transformation as it seeks to embrace new technologies to meet the changing needs of its clients.”
In addition to the base services, Empired will have the opportunity to provide a range of project services.