i-nexus Global PLC Contract Win

RNS Number : 7351X

i-nexus Global PLC

25 July 2024

 

RNS Reach

25 July 2024

i-nexus Global plc

("i-nexus", the "Company" or the "Group")

Contract Win

i-nexus secures new North American customer

i-nexus Global plc (AIM: INX), a leading provider of cloud-based Strategy software solutions designed for the Global 5000, has signed a three-year contract with a leading North American engineered materials business for an initial monthly recurring revenue ("MRR") of £13.6k rising to £16.5k in years two and three, alongside additional deployment services.

Following a successful competitive tender, i-nexus' strategy execution software will be used to deploy and cascade the strategy through Hoshin policy deployment and Enterprise Project Management Office ("EPMO") governance. This will establish a single source of truth for strategic and operational performance, providing better insights. As a result, the client will experience improved selection, prioritization, management, and alignment of business priorities, ultimately de-risking the delivery of their plans and enabling them to achieve more with less effort.

i-nexus is continuing to execute against its strategic objectives, enhancing its offering while focusing on converting its growing sales pipeline, aiming to achieve consistent MRR growth in the latter half of the year.

Simon Crowther, Chief Executive, commented:  "Winning this contract in a competitive tender situation underscores the world-class capabilities of our strategy management solutions. This contract is a testament to our ongoing strategic initiatives to drive marketing, sales-generated leads, and new business growth in the last 3 years.

This client chose i-nexus because our software delivers a comprehensive solution for aligning business priorities with strategic and operational performance, enabling improved decision-making and resource management. We look forward to successfully deploying our solutions for this client and increasing our engagement with them."

For further information please contact:

i-nexus Global plc Simon Crowther, CEO Drew Whibley, CFO	Via: Alma
Singer Capital Markets (Nominated Adviser and Broker) Sandy Fraser / Alex Bond (Investment Banking)	Tel: [phone]
Alma Strategic Communications Caroline Forde / Robyn Fisher	Tel: [phone]

 

About i-nexus Global plc

i-nexus Global plc ("i-nexus") helps companies accelerate business outcomes through robust strategic planning, predictable project portfolio delivery, and real-time performance tracking to ensure results are achieved. I-nexus' strategy applications replace spreadsheets and presentations with a single application that promotes collaboration, alignment, and communication in the pursuit of improved business outcomes, while providing resource and accompanying cost efficiencies.

Today, we support organisations in managing over 200,000 strategic programmes around the world.

 

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