EQS-News: beaconsmind Group gains rapidly growing student dormitory operator as a new customer

beaconsmind Group gains rapidly growing student dormitory operator as a new customer

• Establishment of a VPN structure for all student dormitories of "Die Zimmerei" with over 3,000 apartments
• Significant synergy potentials for additional solutions from the beaconsmind product portfolio
• The customer project generates additional revenue of EUR 0.5 million for beaconsmind Group

Zürich, Swiss – February 21st 2024 –beaconsmind Group (ISIN: CH0451123589 - Ticker: MLBMD), a leading SaaS provider in the field of location-based marketing (LBM) and analytics, is assisting the property manager Reos GmbH in establishing a unified digitalization strategy for the student dormitory operator "Die Zimmerei." beaconsmind Group has developed a VPN concept with camera surveillance for all 10 locations of the company in Germany and Austria, comprising a total of over 3,000 apartments. This includes the deployment of approximately 150 cameras with innovative cloud management. "Die Zimmerei" had previously used solutions from various providers, leading to high complexity and significant time consumption in data processing. With the solutions from the beaconsmind Group, the company receives all desired managed services from a single source, resulting in a significant reduction in personnel and time expenditure. The rollout is expected to be completed in the second quarter of 2024. In the medium term, beaconsmind Group plans to expand its activities into areas such as WLAN infrastructure.

This customer project generates a revenue of approximately EUR 0.5 million for beaconsmind Group.

Jonathan Sauppe, CEO of beaconsmind Group, stated, "We are pleased to be able to support another growth company in the digitalization of its business processes. In a first step, we have now developed an innovative VPN concept and intend to gradually expand the collaboration with 'Die Zimmerei' in the coming months. The contract signing presents attractive growth opportunities for beaconsmind Group."

About the beaconsmind group

Founded in Switzerland in 2015, beaconsmind group is a leader in location-based marketing (LBM) software, Wi-Fi infrastructure systems and Wi-Fi guest hotspots. We serve industries such as retail chains, hospitality, healthcare and the public sector. The subsidiaries under beaconsmind Group umbrella are recognized for their expertise in digital transformation, location-based marketing, infrastructure and Wi-Fi services for SaaS customers. Through intelligent, fully cloud-based technologies, we offer our customers tangible added value and strengthen their omnichannel strategies for greater success.

For more information, please visit www.beaconsmind.com.

Contact Company

beaconsmind AG, Stäfa (Switzerland)

Jonathan Sauppe, CEO
jonathansauppe@beaconsmind.com
Tel.: +41 44 3807373

Contact for Business and Finance Press

edicto GmbH, Frankfurt (Germany)

Axel Mühlhaus/Doron Kaufmann
beaconsmind@edicto.de
Tel.: +49 69 905 505-53