REG - Actual Experience - Logicalis to seek first customer for DWMP product

Actual ExperienceAnnouncement

26/07/2023 07:00

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RNS Number : 1542H  Actual Experience PLC  26 July 2023

26 July 2023

 

Actual Experience plc
(the "Company", "Actual Experience", or "Actual")

Letter of Intent signed with Logicalis to seek first customer for new joint
DWMP-based product offering

Actual Experience plc (AIM: ACT), the analytics-as-a-service company, is
pleased to announce that it has signed a Letter of Intent with Logicalis
International Limited ("Logicalis") to secure the first customer for a new
joint product offering based on Actual's Digital Workplace Management Platform
("DWMP") and delivered through Logicalis' Digital Fabric Platform ("DFP")
which provides their managed services customers with a real-time view of
digital infrastructure across cloud, security, workplace, and connectivity.

Logicalis is one of three main operating divisions of Datatec, a major
technology and services group with annual revenues of $4.6bn, operating in
over 50 countries and with more than 10,000 customers.

This joint offering leverages the new DWMP Light option, developed by Actual
with the aim of reducing lengthy enterprise sales cycles in response to market
feedback. The core components of the DWMP Light align very well to the market
that Logicalis primarily operates in, and the Company expects that this
partnership will lead to a consistent flow of new contracts in time.

There will be two standard use cases of the DWMP Light option within the DFP:

1.     Baseline Impact - quantifies the high-level business impact of a
customer's digital ecosystem on both employee experience and business
productivity, enabling CIOs to communicate more strategically with their
C-Suite.

2.     Baseline Ecosystem - pinpoints specific internal and third-party
components of the digital ecosystem that have the most significant impact on
key business metrics such as productivity, employee experience and equality.
With this offering, the CIO can better manage suppliers and/or form the
business case for the improvement of their digital ecosystem.

Toby Alcock, Group CTO for Logicalis said: "I'm really excited about Actual
Experience as I believe the product is unique in the market and can really add
value to our "Employee Experience" scores in our Digital Fabric Platform, the
award winning solution that gives our customers a single pane of glass to
benchmark their technology suite's performance across employee experience,
environmental impact, economics, security, and availability and gain valuable
insights as to how to make improvements. My vision is to have Actual
Experience integrated into DFP and available as an add-on for all our
customers, which gives us a healthy, automated margin as well as the
differentiation and leadership, which are the principles of DFP we strive
for."

Roy Jugessur, Chief Revenue Officer of Actual Experience, said: "We are
delighted to be working with Logicalis. Their strength in the upper mid-market
and lower enterprise scale customers is highly attractive as we seek to add
prospects to our pipeline that typically make quicker purchasing decisions
than the large enterprises we are currently engaged with."

Iain McCready, Actual's newly appointed CEO commented: "This is an incredibly
exciting time for the Company as we see increasing market interest for our new
DWMP product. This important technology relationship with Logicalis has the
potential to deliver multiple fast-moving sales opportunities in their global
international customer base."

 

 

 

For further information visit www.actual-experience.com
(http://www.actual-experience.com)   follow on twitter @ActualExp, or
contact:

 

 Actual Experience plc                            Tel: +44 (0)207 129 1474

 Iain McCready, CEO

 Steve Bennetts, CFO
 Singer Capital Markets Advisory LLP              Tel: +44 (0)207 496 3000

 Shaun Dobson

 James Fischer
 Turner Pope Investments (TPI) Ltd                Tel: + 44 (0)203 657 0050

 James Pope

 Andy Thacker
 Flagstaff Strategic and Investor Communications  Tel: +44 (0)207 129 1474

 Tim Thompson                                     actual@flagstaffcomms.com

 Mark Edwards

 Andrea Seymour

 Anna Probert

 

 

About Actual Experience

Actual Experience's goal is to make the digital world work for everyone,
everywhere, all of the time. As the working world evolves post-pandemic, the
global shift to a flexible hybrid model has brought with it a significant
challenge; how do businesses create an environment that gives their people
what they need to thrive, whilst protecting the commercial efficiency of the
business and driving growth at the same time?

For further information please visit www.actual-experience.com
(http://www.actual-experience.com/)

 

 

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