Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOneView Group Regulatory News (ONEV)

  • There is currently no data for ONEV

Multi-Million Dollar Cloud-Based Hosting Agreement

22 Feb 2017 07:00

RNS Number : 4910X
OneView Group PLC
22 February 2017
 

22 February 2017

 

OneView Group plc

("OneView" or the "Company")

 

Largest ever contract win

Multi-Million Dollar Cloud-Based Hosting Agreement with Discount Tire Corporation

 

OneView (AIM: ONEV), one of the retail industry's leading digital transformation software providers for instore customer service, is pleased to announce that it has signed a multi-million dollar annual cloud-based hosting agreement (the "Agreement") with existing client, Discount Tire Corporation ("Discount Tire"), the world's largest independent tyre and wheel retailer. This constitutes OneView's largest contract to date and comes with a material upfront payment.

 

The Agreement, which expands upon OneView's current partnership with Discount Tire, is for a five-year term and will provide a material uplift to annual recurring revenues.

 

Under the Agreement, OneView will support Discount Tire by hosting its cloud-based in-store software platform, and providing application management and IT infrastructure support for its store operations. The cloud-based service will enable Discount Tire to remove much of the complexity and costs related to managing and supporting its store technology platform.

 

Tom Williams, Senior Vice President of Customer Experience, Discount Tire:

"As we continue the digital transformation of our 940 stores, OneView's full service hosting solution expedites our implementation, increases iterative capability and provides direct access to OneView's expertise and knowledge base. We found that the overall savings in time and costs make cloud-based delivery of a digital store platform the most efficient and economical arrangement for achieving operational return and improving customer experience."

 

Stuart Mitchell, Chief Executive Officer of OneView commented:

"We are delighted that Discount Tire has chosen to expand its agreement with OneView which clearly demonstrates the value of the services we provide to our clients. This is our largest contract to date providing a substantial uplift in revenue visibility over the coming years. Discount Tire joins a growing list of companies that are increasingly recognising the benefits of our cloud-based hosted service to drive value and differentiation to their customers and operations. We hope to be able to announce further successes for our hosted service in the coming months."

 

Further Details:

 

OneView Group plc

Tel: 01634 673172

Stuart Mitchell, CEO Linda Palanza, COO Mark Wilson, Finance Director

finnCap Ltd

Tel: 020 7220 0500

Geoff Nash Kate Bannatyne

Hybridan

Tel: 020 3764 2341

Claire Noyce (Broking)

Newgate Communications

Tel: 020 7653 9848

Bob Huxford Lydia Thompson

 

About OneView Group

OneView Group is a pioneer in digital store transformation, helping global retailers implement successful unified commerce strategies that centre on the critical engagement in store. The Company's cloud-based Digital Store Platform combines digital-ready point of sale, line busting, and end-to-end unified commerce capabilities, with the ability to capture and deliver the rich content from these store interactions across the retail enterprise. OneView enables the exchange of this powerful store information to immediately impact sales, business operations and the customer experience. Travis Perkins plc, Wickes, and Discount Tire Corporation are among the global retailers revolutionizing their stores with OneView Group. For more information, visit www.oneviewcommerce.com.

 

 

About Discount Tire/America's Tire

Discount Tire/America's Tire, based in Scottsdale, Arizona, is the world's largest tire and wheel retailer. The company does business under the trade name Discount Tire in most of the U.S. and America's Tire in Central and Northern California. The company currently operates more than 940 stores across the country employing more than 18,000 staff. In 2010, the company marked its 50th year serving customers as their trusted tire retailer in local markets across the U.S. Discount Tire/America's Tire also sponsors NASCAR Nationwide Series and Monster Energy AMA Supercross. For more information about Discount Tire/America's Tire visit discounttire.com or americastire.com.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGRKMGZZGZMGNZG
Date   Source Headline
11th Dec 20077:00 amRNSAGM Statement
8th Nov 200712:26 pmRNSHolding(s) in Company
6th Nov 20077:00 amRNSFinal Results
12th Oct 20074:52 pmRNSHolding(s) in Company
17th Sep 20077:00 amRNSTrading Statement
9th Aug 20074:21 pmRNSAIM Rule 26
27th Apr 20079:50 amRNSTotal Voting Rights
17th Apr 200711:13 amRNSAdditional Listing
4th Apr 20077:00 amRNSInterim Results
13th Mar 20074:29 pmRNSHolding(s) in Company
7th Mar 20074:22 pmRNSHolding(s) in Company
26th Feb 20076:10 pmRNSHolding(s) in Company
16th Feb 20073:42 pmRNSHolding(s) in Company
8th Jan 20077:00 amRNSOrder from BMW AG
3rd Jan 200710:44 amRNSNew Distribution Contract
21st Dec 20067:00 amRNSTotal Voting Rights
19th Dec 200611:12 amRNSHolding(s) in Company
13th Dec 20064:59 pmRNSDirector/PDMR Shareholding
12th Dec 200612:16 pmRNSResult of AGM
12th Dec 20067:00 amRNSAGM Statement
7th Dec 20063:30 pmRNSRe Contract
2nd Nov 20067:00 amRNSFinal Results
12th Sep 20067:00 amRNSTrading Statement
1st Sep 20063:59 pmRNSHolding(s) in Company
25th Aug 20063:31 pmRNSHolding(s) in Company
21st Jul 20061:06 pmRNSDirector/PDMR Shareholding
26th May 20067:01 amRNSDirector/PDMR Shareholding
16th May 20069:41 amRNSHolding(s) in Company
10th May 200611:36 amRNSTrading Statement
30th Mar 20067:00 amRNSInterim Results
7th Feb 200610:22 amRNSDirector/PDMR Shareholding
7th Feb 200610:17 amRNSHolding(s) in Company
6th Feb 20067:00 amRNSAcquisition & Placing
19th Jan 20067:01 amRNSRe Contract
14th Dec 20053:23 pmRNSAdditional Listing
9th Dec 20057:00 amRNSAGM Statement
16th Nov 200510:53 amRNSAdditional Listing
8th Nov 20051:47 pmRNSAdditional Listing
2nd Nov 20057:00 amRNSFinal Results
18th Oct 20057:01 amRNSHolding(s) in Company
14th Oct 200511:17 amRNSHolding(s) in Company
27th Sep 20052:53 pmRNSHolding(s) in Company
20th Sep 20057:00 amRNSTrading Statement
4th Aug 20053:16 pmRNSSAR 3 - Armour Group Plc
4th Aug 20053:14 pmRNSHolding(s) in Company
1st Jun 200512:46 pmRNSDir Shrhldg & add. listing
24th May 20055:21 pmRNSSAR 3 - Armour Group PLC
24th May 20055:02 pmRNSHolding(s) in Company
7th Apr 20057:00 amRNSInterim Results
29th Mar 200510:57 amRNSAdditional Listing

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.