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Winemaker Accolade signs up for Invigor’s pricing analytics solution - TechInvest Magazine Online

Written by Tech Invest | Nov 10, 2017 12:38:41 PM

Data solutions company Invigor Group Limited (ASX: IVO) has continued its expansion into supporting the alcoholic beverage market by signing leading international winemaker Accolade Wines as a client.

Under the revenue-generating sales agreement, Accolade Wines will deploy the Retail module of Invigor’s unique cloud-based Insights 360 platform to access insights that will allow it to rapidly respond to changes in industry and pricing conditions.

Accolade Wines is one of the largest producers of new world wines in the world. Its portfolio includes Hardys, which is the highest-selling Australian wine in Britain, the UK’s second largest wine brand Echo Falls, as well as the UK’s most popular South African brand Kumala.

Other leading brands owned by Accolade Wines include House of Arras from Tasmania; Mud House from New Zealand; and Petaluma, Grant Burge and St Hallett from South Australia.

Invigor CEO Gary Cohen said the signing of this contract illustrates Invigor’s ability to deliver new revenue-generating contracts in the alcohol and beverage market, with Accolade joining Treasury Wine Estates, Pernod Ricard Australia and Moet Hennessy as a client of the company’s unique cloud-based pricing analytics solution.

“Invigor is giving companies of all sizes, from small businesses through to industry-leading international enterprises, the tools they need to compete in a rapidly changing business landscape that is being disrupted by local and international e-commerce companies such as Amazon,” Mr Cohens said.

“Invigor has a robust sales pipeline and expects to secure additional clients across a range of product categories over the coming months.”