ACT.L Share News (ACT)

(Sharecast News) - Analytics company Actual Experience announced on Tuesday that, following the recent development of its new 'Human Experience Management' (HXM) offerings for its partners, it has signed a three-year extension of its framework agreement with Accenture's procurement arm Proquire.
The AIM-traded firm said the new offerings had been added to the agreement, and would be available for Accenture client engagements globally.

While the agreement did not represent a guaranteed revenue generation, the board said it believed that Accenture had the potential to become a "significant" channel partner.

It said that in the current environment, enabling "efficient and effective" remote working was a priority for most large businesses.

Actual Experience said its HXM offerings analysed the human experience of an organisation's digital business, and applied algorithms and correlation techniques to understand its impact on operational efficiency, digital inequality, wellbeing and wasted payroll.

For its channel partners and their customers, the offerings provided the insight required to "improve and bring consistency" to the human experience of staff working at home, or in corporate offices.

As a result, it claimed that companies would be able to access "significant economic benefits", as well as delivering an improved working environment for employees working from home.

"We have been developing the new HXM offerings with our channel partners and we are delighted that Accenture has chosen to add the new offerings and extend our framework agreement," said chief executive officer Dave Page.

"We believe that the length of this extension demonstrates the value they see in the new offerings for their global customer base."

At 0956 BST, shares in Actual Experience were down 2.46% at 95.1p.