Imaginatik signs full-service deal with US investment management firm
Abal Group
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15:24 06/02/20
Imaginatik announced on Wednesday that it has signed a new contract for its ‘full-service innovation offering’ with an unnamed large US-based investment management company.
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The AIM-traded firm said the initial contract was for a three-year term, and was valued at approximately $0.5m.
It said the contract would see Imaginatik deliver a “comprehensive full service innovation solution” consisting of its enterprise innovation software platform and consultancy services, including innovation strategy advisory work and innovation capability building.
“We are pleased to have signed a large, full service contract with another new customer, further adding to our blue-chip client base,” said Imaginatik executive chairman Matt Cooper.
“We continue to believe that in order for an organisation to build and sustain a business-critical innovation ethos and competency, technology and consultancy need to be implemented in a joined-up way.
“Our unique ability to provide consultancy services and also deliver innovation programmes through our software platform remains a powerful differentiator in the market and we are pleased to see this resonating with our target market.”