RCS - i-nexus Global PLC - Contract Win

i-nexus GlobalAnnouncement

25/07/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240725:nRSY7351Xa&default-theme=true

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                                     Via: Alma

 Simon Crowther, CEO

 Drew Whibley, CFO
 Singer Capital Markets (Nominated Adviser and Broker)  Tel: +44 (0)207 496 3000

 Sandy Fraser / Alex Bond (Investment Banking)
 Alma Strategic Communications                          Tel: +44 (0)203 405 0205

 Caroline Forde / Robyn Fisher

 

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.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRARIMRTMTITBII