News and Announcements
Invigor Group (ASX: IVO) Signs MoU with US-based Neal Analytics
- Published May 25, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Australia based Invigor Group and US-based Neal Analytics signed an MOU wherein each would help the other to promote data solutions on a global scale.
- CEOs’ of both companies expressed excitement at the collaboration, saying that it would provide their clientele with better solutions and result in digital transformation.
- This deal is an outcome of Invigor’s association with Microsoft which entailed cooperation in the fields of product development, marketing and promotion.
Invigor Group (ASX: IVO) announced on 24 th May, 2018 that it had signed an MOU with Neal Analytics, a US based entity that specializes in the field of data analytics. With Invigor itself dealing in solutions related to data intelligence, the memorandum is expected to encourage collaboration between the two companies wherein each would promote solutions related to data management.
This deal is an outcome of Invigor’s association with Microsoft wherein it was not just in charge of product development but also sharing promotion and marketing strategies with the software giant. Courtesy of the MOU with Neal Analytics, Invigor can now expand to hitherto unexplored territories like Africa, Europe and the Middle East, in addition to its established markets in Asia, Australia and North America.
Dylan Dias, CEO of Neal Analytics, describes the partnership as a critical step that would enable his company to deliver solutions on a global platform. He admitted to being excited about this collaboration and expressed hope that it would enable both companies to provide best possible solutions to their clientele while bringing about large-scale digital transformation.
Gary Cohen, CEO of Invigor, also claimed to be excited about the MOU, saying that it had provided them with the unique opportunity of working together with a company that was specialized in artificial intelligence, machine learning and developing cloud-based solutions. Through the MOU, Invigor intends to deploy its intelligence solution SpotLife in the Asia-
Pacific region while capitalizing on advisory services of Neal Analytics.
About Invigor Group (ASX: IVO)
Invigor is a B2B insights and loyalty company for retailers, brands and venue operators that delivers a more strategic, profitable approach to today’s commerce.
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