NowVertical Group Announces Strategic Partnership with Microsoft and Launch of Global Center of Excellence
NowVertical Group announces the launch of its Microsoft Center of Excellence (COE) as part of the Microsoft AI Cloud Partner Program. The COE, comprising over 50 Microsoft specialists across India, the UK, and LATAM, aims to meet enterprises' demand for Microsoft Azure-based data solutions. The initiative leverages NOW's expertise in AI-powered data transformation, with a proven track record of successful projects including cost savings of US$3 million in 57 days for a European telecom company and 30% improvement in marketing campaign conversion for a Latin American newspaper. The company plans to launch AI-powered solutions in the Azure Marketplace to expand its presence in North America, EMEA, and LATAM.
NowVertical Group annuncia il lancio del suo Microsoft Center of Excellence (COE) nell'ambito del programma Microsoft AI Cloud Partner. Il COE, che comprende oltre 50 specialisti Microsoft in India, Regno Unito e LATAM, si propone di soddisfare la domanda delle imprese per soluzioni basate su Microsoft Azure. L'iniziativa sfrutta l'esperienza di NOW nella trasformazione dei dati potenziata dall'intelligenza artificiale, con un comprovato successo in progetti come il risparmio di 3 milioni di dollari in 57 giorni per una compagnia telefonica europea e un miglioramento del 30% nel tasso di conversione delle campagne di marketing per un giornale latinoamericano. L'azienda prevede di lanciare soluzioni potenziate dall'IA nel marketplace Azure per espandere la propria presenza in Nord America, EMEA e LATAM.
NowVertical Group anuncia el lanzamiento de su Microsoft Center of Excellence (COE) como parte del programa Microsoft AI Cloud Partner. El COE, que cuenta con más de 50 especialistas de Microsoft en India, el Reino Unido y LATAM, tiene como objetivo satisfacer la demanda de las empresas por soluciones de datos basadas en Microsoft Azure. La iniciativa aprovecha la experiencia de NOW en la transformación de datos impulsada por IA, con un historial comprobado de proyectos exitosos, incluidos ahorros de 3 millones de dólares en 57 días para una empresa de telecomunicaciones europea y una mejora del 30% en la conversión de campañas de marketing para un periódico latinoamericano. La empresa planea lanzar soluciones impulsadas por IA en el Azure Marketplace para expandir su presencia en América del Norte, EMEA y LATAM.
NowVertical Group는 Microsoft AI Cloud Partner 프로그램의 일환으로 Microsoft Center of Excellence (COE)의 출범을 발표했습니다. COE는 인도, 영국, LATAM의 50명 이상의 Microsoft 전문가로 구성되어 있으며, Microsoft Azure 기반 데이터 솔루션에 대한 기업의 수요를 충족하는 것을 목표로 합니다. 이 이니셔티브는 AI 기반 데이터 변환에 대한 NOW의 전문 지식을 활용하며, 유럽 통신사에 대한 57일 내 300만 달러의 비용 절감과 라틴 아메리카 신문의 마케팅 캠페인 전환율 30% 향상과 같은 성공적인 프로젝트들을 포함한 입증된 실적을 가지고 있습니다. 회사는 북미, EMEA 및 LATAM에서의 존재감을 확장하기 위해 Azure Marketplace에서 AI 기반 솔루션 출시를 계획하고 있습니다.
NowVertical Group annonce le lancement de son Microsoft Center of Excellence (COE) dans le cadre du programme Microsoft AI Cloud Partner. Le COE, composé de plus de 50 spécialistes Microsoft en Inde, au Royaume-Uni et en LATAM, vise à répondre à la demande des entreprises pour des solutions de données basées sur Microsoft Azure. L'initiative s'appuie sur l'expertise de NOW en matière de transformation des données alimentée par l'IA, avec un bilan éprouvé de projets réussis, notamment des économies de 3 millions de dollars en 57 jours pour une entreprise de télécommunications européenne et une amélioration de 30 % du taux de conversion des campagnes marketing pour un journal latino-américain. L'entreprise prévoit de lancer des solutions alimentées par l'IA sur le Marketplace Azure pour élargir sa présence en Amérique du Nord, EMEA et LATAM.
NowVertical Group gibt die Einführung seines Microsoft Center of Excellence (COE) im Rahmen des Microsoft AI Cloud Partner Programms bekannt. Das COE, das aus über 50 Microsoft-Spezialisten in Indien, dem Vereinigten Königreich und LATAM besteht, zielt darauf ab, die Nachfrage von Unternehmen nach Microsoft Azure-basierten Datenlösungen zu erfüllen. Die Initiative nutzt NOWs Fachwissen in der KI-gestützten Datenumwandlung und kann auf eine nachweisliche Erfolgsbilanz erfolgreicher Projekte zurückblicken, darunter Einsparungen von 3 Millionen US-Dollar in 57 Tagen für ein europäisches Telekommunikationsunternehmen und eine Verbesserung der Konversionsrate von Marketingkampagnen um 30% für eine lateinamerikanische Zeitung. Das Unternehmen plant, KI-gestützte Lösungen im Azure Marketplace einzuführen, um seine Präsenz in Nordamerika, EMEA und LATAM auszubauen.
- Established strategic partnership with Microsoft through the AI Cloud Partner Program
- Team of 50+ Microsoft specialists across multiple regions
- Proven track record with over 50 successful enterprise projects
- Demonstrated cost savings of US$3M in 57 days for a major client
- Achieved 30% improvement in marketing campaign conversion for a major client
- Planned expansion into Azure Marketplace for additional revenue streams
- None.
Toronto, Ontario--(Newsfile Corp. - November 26, 2024) - NowVertical Group Inc. (TSXV: NOW) ("NOW" or the "Company"), a leader in AI-driven data solutions, announces the launch of its Microsoft Center of Excellence (COE) designed to meet enterprises' demand for Microsoft Azure-based data solutions. Recent studies show the widespread adoption of Microsoft's technology, capturing a
The Global COE, part of the Microsoft AI Cloud Partner Program, leverages NOW's proven track record in AI-powered data transformation and deep expertise in cloud-based architecture. Comprising over 50 Microsoft specialists across India, the UK, and LATAM, the COE will enhance NowVertical's competitive edge, driving significant growth and positioning the Company to further capture opportunities in the rapidly expanding Generative AI market.
The team's vast experience includes successful completion of over 50 projects with enterprise clients on Microsoft Azure, from saving over US
Through the COE, NowVertical will deliver value across industries by accelerating time-to-insight and enhancing data-driven business outcomes, enabling clients to unlock the full potential of their existing data investments. As part of this collaboration, NowVertical expects to launch its suite of AI-powered solutions and services in the Azure Marketplace, positioning the company to capture new revenue streams and expand its footprint in North America, EMEA, and LATAM.
Sandeep Mendiratta, CEO of NowVertical, said, "Our strategic partnership with Microsoft aligns with NOW's long-term growth objectives, as we plan to roll out additional initiatives within the Azure ecosystem over the next 12-24 months to support our organic growth. The Microsoft AI Cloud Partner Program will also provide our team with key sales leverage, enabling us to meet the rising demand for AI-driven data solutions and capitalize on Microsoft's global reach and resources."
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. NOW is growing organically and through strategic acquisitions. For further details about NOW, 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, without limitation: expectations regarding NOW's business, finances and operations. 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. 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/231347
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