Actual Experience plc (LON:ACT), the analytics-as-a-service company, has announced it has received an initial Purchase Order from one of its Channel Partners, for the Company’s new Human Experience Management Business Impact Assessment (‘BIA’) and Continuous Improvement offering, evidencing the Channel Partner’s endorsement of HXM to its global blue-chip customer base.
The Purchase Order follows a constructive period of commercial engagement with the Channel Partner and is a pre-order intended to fund initial BIA deployments in the sales funnel.
A BIA is a one month project that establishes the business and economic rationale for ongoing CI. It helps business leaders understand the impact their digital workplace has on their employees and their overall business in terms of wellbeing, inequality, carbon footprint and operational efficiency, amongst other things. Critically, with the enduring COVID related changes to working practices – so-called hybrid working – the Company’s HXM offering provides actionable information for businesses to improve their digital business, look after employees, improve operational efficiency and help drive their ESG agenda.
Dave Page, CEO of Actual Experience, commented: “This purchase order evidences further endorsement from our Channel Partner in deploying our technology to its global blue chip customer base. Depending on the initial scale of the deployments, this pre-order is expected to fund the first BIAs undertaken with this partner. As our partner’s sales funnel develops, we expect further enterprise customer opportunities to approach the order stage for the initial Business Impact Assessment. We look forward to updating investors with news of customers moving to Continuous Improvement and potentially of more substantial pre-orders in the future.”