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IN BRIEF: Actual Experience gets GBP135,000 workplace platform order

Tue, 25th Jul 2023 10:53

Actual Experience PLC - Bath, England-based analytics-as-a-service company - Receives second order for its digital workplace management platform. Actual Experiences says that this new customer is a "major global healthcare enterprise" that contacted the company through a US channel partner. This marks the first enterprise sale of the platform through a large US-based channel partner. The order totals GBP135,000 in revenue for a six month baselining project, and will be deducted from GBP200,000 pre-payment announced in March 2021, but will be recognised as revenue over the life of the contract.

Chief Product Officer Scarlet Jeffers said: "This second enterprise sale within such a short period of time since we launched the new Digital Workplace Management Platform in October 2022 is extremely encouraging in terms of our product-market fit."

Current market price: 0.59 pence, up 12%

12-month change: down 79%

By Will Neill, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved

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