WaveDancer Signs Multi-Year Contract with Commercial Customer
Maverix Blockchain platform to provide visibility, transparency, and security; multi-year booking validates the platform’s utility in managing complex supply chains
WaveDancer, Inc. announced that the Company signed another customer for their Maverix Blockchain platform. The multi-year engagement is expected to exceed $500,000 in new subscription revenue.
The Company’s newest customer has a complex global supply chain and was looking for an enterprise-level system to track and trace their high-value products from end-to-end, while also validating, sharing, and storing all the associated data in a safe and secure manner. WaveDancer’s Maverix platform was chosen due to the robust and unmatched capabilities it provides.
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“We are thrilled to be able to assist another customer with their supply chain management needs. Since the completion of our commercial platform this fall, our Sales & Marketing efforts have been steadily gaining momentum,” said Randy Boone, WaveDancer’s Chief Revenue Officer.
“This customer came to us needing a unique capability that matched the complexity of its operating environment. They chose Maverix because our easy-to-use software combines enterprise-level traceability and visibility with the security, immutability and transparency of blockchain – something you just can’t get out of your traditional supply chain ERPs,” Mr. Boone added. “Increasing the amount of quality data throughout the supply chain and then being able to confidently share it is critical to solving some of the supply chain challenges we see today.”
Given the nature of the customer’s business, WaveDancer is not at liberty to name them at this time.
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