NowVertical Group Announces Progress on “One Brand, One Business” Strategy
August 01 2024 - 8:46AM
NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a
global leader in data analytics and AI solutions, announces the
launch of its unified proposition strategy and the unveiling of its
newly redesigned website. NOW’s unified proposition strategy is a
significant milestone in the "One Brand, One Business" approach,
which aims to streamline the Company’s offerings across its wide
range of solutions. This strategic initiative integrates our
offerings across the organization, taking our diverse data
capabilities and building a cohesive set of repeatable solutions
and services. This unified view increases visibility, access and
availability of the exceptional value we deliver for clients, and
is a key pillar for driving organic revenue growth and increasing
margins going forward.
A redesigned website
(http://www.nowvertical.com/) marks this transformation, serving as
a comprehensive hub for our solutions and services, making it
easier for both existing and prospective clients to access and
understand the full breadth of our offerings.
Across NOW over 100 client engagements were
assessed to extract the highest value driving capabilities, which
now form the key components of our Unified Proposition Suite.
Thirteen Solutions spanning the entire customer journey and eleven
Services across the full data pipeline have been identified as
those delivering exceptional outcomes for clients.
Investors and stakeholders who want more detail
about NOW’s identified solutions and services should visit the
redesigned website (https://www.nowvertical.com/) and can also view
our most recent corporate update webinar. This webinar provided
detailed insights into our strategic initiatives and future plans,
showcasing the value and growth potential of our unified
strategy.
"The strategic unification of all group
offerings is a pivotal step in our journey of integrating our
operations and scaling our strategic accounts,” said Sandeep
Mendiratta, CEO of NOW. “We are better positioned than ever to
deliver exceptional value to our clients and drive sustainable
growth. The launch of our new website illustrates to clients the
full capabilities of the NOW Group for the first time and will
drive more efficient cross-selling and up-selling of our solution
set.”
This suite of propositions is the cornerstone
for driving sustained, profitable growth across the group.
Utilizing the core expert capabilities provided in the Unified
Proposition Strategy and tailoring them to specific client needs
provides a win-win-win for our clients, the group and investors. As
a recent example, our Predictive Recommendation Solution
successfully reduced subscriber cancellations by 60% for a
telecommunications client in the LATAM market. Using the same
Predictive Recommendation Solution in the North American and EMEA
markets, another client had a 15% engagement increase within their
customer base.
About NowVertical
NowVertical is a global data analytics and AI
solutions company committed to converting data investments into
actionable business solutions. Our innovative solutions, combined
with strategic acquisitions and organic growth, position us as a
leader in the industry, delivering cutting-edge technology and AI
applications to both private and public enterprises.
For more information, please visit www.nowvertical.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information, please contact:
Andre Garber, CDOIR@nowvertical.com
Glen Nelson, Investor Relations and Communications:
glen.nelson@nowvertical.com t: (403) 763-9797
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