Boardwalktech Selected by Fortune 50 Social Media Company to Deliver New Applications for Data Management and Supply Chain
Boardwalktech Software Corp announced a significant contract with a major California-based social media company to implement new data management and supply chain applications using its Digital Ledger Platform and Radius Control Tower Insight technology. The initial revenue is projected at USD $200,000, with expectations for growth into recurring revenue as more applications are integrated. This partnership aims to enhance data visibility and decision-making processes across the client's value chain, emphasizing Boardwalktech's unique capability to manage unstructured data effectively.
- Contract with a large social media company expected to generate initial revenue of USD $200,000.
- Potential for recurring license revenue as more applications are added.
- Enhancements in data visibility and decision-making for the client through proprietary technology.
- None.
Critical and timely data aligned from various sources improves business results
CUPERTINO, Calif., May 18, 2021 /PRNewswire/ - (TSXV: BWLK) (OTCQB: BWLKF) Boardwalktech Software Corp ("Boardwalktech" or the "Company"), the leading Digital Ledger platform and enterprise software applications company, is pleased to announce it has contracted with a large California-based worldwide social media company (the "Client") to deliver new data management and supply chain applications running on the Boardwalk Platform with specific use of the Company's proprietary Radius Control Tower Insight technology. Initial revenue from this agreement starts at USD
Using the Boardwalktech Digital Ledger Platform, the Company and Client will implement a new system for managing data and supply chain information globally. Using Boardwalktech's Radius Control Tower Insight infrastructure, the Client will be able to efficiently manage and align information from their suppliers, logistics providers, customers, partners, and internal systems allowing them to have better visibility and insights into the decision-making process, resulting in improved business results.
"We are proud that this technology giant selected Boardwalktech to help better manage the information flow and decision making across the vast value chain of this iconic company," said Andrew T. Duncan, CEO. "Aligning and understanding information from multiple internal and external sources and using that actionable information to make rapid and timely decisions is paramount to the success of every organization and highlights the value of the Boardwalk Digital Ledger Platform. Our enterprise software is truly unique in its ability to convert unstructured data such as business documents, emails, and PDF's into working, auditable data without converting it into a structured database, providing unparalleled insights that can further drive rapid decision making processes at scale for our clients."
About Boardwalktech Software Corp.
Boardwalktech has developed a patented Digital Ledger Technology Platform used by Fortune 500 companies running hundreds of live mission-critical applications worldwide. Boardwalktech's patented digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously. Boardwalktech can deliver a collaborative purpose-built enterprise information management application on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based applications.
Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. To learn more about Boardwalktech and its capabilities, please visit www.boardwalktech.com.
Forward-Looking Information and Statements
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An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated May 30, 2018. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
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SOURCE BoardwalkTech
