Boustead Singapore Limited has announced that its subsidiary, Esri Australia, has renewed a significant enterprise agreement worth approximately S$60m with an Australian federal government department. This renewal marks the largest contract by value for Boustead’s Geospatial Division, reflecting a strong mutual commitment to advancing geospatial capabilities.
The contract renewal will enable tens of thousands of Australian government employees to access cutting-edge Geographic Information System (GIS) technology, specifically the Esri ArcGIS platform. This system facilitates enhanced information sharing and collaboration across government, private sector, and community groups, crucial for disaster preparedness and urban planning.
Brett Bundock, Managing Director of Boustead Geospatial Division, stated, “This renewed enterprise agreement reflects significant mutual investment and a long-term commitment to capability development.” He emphasised the growing importance of geospatial intelligence in decision-making processes.
The contract is expected to positively impact Boustead’s profitability and earnings per share for the financial year ending 31 March 2027. However, it is not anticipated to materially affect the net tangible asset value per share for the same period.
Boustead’s Geospatial Division is the exclusive distributor of Esri ArcGIS in several Asia Pacific countries, including Singapore and Australia. This renewal builds on the division’s momentum, providing a robust platform for future collaboration and capability enhancement.
