Insig AI contract win and revenue share agreement
Insig AI plc has secured a new contract with an existing client, involving an enterprise licence valued at £60,000 for its Generative Intelligence Engine, which converts client documents into structured data for analysis and insights. This agreement also grants Insig AI direct sales access to the client's customer base, presenting a significant opportunity for multiple additional sales and demonstrating the growing commercial relevance of the company's platform.
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Insig AI plc (AIM: INSG), a leading provider of AI-led analytics and machine-learning solutions, is pleased to announce that it has secured a new contract with an existing client. The client has signed an enterprise licence and revenue share agreement.
The client will use Insig AI's Generative Intelligence Engine. The Generative Intelligence Engine converts client documents into structured, machine-readable data and runs targeted analyses to deliver auditable insights and tailored recommendations. The automation increases speed, reduces manual effort and enhances the consistency of customisable outputs.
The contract value of the enterprise licence is £60,000. The client has also agreed to provide Insig AI with access to its client base so that Insig AI can make direct sales to these clients.
Richard Bernstein, Chief Executive Officer of Insig AI, commented:
"We are pleased that an existing client has now not only chosen to adopt our Generative Intelligence Engine but will now give access to its client base, providing the potential to make multiple additional sales through this direct channel. This agreement demonstrates the growing commercial relevance of our platform and its ability to support clients."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.