financetom
Business
financetom
/
Business
/
NowVertical Group Expands Data Cloud Migration Project With Client
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NowVertical Group Expands Data Cloud Migration Project With Client
Mar 23, 2026 9:05 AM

11:47 AM EDT, 03/23/2026 (MT Newswires) -- NowVertical Group ( NOWVF ) on Monday said it expanded an existing cloud data migration engagement with a large enterprise client.

This follows NowVertical's ( NOWVF ) use of its AI-powered migration tool to automate parts of the client's data migration process, cutting the delivery effort from an estimated 2,700 hours to 250 hours (based on internal project benchmarks), NowVertical ( NOWVF ) said. The accelerated timeline supported the client's decision to expand the scope of the project.

The client signed an additional $250,000 expansion in the first quarter, building on more than $2.5 million of work delivered over the last 12 months and over $7.5. million delivered over the last four years with the client, a statement added.

NowVertical ( NOWVF ) shares were last seen up $0.005 to $0.265 on the TSX Venture Exchange.

Price: 0.27, Change: +0.01, Percent Change: +3.85

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Atlassian Insider Sold Shares Worth $2,150,972, According to a Recent SEC Filing
Atlassian Insider Sold Shares Worth $2,150,972, According to a Recent SEC Filing
Jan 30, 2025
05:17 PM EST, 01/30/2025 (MT Newswires) -- Michael Cannon-Brookes, 10% Owner, Director, CEO, Co-Founder, on January 29, 2025, sold 7,948 Class A common shares in Atlassian ( TEAM ) for $2,150,972. Following the Form 4 filing with the SEC, Cannon-Brookes has control over a total of 333,816 Class A common shares of the company, with 333,816 controlled indirectly. SEC Filing:...
Okta Insider Sold Shares Worth $13,949,814, According to a Recent SEC Filing
Okta Insider Sold Shares Worth $13,949,814, According to a Recent SEC Filing
Jan 30, 2025
05:18 PM EST, 01/30/2025 (MT Newswires) -- Jacques Frederic Kerrest, Director, on January 28, 2025, sold 149,998 Class A common shares in Okta ( OKTA ) for $13,949,814. SEC Filing: https://www.sec.gov/Archives/edgar/data/1660134/000166013425000008/xslF345X05/wk-form4_1738275065.xml ...
Dynacor Group Seeking $20 Million in a Best-Efforts Share Offering
Dynacor Group Seeking $20 Million in a Best-Efforts Share Offering
Jan 30, 2025
05:20 PM EST, 01/30/2025 (MT Newswires) -- Dynacor Group ( DNGDF ) on Thursday it will raise up to $20 million in a best-efforts public share offering. The company, which operates a merchant gold mill in Peru, said it will sell up to 3.64-million shares priced at $5.50 each in the offer. It also granted Canaccord Genuity, it sole agent,...
Allstate to Sell Group Health Business for $1.25 Billion
Allstate to Sell Group Health Business for $1.25 Billion
Jan 30, 2025
05:21 PM EST, 01/30/2025 (MT Newswires) -- Allstate ( ALL ) said late Thursday it agreed to sell its group health business to Nationwide for $1.25 billion in cash. Allstate ( ALL ) expects the sale to generate a financial book gain of roughly $450 million, with closing expected later this year, Allstate ( ALL ) Chief Financial Officer Jess...
Copyright 2023-2026 - www.financetom.com All Rights Reserved