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Highlights
- InFocus Group secures its largest contract for $3.8 million.
- The project involves building a new social gaming platform, VigoBet Tech.
- Revenue generation and expansion into new markets outlined.
InFocus Group, a prominent player in data intelligence and software solutions, has announced its largest contract to date, a $3.8 million agreement with Seychelles-based GBO Assets. The deal involves the development of a sophisticated digital and social gaming platform, VigoBet Tech, over 24 months. This landmark project underlines the company’s growth trajectory and its commitment to diversifying services across industries.
Comprehensive Project Phases
The VigoBet Tech platform will be executed in three phases to ensure efficiency and precision.
- Phase One: A three-month planning period involving stakeholder workshops, user interface design, and wireframing. This foundational stage will ensure a well-structured framework for the subsequent phases.
- Phase Two: Development of the platform, with a focus on building fintech and data analytics infrastructure. Features such as artificial intelligence-driven fraud detection and Web3 integration will add cutting-edge capabilities.
- Phase Three: Deployment of the platform with seamless integration into GBO’s operational ecosystem.
Revenue from these phases is estimated to be $1.15 million for Phases One and Three and $1.5 million for Phase Two, highlighting the strategic financial returns for InFocus Group.
Maintenance and Future Revenue Opportunities
Upon completion, InFocus Group has proposed a maintenance contract to ensure continued support and software updates for VigoBet Tech. This could generate approximately $600,000 annually, contingent on the platform's market adoption and server demands.
Expanding Horizons into New Markets
This project exemplifies InFocus Group's strategic move into the digital gaming industry, leveraging its expertise in data analytics and software engineering. By integrating its business units, including Trienpont, InFocus Analytics, and Prodigy9, the company aims to deliver exceptional results and strengthen its market position.
InFocus Group’s leadership emphasized that this contract aligns with its broader vision to explore new markets beyond retail analytics. The incorporation of big data and analytics as core components of digital gaming technologies underscores the company’s adaptability and innovative approach to evolving industries.
This milestone highlights the growing demand for advanced technology solutions in the digital gaming sector, positioning InFocus Group for sustained growth in an expanding market.
