Fusionex International PLC New Deal with Global Media Conglomerate (6971L)

TIDMFXI

RNS Number : 6971L

Fusionex International PLC

05 October 2016

 
   5 October 2016 
 

Fusionex International PLC

("Fusionex" or "the Group")

Fusionex Wins Deal with Global Media Conglomerate

Fusionex, a multi-award-winning international software solutions provider specialising in Analytics, Big Data and the Internet of Things, has won a million-dollar contract with one of the world's largest providers of digital media and brand intelligence. This is the latest significant win for Fusionex's next generation Big Data platform, Fusionex GIANT 2016 and a further pleasing endorsement of the Group's market-leading Big Data proposition.

The global media conglomerate provides brand management and customer engagement for internationally renowned companies. It enables its clients to take full advantage of the power of internet/online data, social media and sales data. The company captures hundreds of millions of online interactions on a daily basis, and mines all of this data continuously. The volume and complexity of this data currently amounts to hundreds of terabytes and is expanding daily.

Fusionex GIANT 2016 will empower the business to connect, collect, monitor, process, and analyse a multitude of online and offline data with greater efficiency via GIANT's ability for real-time analytics and it will be integral in the management of data streams which are being constantly generated. This data can now be leveraged using GIANT to analyse the considerable amounts of data and convert it into actionable insights.

Fusionex CEO, Ivan Teh, commented:

"This is a significant win with a great client, and it demonstrates an accelerating awareness that the usage of digital platforms is outpacing companies' ability to analyse data using conventional methods.

"We are delighted with the win and are committed to helping the new customer leverage our platform to grow at scale. With its numerous subsidiaries, we see a great opportunity to expand beyond this and broaden the horizon of the customer's business."

For further information please contact:

 
 Fusionex                                      Through Buchanan 
  Ivan Teh, Chief Executive Officer 
  Yuen Choong Lai, Chief Financial 
  Officer 
  Darren Hopkins, Director of Investor 
  Relations & Corporate Development 
 
   Panmure Gordon (Nominated Adviser 
   and Joint Broker) 
   Andrew Godber, Alina Vaskina (Investment 
   Banking) 
   Charles Leigh-Pemberton (Corporate 
   Broking)                                       0207 886 2500 
 
   Peel Hunt LLP (Joint Broker) 
   Richard Kauffer, Euan Brown                    0207 418 8900 
 
   Buchanan 
   Sophie McNulty, Stephanie Watson, 
   Patrick Hanrahan                               0207 466 5000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 05, 2016 02:00 ET (06:00 GMT)