Sacramento, CA -- May 24, 2018 -- InvestorsHub NewsWire -- A new
update has been published on Innovest Global, Inc. (OTC PINK:
IVST). Innovest Global, Inc. is a diversified holding company that
focuses on acquiring niche, high-growth businesses that are capable
of generating significant annual revenue. The company’s planned
subsidiaries operate across telehealth, biotech, commercial energy,
business-to-business distribution, national call center and auto
sales.
Global Lighting as a Service Market Estimated To Reach
$4.74 Billion By 2025: Research and Markets
Going “green” has been a big theme over the past several years.
Aging infrastructure and energy systems continue to be incredibly
inefficient and cost prohibitive. In addition, growing awareness of
global climate change has had an impact on the energy efficiency
market. As social awareness, cost savings, and government
incentives continue to take hold in the energy efficiency markets,
market research firms see a bright future ahead.
According to ResearchAndMarkets, the global lighting as a
service (LaaS) market is forecast to be worth $4.74 billion by
2025. The LaaS market was developed as a new financial structure to
combat the potentially high upfront costs associated with
installation. The LaaS model allows private and public entities to
continue capitalizing on the latest innovations and developments
with the LED lighting industry.
In PwC’s “2017 Power and Utilities Trend” report, analysts
concluded that a vast majority of the growth will come from a
“blueprint for a service-based model.” This includes: emerging
technologies, monitoring equipment, sensors, energy management
technology, etc.
According to Technavio market research, the global
industrial energy efficiency services market is forecast to be
valued around $10.18 billion by 2020, which represents a compound
annual growth rate (CAGR) of 6%.
Innovest Global: Call Center Lands Major Exclusive
Contract With Fortune 500 Company
Innovest Global recently announced that its call center
subsidiary, Crestwood Management, has won a $650,000 exclusive
contract with a Fortune 500 company that is generating
annual revenues over $2 billion. Over the first twelve months of
the exclusive contract, the call center subsidiary is slated to
receive over $1 million in billings for services
rendered.
The latest contract marks “the single largest contract for
Innovest, since launching the Commercial & Industrial Division
six months ago.”
“Given the quality of the companies we were bidding against,
we’re extremely proud of this accomplishment,” said Sally Emch,
President of Innovest Call Center Operations, who led the bid
process for Innovest. “It’s a great validation of our call center
to win a major bid from a Fortune 500 company, and also of the
Innovest business model as a whole. I’m so excited by our sales
growth and that we are officially ‘on the map,’ and winning major
national projects.”
This comes as the company just recently learned that its
endeavors are beginning to attract attention from some major
investors. During the first quarter 2018, a 13F filing shows that
Ohio-based, Winslow Asset Management, initiated a new position
in Innovest Global. According to the data, the asset management
firm purchased 10,000 shares at prices between $0.01 and $0.44,
with the average price estimated to be around $0.13.
Innovest Global was the only new position made by Winslow Asset
Management during the first quarter, which also added to its other
positions such as Amgen and Berkshire Hathaway. Overall, Winslow
Asset Management holds 88 stocks with a total value of $516
million, as of March 31, 2018.
For more information on Innovest Global, Inc., please
visit http://innovestglobal.com and http://spotlightgrowth.com/index.php/2018/05/21/innovest-global-inc-otc-pink-ivst-call-center-wins-650000-exclusive-contract-with-fortune-500-company/
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