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Mintra secures NOK 3.9m contract for OCS HR

17 / 02 / 2022
Digital learning and human capital management specialist Mintra has secured a NOK 3.9 million contract with a leading offshore service group. The contract will lead to a major upgrade of Mintra's industry-leading complete crew management system, OCS HR.

This contract will also boost annual recurring revenues by NOK 0.8 million and continue a 26-year relationship with Mintra as a prime supplier of human capital management systems.

The agreement will involve Mintra developing several additional modules for the OCS HR platform. These will support generic human resources activities such as development and succession planning, compensation and benefits, and onboarding and offboarding and will be available to Mintra's other clients when complete.

Kevin Short, CEO of Mintra, said: "We anticipate there will be significant interest in the new modules from other clients and potential new customers. As such, this contract represents an opportunity for Mintra to drive additional revenues from the OCS HR platform. We expect that one or more modules will benefit most of the large and medium-sized operators currently on the OCS HR client list.

"It is fitting that, in recognising the need to evolve the OCS HR offering to ensure it meets the needs of the modern maritime industry, we are working alongside one of our longest-serving clients to make it happen."

Ends

For further information, please contact:

Kevin Short, CEO, tel +44 1224 651340

Torbjørn Blom-Hagen, CFO, tel +47 24 15 55 00

Notes

Mintra is a leading provider of digital learning and human capital management systems for safety-critical industries worldwide. Mintra develops and deploys software solutions that enable its clients to develop and deploy their people, readily demonstrate compliance and maximise operational efficiency.

From its headquarters in Bergen and offices in Oslo, Stavanger, Aberdeen, Cyprus, India and Singapore, Mintra serves the training, HR, payroll and workforce management needs of organisations operating in the maritime and energy sectors.

Trainingportal - a learning and competency management system - provides an online portfolio of over 2,300 courses to 1.5 million workers, while OCS HR crew management system supports the operations of more than 1,800 vessels worldwide.

For further information, please visit www.mintra.com

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