Wednesday, October 30, 2024

Pakistan’s NETSOL Signs $16 Million Agreement with Major Automaker in US

NETSOL Technologies has announced a significant achievement, securing a $16 million, five-year contract with a major automaker. The deal involves upgrading the automaker’s US dealership operations using NETSOL’s innovative Otoz platform.

Naeem Ghauri, President of NETSOL and Founder of Otoz, expressed enthusiasm about this collaboration, calling it a major milestone for the company. This contract builds on previous successes in the US, including projects with MINI Anywhere and AutoNation Mobility.

Ghauri highlighted the potential of the Otoz platform to revolutionize digital retail experiences in the automotive industry.

The platform’s API-first architecture is designed to integrate smoothly with dealership operations, ensuring top-level security and compliance standards are met. This ease of integration is expected to significantly enhance operational efficiency and customer experience at the dealerships.

The new partnership is a strong indication of NETSOL’s ambitious expansion plans within the US automotive market. By leveraging Otoz’s cutting-edge technology, NETSOL aims to capture a larger share of the market and solidify its position as a leader in automotive digital retail solutions.

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