Bigtincan Holdings Announced Signing of $2.7 Mn Contract With Eaton Corporation

Bigtincan Holdings Limited (ASX: BTH) has won a contract of $2.7 mn valued over the period of 3 years with Eaton Corporation. Both the Bigtincan learning and Bigtincan Hub would empower its new client’s customer relationship management team in Europe, the USA in the first stage and then Africa, Asia, and the Middle East.

Eaton Corporation is an NYSE listed power management firm with a presence in over 175 countries and has businesses across various sectors such as automotive, aerospace, electrical, hydraulic and mechanical power equipment which are more efficient, sustainable, reliable and safe. It has more 98,000 employees, and its 2017 revenue stood at $20.4 bn

Bigtincan hub software will be used by Eaton’s internal team and their network partners to provide their customer-facing staff with the right knowledge, materials, contents, and skills to make them highly effective and successful. This has set a good example of a single pane of glass provision for all set of capabilities which can be used across the lifecycle of a client facing worker. 

The calendar year 2018 proved to be exciting for Bigtincan as it won $7.2 mn of contract expansion with US-based customer T-mobile making its total contract value to $11.5 mn (as announced on 8 January 2019). The deal empowered 5,500 retail stores with 23,000 mobile devices by the deployment of Bigtincan Hub application. It included utilising Bigtincan’s SDK and API’S for its core business platform.

Other key portfolios of its contracts were from clients such as Anheuser-Busch, Acushnet (Titleist), American Express, CA technologies (Broadcom), Cushman Wakefield, EMC Corporation, Eaton Corporation, Guardian Life, Microsoft, McKesson, Prudential Insurance and Pacific Line. There were 100 plus releases across five platforms and a public SDK release of Bigtincan Hub. It acquired FatStax and Zunos, which were the leader in the sales content enablement and brought deep new learning capabilities for Bigtincan. It also got recognition from top research organisations such as Sirius Decisions, Aragon, and Gartner. It received multiple awards like Stevie, CODiE, and Martech. It grew new channel relationships globally including Connection, Cancom (Europe) and Verizon (USA). It deepened its partnerships with Salesforce.com and Apple. It received USA patent for its software and launched its integration to Cornerstone, Microsoft Outlook, and over 30 external repositories.

Bigtincan Holdings Limited is an automation service provider to its customers to enable them to shore up their sales at high growth rate. Its platform provides greater productivity, faster learning, and smarter selling experience. Its services include sales content management, adaptive onboarding & learning, collaboration and coaching, customer engagement, sales, and marketing alignment and dynamic reporting. It has resolved challenges across various sectors such as financial, life sciences, telecommunications, manufacturing, retail, government, energy, and technology. It engages employees by motivating them through gamification training which is a microlearning platform to encourage competition among them and provide them feedback for introspection.

Bigtincan Holdings Ltd. last traded at A$0.315 , up by 1.613% as on February 6, 2019 with the market capitalisation of A$68.76 mn. Its 52 weeks high has been noted at A$0.462 and 52 weeks low is noted at A$0.245.


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