Technology group Arria NLG (LON:NLG) has ventured into the utilities sector with its latest deal with a major firm in the eastern region of the United States.
Arria deploys what's called natural language generation software, which turns Big Data into plain English, and already boasts clients in banking and finance and this contract with an unnamed utility is to create a problem-detection dashboard in one of its regional operation units.
The framework deals also has terms for future configuration, deployment and licensing of further applications using the firm's NLG technologies, it said.
Last month Arria struck a deal of undisclosed value with business support services group Genpact (NYSE:G).
It will supply its technology to Genpact to provide real-time advanced data analysis and commentary while automating credit reporting and financial planning and analysis for Genpact's customers.
Today, Arria chairman and chief executive Stuart Rogers told investors: "We are delighted that the company has entered into this services and licensing agreement, which expands our NLG offering into the utilities sector.
"The application is the result of the exceptional technical expertise of our client's engineers, in combination with Arria's unique capabilities in computational linguistics and developing NLG applications.
"As this powerful decision-support application is deployed and gains broadening use at our client's sites, we anticipate increased opportunity in this industry, serving both this new client and other utilities in the United States and worldwide."