Fusionex International PLC Contract Win (0623J)

TIDMFXI

RNS Number : 0623J

Fusionex International PLC

26 June 2017

Fusionex International PLC

("Fusionex" or the "Company")

Contract Win

Fusionex, a multi award-winning, leading software solutions provider specializing in Big Data Analytics ("BDA"), the Internet of Things ("IoT"), Artificial Intelligence, and Deep Learning, has won a multi-million dollar multi-year contract to deliver a data management solution for an Asian logistics and communications service provider to revamp how it engages with customers.

The client is a leading logistics and communications provider with a presence in more than 1,000 locations nationwide. Among the services offered by the client are 24-hour outlets, self-service terminals, mobile outlets, postal agents, and stamp agents.

In line with the client's plans to revolutionize its businesses processes and bolster its ability to compete in a modernizing world, the data-driven customer relationship and analytics solution is intended to increase the user-friendliness of its services and simplify its interactions with customers. This consolidated solution will also be applied to the client's subsidiaries, bestowing upon them the convenience of streamlining customer information at a greater pace.

Data management and insights mining will also be carried out for the client via Big Data Analytics platform Fusionex GIANT 2017. This platform will help the client draw data related information to its customers, vendors, suppliers, and internal business processes. From all this disparate data, GIANT 2017 can piece together past patterns and make predictions of future trends.

This gives the client the ability to gain insights into everything that's happening within the organization, as well as foresights into the future and how the organization can adapt. The client will also be able to craft new products and services, decide on expansion plans, and other strategic moves with more accuracy, confidence, and a higher chance for success.

Ivan Teh, Fusionex Managing Director and Chief Executive Officer, commented: "The team is excited and can't wait to roll out our solution to give the client a greater edge over its competition. IT solutions have the potential to be game changers in this day and age and we believe the client will begin reaping immense benefits from the get go once this project goes live."

For further details:

Fusionex

 
 Ivan Teh, Chief Executive Officer             [e-mail] 
  Yuen Choong Lai, Chief Financial Officer      [e-mail] 
  Darren Hopkins, Director of Investor                    02079338780 
  Relations & Corporate Development 
  Walbrook PR Ltd (Media and Investor 
  Enquiries) 
  Paul Cornelius, Nick Rome, Helen Cresswell 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 26, 2017 02:00 ET (06:00 GMT)