Astea International Inc. (NASDAQ:ATEA) Cloud Services To Be Used By Agta Record Ag

Astea International Inc. (NASDAQ:ATEA) announced its cloud software will be used by agta record ag, a leading provider of automated doors and their installation. They will utilize Astea’s service management and mobile workforce program. In the first stage, agta will utilize the product for 200 users with an expansion to over 800 users. This will provide users from nine different countries to access the product from any location and to collaborate with each other on projects of any size.Astea has over 35 years’ experience producing and delivering complete management and mobile solutions and that was the main reason agta chose them.

Does this analyst foresee a long-term upside in ATEA?

Good Partners

Astea’s cloud based services fit the needs of agta. The company provides a solid understanding of the cloud platform and will adapt it to agta’s ERP system. Agta is the world leader in automatic door systems and the partnership will expose Astea to a large industry of potential customers. Astea International Inc. (NASDAQ:ATEA) will be responsible for providing and maintaining all cloud-based services to agta. This will be done in the France business and adds global exposure to the portfolio of products Astea offers.

Global Solution

Astea can deliver its services via the cloud or on-site. Their portfolio covers all aspects of the cloud implementation, development and maintenance of the platform. Their solutions are seamless and leverage information while removing the barriers that exist between field operations and the back office. The implementation is scaled to the customer’s specs and can be put in place one module at a time or be a total, one-time installation. Astea has been in operation since 1979 and has evolved with the times. Over that period it has helped more than 600 companies by providing its unique portfolio of services. Astea International Inc. (NASDAQ:ATEA) offers fast response times and seamless integration to its customers.

Technicals

The stock sold off on news it would change listings and start trading on the OTC bulletin Board instead of the NASDAQ. It needs to fix a lot of technical damage and until then probably will trade sideways for awhile.

About the Author

Stinson is US Markets Daily’s Senior Producer for News & Public Affairs.

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