NowVertical Group Solidifies its Media and Entertainment Vertical with Renewal of The Economist Group
20 March 2023 - 10:30PM
NowVertical Group Inc. (
TSX-V: NOW)
(
OTCQB: NOWVF) (“
NOW” or the
“
Company”), the Vertical Intelligence
(“
VI”) company is pleased to announce it has
renewed its contract with The Economist Group, the leading source
of analysis on international business and world affairs. This most
recent renewal marks the second consecutive service extension
between the two companies. Based in London and serving a global
readership and client base, the Economist Group’s flagship
businesses include The Economist newspaper and website and a
research and analysis division.
NOW’s UK-based Acrotrend Group began working
with the Economist Group in 2020 to establish capabilities to
define and standardize strategic and operational KPIs, provide
critical insights for acquisition, retention and engagement, and
provide solutions to improve the experience for their subscribers.
The Company has also created a framework for delivering a
modernized data platform to better serve demands from The
Economists’ Marketing, Finance, and Customer Services teams. Under
the renewed contract, NOW will continue to provide services to the
Economist Group to support its robust architecture and introduce
new technologies from the NOW VI-OS.
With this recent extension, NOW builds on its
established list of approximately 30 media and entertainment
customers. NOW’s current and past customers include Universal Music
Group, Starz, Spotify, and Lionsgate, amongst many others.
“NOW continues to add incredible value for our
Media and Entertainment customers,” said Daren Trousdell, Chairman
and CEO of NOW. “This renewal further confirms our strength in the
media and entertainment vertical, demonstrating how NOW delivers
long-term value through the Vertical Intelligence (VI) approach. We
look forward to continuing to drive value for The Economist and
showcasing these winning use cases to more customers in this
rapidly growing vertical.”
About NowVertical Group
Inc.
NowVertical Group is a Vertical Intelligence
(VI) software and services provider that delivers
vertically-specific data, technology, and artificial intelligence
(AI) applications into private and public verticals globally. NOW's
proprietary solutions sit at the foundation of the modern
enterprise by transforming AI investments into VI, enabling its
customers to minimize their risk, accelerate the time to value, and
reduce costs. NOW is rapidly growing organically and through
targeted acquisitions. For more information about NOW, 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.
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For further information, please contact: Daren
Trousdell, Chief Executive Officere: daren@nowvertical.comt: (212)
302-0868
Glen Nelson, Investor Relationse: glen@nowvertical.comt: (403)
763-9797
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