Actual Experience PLC (AIM:ACT) shares strengthened in Tuesday’s early deals after the analytics-as-a-service firm announced its second order for its Digital Workplace Management Platform (DWMP).
The order, coming nine months after the DWMP launch, sees the platform being adopted by "a major global healthcare enterprise" contracted via a "large US channel partner" of the company.
It comes under the DWMP Light option whereby the client can opt for a shorter-term engagement, as a baseline, ahead of a major transformation programme, the company highlighted.
Chief executive Iain McCready in a statement described “an incredibly exciting time” as it is seeing momentum in its sales pipeline becoming revenue.
Scarlet Jeffers, Actual Experience's chief product officer, added: "This second enterprise sale within such a short period of time since we launched the new DWMP in October 2022 is extremely encouraging in terms of our product-market fit.
“To drive early sales, we've adapted to the most pressing needs of our prospective customers by creating this DWMP Light version … Our expectation is that customers signing up for this version will in time evolve to the complete DWMP offering."
The company, meanwhile, said it continues its focus on large enterprise sales both through direct and partner engagements.
Actual Experience shares rose 11.5% in London to change hands at 0.59p, valuing the nano-cap software firm at just under £1.3mln.