Invigor Group Ltd (ASX: IVO)
There is no doubt big data is big business, so in the modern digital age, a company that can offer businesses real analytic insights to improve their bottom line, is usually a company worth signing up with.
So it is no surprise that major retailers and media bodies are signing up to Invigor Group (ASX:IVO)’s data analytics solutions: the most recent being a major national retailer on a $500,000, three year deal that could place IVO as a major league provider for data solutions to the country’s leading retailers.
The contract is a major win for IVO who already has leading brands and retailers including the giant Treasury Wine Estates on its books and is in negotiations for a further $4 million worth of contracts.
IVO has made steady progress this year signing a three year deal with a major retailer, entering a joint venture with a leading Australian publisher, launching a new market intelligence solution for SMEs and signing lucrative deals in Europe which puts it on target to generate $8 million in revenue for 2016 alone.
The information in this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
Companies spend approximately $40 billion each year to gather market insights into competitors and consumers’ habits.
A company with a solution that can make an impact in this market, especially one that may be undervalued at $11 million, is one to keep an eye out for.