Accelerating Enterprise Growth: NowVertical Group Secures Major Contract with Global Media and Telecoms Group in Europe
NowVertical Group Inc., a data and AI solutions provider, has secured a significant contract with a major Global Media and Telecoms Group in Europe. The contract involves migrating the client's core reporting system to Google Cloud Platform, with a value of approximately USD $1.2 million. This deal is part of NowVertical's enterprise growth strategy and marks a milestone in its expansion in the European media and entertainment sector. The engagement is expected to generate $10 million in revenue by the end of 2026, building on the relationship that started in Q4 2022.
The project includes migrating critical reporting views across various domains onto a unified GCP foundation to support analytics and operational reporting. NowVertical's Now Unlock AI delivery framework played a key role in winning the mandate, showcasing its ability to accelerate project timelines and reduce analysis time significantly. The use of AI agents to analyze legacy code and schemas resulted in a 90% reduction in analysis time compared to manual migration approaches, positioning the client for a faster transition to Google Cloud.
NowVertical's CEO, Sandeep Mendiratta, highlighted the importance of AI-assisted delivery in modernization projects, emphasizing the company's commitment to supporting clients at scale. The company's focus on leveraging AI to drive data modernization and accelerate project timelines reflects its dedication to delivering value to enterprise clients efficiently and effectively.
NowVertical is a global data and analytics company that helps clients unlock the full potential of their data through AI-driven solutions. With a scalable delivery model and a suite of services, the company enables enterprises to make informed decisions, improve operational efficiency, and derive long-term value from their data. By leveraging AI technologies, NowVertical aims to drive measurable outcomes and accelerate return on investment for its clients across industries and geographies.