TIDMBOS
RNS Number : 6025O
BOS GLOBAL Holdings Limited
22 August 2017
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
22 August 2017
Initial BOS Time contracts and Gartner
BOS GLOBAL Holdings Limited ("BOS GLOBAL" or "the Company")
(AIM: BOS), the software developer focused on improving
productivity and creating operational efficiencies in the workplace
by collecting and reporting workforce analytics, confirms that the
following commercial-in-confidence purchase orders in August 2017
have been received for its recently launched BOS Time enterprise
product.
1. 200 licences for a Santa Clara, California software services company
2. 50 licences for an India based software development company
The Company is finalising a configuration of a BOS Time solution
tailored for Workforce Engagement Management (a Gartner Magic
Quadrant, see www.gartner.com/doc/3576217). It will be deployed for
initial trials at Call Design's operations centre in Manila,
Philippines. Call Design are a platinum reseller of BOS products
and have a large enterprise client base providing a significant
channel for sales of BOS Time. In addition, a successful outcome
from the Call Design trial opens revenue opportunities via sales of
BOS Time to the global Call Centre market.
The Company continues to build out its sales pipeline for
enterprise with a growing number of commercial proof of concepts
proposals under negotiation whilst presenting BOS Time to global
enterprises in UK, Europe, Australia and North America led by Bill
Brooks.
These recent events coincide with the Company announcement
confirming its Patent relating to BOS Time being granted by IP
Australia on 18(th) August 2017 (refer RNS - Patents Granted dated
18 August 2017).
In parallel the Company has entered into a two-year agreement
with Gartner (www.gartner.com), the world's leading research and
advisory company for the purposes of paid analysis and research for
its BOS Productivity Suite (comprising BOS Time, BOS Meet for
Enterprise, and BOS PACT products). Included in this agreement is
Gartner's assessment of the BOS Productivity Suite in terms of its
applicability to the many Magic Quadrants covered by Gartner,
subscribed to by business and government clients world-wide. As a
guest of Gartner, Michael Travia will attend the Gartner Symposium
to be held on the Gold Coast Australia from 30 October 2017 to 2
November 2017
(www.gartner.com/events/apac/gold-coast-symposium).
BOS GLOBAL Managing Director said, "as stated last week, BOS
GLOBAL is at a tipping point with the growing recognition of BOS
Workforce Analytics as a smart strategic initiative with the
potential to disrupt traditional thinking of how to improve
workforce productivity, boost bottom line performance ahead of
automation, organization design or related workplace challenges
faced by business and governments worldwide. My 'game-changer'
reference is affirmed with quick BOS Time sales, BOS Time and
BOS360 Work Patterns related patents and now working with Gartner
to press our case that workforce analytics with the BOS
Productivity Suite has the potential to be the world's smartest and
quickest way to get real insight into people productivity".
**ENDS**
For further information please visit www.bosglobal.com or
contact:
Michael Travia BOS GLOBAL Tel: +61 (0) 8 9322
Managing Director Holdings Limited 4071
E: shareholder@bosglobal.com
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Andrew Thomson RFC Ambrian Tel: +61 (0) 8 9480
NOMAD Limited 2500
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Charles Goodfellow Peterhouse Tel: +44 (0) 20 7220
/ Lucy Williams Corporate Finance 9791
Broker Limited
=================== =================== ==============================
Elisabeth St Brides Partners Tel: +44 (0) 20 7236
Cowell / Ltd 1177
Charlotte
Page
Financial
PR
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About BOS GLOBAL
BOS GLOBAL is a Software Company dedicated to making workforces
more productive.
It does this through its patented platform built to capture and
analyse activities as a smart way to help individuals to achieve
greater levels of efficiency.
The platform known as BOS360 Work Patterns Platform as a Service
('BOS360 PaaS'), launched in May 2017, is unique in its ability to
digitally render real time views of productivity in the form of
Work Patterns at an individual, team or organisation level.
The platform comprises of three main business competencies;
1. Workplace Automation - How digital information (records and
documents) is managed in the workplace.
2. Workforce Productivity - How people are spending their time at work
3. Workplace Integrity - How workplace information is secured and validated.
Each of these competencies are supported by a range of
enterprise grade software products designed to perform a specific
set of workforce functions. These products also act as both
collectors and feeders of information to the BOS360 PaaS for use in
the generation of Work Pattern reports and Workforce Analytics.
Since May 2017, BOS GLOBAL has six revenue generating products -
BOS Meet, BOS Time, BOS360 PaaS and BOS Automate Suite since its
first product launch (BOS Meet) in December 2016. For more
information of how BOS GLOBAL products can help your workforce
increase efficiency and productivity visit www.bos-360.com
BOS GLOBAL aims to generate re-occurring income through
subscriptions of its BOS360 PaaS and supporting products, as well
as through licensing of its patented Work Pattern technology. The
Company's sales strategy is focused on building a global
distribution partner network via Enterprise Software Vendors,
Professional Services organisations and Consulting Practices.
The Company has a 40% equity interest in Call Design Pty Ltd, a
profitable, Australian based, global provider of workforce
management, focused particularly on call centre services, which has
an established blue chip client base. This highly synergistic
investment is expected to provide multiple cross-selling
opportunities to both companies in line with BOS GLOBAL's strategy
to deliver a comprehensive business optimisation offering globally.
This investment includes the 1st Rights of Offer and Refusal for
BOS GLOBAL to acquire the balance of Call Design on the same
financial terms as the initial 40% investment
Call Design sets a new standard for Workforce Management, while
BOS GLOBAL's software sets a new standard for Workforce Efficiency.
Both products will be offered through BOS360 PaaS, setting a new
standard for Workforce Analytics to give companies greater control
in making informed, fact-based decisions on their operational
activities; Workforce Analytics is a combination of software and
methodology that applies statistical models to worker-related data,
allowing enterprise leaders to optimise human and machine
resources.
BOS GLOBAL Holdings Limited is an AIM listed company
incorporated in Australia, operating from offices in Melbourne,
Sydney and Brisbane. The Company also has a regional office in Hong
Kong, responsible for the Asia-Pacific region and processing of
large scale enterprise product sales with a greater than US$20
million revenue stream over an initial three-year contract term.
Such deals include acquisitions and investments like the size of
Call Design.
The Company is working towards its expanded London Office with
its planned move of both Corporate and Board function to London in
late 2017. Further, plans are well underway to increase its
representation in Europe, the Middle East and Africa (EMEA) and
North America with that of Call Design, and with offices on track
to be established in 2017 in London and San Francisco
respectively.
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTFMGZRKZDGNZG
(END) Dow Jones Newswires
August 22, 2017 02:00 ET (06:00 GMT)
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