Actual Experience receives open purchase order

Analytics-as-a-service company Actual Experience announced on Tuesday that it has received an open purchase order from one of its channel partners.

The AIM-traded firm said the initial open purchase order would enable the unnamed partner to undertake early deployments with an increasing number of its customers, without the need to raise individual purchase orders with Actual Experience for each new customer and deployment stage.

It said the open purchase order had no set time limit, and therefore did not represent a revenue commitment within a specific timeframe.

“It is early days, but this open purchase order demonstrates commercial confidence by our partner in a developing pipeline as they continue to build on early small scale initial deployments of our analytics,” said Actual Experience CEO Dave Page.

“Our relationship with this partner has gone from strength to strength in recent months and this open purchase order will enable our joint operations to scale more readily.”