COSOL to start work with CleanCo to deliver one of the first large-scale migrations to SAP S/4HANA in Australia
Brisbane, 28 April 2020: COSOL is pleased to announce it has been awarded a comprehensive data migration work engagement with CleanCo Queensland Limited. CleanCo us the Queensland Government’s new publicly owned clean energy generator. The awarding of the contract was based on COSOL’s industry knowledge reputation, strength, capability and proprietary digital intellectual property, particularly RP Connect®.
This new CleanCo work is valued at $1.18mi , will be completed in 2020 calendar year, and follows on from earlier strategic advisory work undertaken by COSOL. This engagement will contribute positively to the financial performance in both FY20 and FY21. The scope of the contract includes both services and software, with the use of COSOL’s proprietary digital IP being key.
The engagement of COSOL by CleanCo reinforces COSOL’s leadership and digital capability in data migration for upgrades to SAP S/4HANA – SAP’s next generation of SAP enterprise research planning software, as well as the robustness of the COSOL business model in the current economic environment.
The award of this work recognizes COSOL’s proven expertise, and unique position, in SAP and Ellipse data management and migration, as well as the ability of its specialist proprietary software toolkit, RPConnect®, to enable a rapid and cost efficient migration to the next generation of SAP enterprise software, thereby reducing the business risk associated with these exercises.
Our CEO, Scott McGowan, commented “This is an exciting opportunity to use our market leading digital platform RPConnect® to streamline the data migration aspect of CleanCo’s migration to SAP S/4HANA. I’m very pleased that CleanCo has trusted COSOL to assist with one of the first large-scale migrations to SAP S/4HANA in Australia. The use of RPConnect® will deliver a rapid transformation project, in a cost efficient and reduced risk manner, with a high data quality transformation of EAM applications to SAP’s next generation suite S/4HANA. As more corporations look to upgrade or migrate their existing systems in the coming period, the ability to fast track these initiatives in the current economic environment becomes critical in reducing the business risk of such undertakings. Having a proven, and referenceable capability and the digital IP to support it, positions COSOL to take advantage of this.”
COSOL is a global, professional service providing strategic advice and practical delivery to streamline enterprise asset management business processes and technology systems. Our Company offers industry specific expertise in the definition, analysis, design, implementation, optimization and support of production and commercial systems within a tailored and flexible delivery framework. COSOL’s knowledge of systems and business processes couples with the ability to interact from the shop floor to the boardroom enables streamlined sustainable business process transformations.
We have maintained a strong Ellipse practice since inception, providing both business improvement ant tier II functional and technical support. Importantly, COSOL also maintains a SAP practice with a range of technical and functional SAP specialists. The company maintains networks and relationships with industry recognized solution providers, and we sell our own integration, data migration and reporting solutions (BPConnect®, RPConnect®). COSOL has realised business benefits for our clients through the planning and deployment of these solutions.
COSOL differentiates itself through high quality asset intensive industry consultants for multiple ERP solutions including SAP and the significant development of both the products RPConnect® and IP retention for enterprise resource planning data migrations projects.
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i The contract contains industry terms, similar to other COSOL contracts of this nature. There is no other information relevant to assessing the impact of the contract on the price of value of COSOL’s securities.