Fusionex International : Contract win with multinational healthcare system provider

7 April 2017

Contract win with multinational healthcare system provider

Fusionex, a leading provider of Analytics and Big Data software, is pleased to announce that it has won a new contract with a major multinational Asian healthcare company for GIANT 2017, its award-winning Big Data platform. The initial contract with the medical supplier is in the region of USD300,000, with the value expected to increase alongside the adoption rate within the client's various departments and at different offices across Asia.

GIANT 2017 will enable the client to gain intelligent e-commerce insights to boost revenues and improve overall system management by the medical professionals across the business through a wide spectrum of data analytics. GIANT 2017 enables administrators to monitor user preferences and needs, as well as identify the preferences of medical professionals whether in terms of equipment, events or reading materials.

The integrated regional medical supplier of equipment, supplies, and services supports a network of thousands of healthcare institutions, including government and private hospitals, surgery centers, specialist and primary care clinics, laboratories, and nursing homes across Asia.

Ivan Teh, Chief Executive Officer of Fusionex, commented:

'This GIANT win further demonstrates the capability and applicability of Big Data Analytics to the healthcare industry, a core focus for Fusionex. We are delighted to enter into the relationship and we know that the insights and benefits that GIANT will bring to medical professionals will ultimately help thousands of patients. The adoption of Big Data in healthcare is crucial and we believe that Fusionex will continue to generate significant revenues from the sector.'

For further details:

• Fusionex

  Ivan Teh, Chief Executive Officer
  Yuen Choong Lai, Chief Financial Officer
  Darren Hopkins, Director of Investor Relations & Corporate Development

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• Stifel

  Fred Walsh, Neil Shah, Ben Maddison, Rajpal Padam

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• Peel Hunt

  Richard Kauffer, Euan Brown

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• Buchanan

  Giles Sanderson, Steph Watson, Patrick Hanrahan