Boardwalktech Software Corp. Secures Major Client Renewal Deal
Boardwalktech Software Corp. Achieves Significant Client Renewal
Boardwalktech Software Corp. continues to make waves in the business technology sector with the announcement of a five-year extension with a Fortune 500 food and snack manufacturer. This food company, generating an impressive $36 billion in annual revenue, has recognized the value of Boardwalktech's advanced supply chain solutions.
Financial Impact of the Renewal
The renewal is expected to bring in over $300,000 in license revenue, not accounting for potential professional services or additional usage-based revenues. Such agreements are pivotal for Boardwalktech, showcasing sustained customer confidence and satisfaction in its technology and service offerings.
Previous Collaboration and Continued Growth
This client relationship marks the third expansion of the partnership since its inception, largely aided by one of Boardwalktech's established partners, a leading consulting and financial services firm. Such collaborative efforts not only emphasize Boardwalktech's strong reputation but also highlight its ability to attract additional deals through respected industry connections.
CEO's Insights on the Renewal
Andrew T. Duncan, the CEO of Boardwalktech, noted that "This contract renewal is a testament to the strengths of both Boardwalktech's supply chain solution as well as our account management efforts. Our solutions turn data into powerful tools that drive efficiencies for customers across various industries, including food manufacturing, technology, telecommunications, and cosmetics." This statement underscores the versatility and effectiveness of Boardwalktech's offerings in supporting diverse sectors.
About Boardwalktech Software Corp.
Boardwalktech has carved out a niche as a leader in digital ledger technology, providing a platform that supports Fortune 500 companies. This patented technology allows multiple parties to work on shared data without compromising accuracy or integrity. Its ability to deliver tailored information management applications significantly reduces the time spent compared to other non-digital ledger technology solutions.
Global Operations and Future Aspirations
Headquartered in Cupertino, California, Boardwalktech operates not only in North America but also in India, reinforcing its global reach. As it expands its services, the company aims to continue attracting a diverse clientele while enhancing its platform's capabilities.
Frequently Asked Questions
What is Boardwalktech Software Corp.?
Boardwalktech is a software company focused on providing digital ledger technology and enterprise software solutions.
Who is Boardwalktech's major client mentioned in the article?
The major client is a Fortune 500 food and snack manufacturer with annual revenue of $36 billion.
What financial impact will the renewal have?
The renewal is expected to generate over $300,000 in license revenue over the term of the agreement.
How does Boardwalktech's technology benefit clients?
The technology transforms structured and unstructured data into actionable insights, facilitating efficiency across various industries.
Where is Boardwalktech based?
Boardwalktech is headquartered in Cupertino, California, with operations extending to India and North America.
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