NowVertical Earns Highest Google Partner Recognition: Premier Partner Status in LATAM Region
NowVertical Group (TSXV: NOW) has achieved Google Premier Partner status in the LATAM region, marking the highest tier within Google's partner ecosystem. This milestone comes after a three-year development period, during which the company secured over 40 Google certifications. The partnership strengthens NowVertical's position in delivering Data & AI solutions and supports its goal of reaching US$50 million in revenue run rate with a 20% EBITDA margin.
The company has demonstrated significant client success, including reducing faulty production by 40% for a manufacturing client and improving resource forecasting accuracy by over 50% for an energy client. To achieve Premier Partner status, NowVertical met strict requirements including expertise in Data & Analytics and Machine Learning Services, completing 10 successful customer engagements, generating US$500,000 in qualified consumption, and maintaining 10+ certified professionals.
NowVertical Group (TSXV: NOW) ha raggiunto lo status di Google Premier Partner nella regione LATAM, segnando il massimo livello all'interno dell'ecosistema di partner di Google. Questo traguardo arriva dopo un periodo di sviluppo di tre anni, durante il quale l'azienda ha ottenuto oltre 40 certificazioni Google. La partnership rafforza la posizione di NowVertical nella fornitura di soluzioni di Data e AI e supporta il suo obiettivo di raggiungere un fatturato annuo di 50 milioni di dollari con un margine EBITDA del 20%.
L'azienda ha dimostrato un significativo successo con i clienti, tra cui la riduzione del 40% delle produzioni difettose per un cliente nel settore manifatturiero e il miglioramento della precisione nelle previsioni delle risorse di oltre il 50% per un cliente nel settore energetico. Per ottenere lo status di Premier Partner, NowVertical ha soddisfatto requisiti rigorosi, incluse competenze in Data & Analytics e Servizi di Machine Learning, completando 10 engagement di successo con i clienti, generando 500.000 dollari in consumi qualificati e mantenendo oltre 10 professionisti certificati.
NowVertical Group (TSXV: NOW) ha logrado el estatus de Socio Premier de Google en la región de LATAM, marcando el nivel más alto dentro del ecosistema de socios de Google. Este hito llega tras un período de desarrollo de tres años, durante el cual la empresa obtuvo más de 40 certificaciones de Google. La asociación fortalece la posición de NowVertical en la entrega de soluciones de Datos y AI y apoya su objetivo de alcanzar una tasa de ingresos de 50 millones de dólares estadounidenses con un margen EBITDA del 20%.
La empresa ha demostrado un éxito significativo con los clientes, incluyendo la reducción en un 40% de la producción defectuosa para un cliente del sector manufacturero y la mejora en la precisión de la previsión de recursos en más del 50% para un cliente del sector energético. Para lograr el estatus de Socio Premier, NowVertical cumplió con requisitos estrictos, incluyendo experiencia en Datos & Análisis y Servicios de Aprendizaje Automático, completando 10 compromisos exitosos con clientes, generando 500,000 dólares en consumo calificado y manteniendo a más de 10 profesionales certificados.
NowVertical Group (TSXV: NOW)는 LATAM 지역에서 Google Premier Partner 상태를 달성하였으며, 이는 Google 파트너 생태계 내에서 가장 높은 수준을 나타냅니다. 이 이정표는 3년 개발 기간 이후에 달성되었으며, 이 동안 회사는 40개 이상의 Google 인증을 확보했습니다. 파트너십은 NowVertical의 입지를 강화하여 데이터 및 AI 솔루션을 제공하고, 5000만 달러의 연간 수익 목표와 20%의 EBITDA 마진을 달성하는데 도움을 줍니다.
회사는 제조 고객을 위해 불량 생산을 40% 줄이고, 에너지 고객을 위해 자원 예측 정확도를 50% 이상 향상시키는 등 고객의 성공을 크게 거두었습니다. Premier Partner 상태를 달성하기 위해 NowVertical은 데이터 및 분석, 머신러닝 서비스에 대한 전문성과 10건의 성공적인 고객 참여, 50만 달러의 적격 소비 창출 및 10명 이상의 인증된 전문가 유지라는 엄격한 요구 사항을 충족했습니다.
NowVertical Group (TSXV: NOW) a atteint le statut de Partenaire Premier de Google dans la région LATAM, marquant le niveau le plus élevé au sein de l'écosystème des partenaires de Google. Ce jalon intervient après une période de développement de trois ans, au cours de laquelle l'entreprise a obtenu plus de 40 certifications Google. Le partenariat renforce la position de NowVertical dans la fourniture de solutions de données et d'IA et soutient son objectif d'atteindre un chiffre d'affaires de 50 millions de dollars américains avec une marge EBITDA de 20 %.
L'entreprise a démontré un succès significatif avec ses clients, y compris une réduction de 40 % des productions défectueuses pour un client manufacturier et une amélioration de la précision des prévisions de ressources de plus de 50 % pour un client du secteur énergétique. Pour obtenir le statut de Partenaire Premier, NowVertical a satisfait à des exigences strictes, y compris une expertise en données & analyses et services d'apprentissage automatique, la réalisation de 10 engagements clients réussis, la génération de 500 000 dollars américains en consommation qualifiée et le maintien de plus de 10 professionnels certifiés.
NowVertical Group (TSXV: NOW) hat den Status eines Google Premier Partners in der LATAM-Region erreicht, was die höchste Stufe im Partner-Ökosystem von Google markiert. Dieser Meilenstein wurde nach einer dreijährigen Entwicklungsphase erreicht, in der das Unternehmen über 40 Google-Zertifizierungen erworben hat. Die Partnerschaft stärkt die Position von NowVertical bei der Bereitstellung von Daten- und KI-Lösungen und unterstützt das Ziel, eine jährliche Umsatzrate von 50 Millionen US-Dollar mit einer EBITDA-Marge von 20 % zu erreichen.
Das Unternehmen hat bedeutende Erfolge bei seinen Kunden gezeigt, darunter eine Reduzierung von fehlerhaften Produktionen um 40 % für einen Kunden in der Fertigung sowie eine Verbesserung der Ressourcenprognosegenauigkeit um über 50 % für einen Kunden im Energiesektor. Um den Status des Premier Partners zu erreichen, hat NowVertical strenge Anforderungen erfüllt, einschließlich Fachwissen in den Bereichen Daten & Analytik und Machine Learning-Dienste, der Durchführung von 10 erfolgreichen Kundenprojekten, der Generierung von 500.000 US-Dollar an qualifizierten Konsum und der Beibehaltung von mehr als 10 zertifizierten Fachleuten.
- Achieved highest-tier Google Premier Partner status in LATAM
- Access to exclusive resources and priority support from Google Cloud
- Demonstrated successful client outcomes with 40-50% improvement metrics
- Built foundation of 40+ Google certifications
- Positions company to secure higher-value engagements
- None.
Toronto, Ontario--(Newsfile Corp. - January 16, 2025) - NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, proudly announces its recognition as a Google Premier Partner in the LATAM region. This premier level of partnership represents the highest tier within Google's partner ecosystem. This partnership underscores NowVertical's advanced expertise in Google Cloud solutions, particularly in Data & AI Specialisations, which are core to driving NowVertical's initial revenue run rate objective of US
Achieving Premier Partner status is a culmination of a rigorous, three-year development journey during which NowVertical has built a robust foundation of over 40 Google certifications and delivered outstanding measurable client impact. This elite recognition places NowVertical among a select group of companies globally, reflecting its technical proficiency, client success, and commitment to excellence.
NowVertical continues to deliver measurable business value for its clients across industry verticals by leveraging Google technology - examples include reducing faulty production by
"Becoming a Google Premier Partner is a powerful validation of our deep expertise in data and AI technologies and our ability to deliver transformational value to our clients," said Sandeep Mendiratta, CEO of NowVertical. "This milestone enhances our credentials in LATAM and provides a platform to accelerate our partnership expansion across North America and EMEA, which support our longer-term growth goals. It positions us to scale faster, secure more and higher-value engagements, and deepen our relationships with enterprise clients."
Becoming a Google Premier Partner is a major competitive advantage for NowVertical, providing access to exclusive resources, priority support from Google Cloud and greater client access.
The stringent requirements to achieve this status include:
- Demonstrate expertise in two Google Cloud Specializations, Data & Analytics and Machine Learning Services.
- 10 successful customer engagements in the region completed and verified by Google, showcasing the tangible business impact and value delivered through Google Cloud solutions.
- Generate at least US
$500,000 in qualified consumption from Google Cloud growth markets. - Have 10 or more employees who are certified in professional Google Cloud roles, demonstrating their technical expertise and proficiency in Google Cloud technologies.
This accomplishment is expected to further bolster NowVertical's position as a strategic and trusted technology partner to global enterprises, as it continues to expand its reach and drive organic growth toward achieving its US
About NowVertical Group Inc.
The Company is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company's AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions. For further details about NowVertical, please 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.
For further information, please contact:
Andre Garber, CDO
IR@nowvertical.com
Nikhil Thadani, Investor Relations and Communications
nik@sophiccapital.com
t: (289) 667-1977
Cautionary note regarding Forward-Looking Statements
This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together "forward-looking statements"), including, statements regarding the ability of the Company to secure more work, the ability of the Company to capitalize on growth opportunities, and statements regarding the benefit of the certification to NowVertical's business. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company's management's discussion and analysis for the year ended December 31, 2023. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237420
FAQ
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