NowVertical Secures USD $1.2m AI-Accelerated Data Modernisation Mandate with a Global Media and Telecoms Group

Executive Summary

• NowVertical Group Inc. signed a major Statement of Work valued at approximately USD $1.2 million with a top 10 Strategic Account client (European division of a leading Global Media and Telecoms Group).
• The contract mandates a comprehensive data modernization program to migrate the client's core reporting estate from legacy on-premises systems to Google Cloud Platform (GCP), with delivery expected substantially within fiscal 2026.
• The agreement brings the cumulative lifetime revenue of this client relationship to an expected $10 million by the end of 2026, marking a key milestone in the company's European enterprise growth strategy.

Key Details

• Contract Value: Approximately USD $1.2 million
• Client Profile: European division of a leading Global Media and Telecoms Group; top 10 Strategic Account for NowVertical
• Project Scope: Comprehensive data modernization programme migrating core reporting estate from legacy on-premises platform to Google Cloud Platform (GCP)
• Delivery Timeline: Substantially within fiscal 2026
• Client Relationship History: Relationship commenced in Q4 2022; cumulative lifetime revenue expected to reach $10 million by end of 2026
• Technical Scope: Migration covers several hundred business-critical reporting views across customer, finance, billing, and supply-chain domains onto a unified, cloud-native GCP foundation supporting downstream analytics, AI, and operational reporting
• AI/Methodology: Awarded following two successful discovery phases utilizing NowVertical's proprietary "Now Unlock AI" delivery framework; proprietary AI agents analyzed legacy code, schemas, and lineage
• Efficiency Metrics: Discovery work delivered an estimated 90% reduction in analysis time compared to conventional manual-migration approaches, compressing thousands of hours of analyst effort
• Financial Performance: Engagement delivered in line with the Company's gross margin expectations (target range of 48–52%)
• Strategic Impact: Marks a significant milestone in NowVertical's enterprise growth strategy and deepening footprint in the European media and entertainment sector

Notable Quotes

• “Enterprise data modernization projects have traditionally involved significant time and cost associated with analysis and planning. NowUnlock is designed to accelerate project timelines and improve economics for enterprise clients. This engagement reflects our view that AI-assisted delivery can change how enterprises approach modernization, and that NowVertical is building the capability to support clients at scale,” — Sandeep Mendiratta, Chief Executive Officer of NowVertical