StockMarketWire.com - Parity said it had signed a heads of terms with Integumen to enter a multi-year framework agreement, to be completed on or before 18 December.

The pact would give Parity access to Integumen's artificial intelligence software, accelerating its transformation from recruitment business to a data consultancy service provider, Parity said.

The deal would create recurring shared revenue streams for both companies in 2020.

'Parity is pleased to be partnering with Integumen and rolling out the Drive4Growth AI platform to our client base,' chief executive Matthew Bayfield said.

'We have been working with many of the same clients for 45 years, so we understand their needs.'

'With healthcare sector data in 2020 expected to double every 73 days, our clients need to securely manage and extract greater value using analytics and AI in order to make important decisions.'


At 9:45am: [LON:PTY] Parity Group PLC share price was +0.38p at 7.38p



Story provided by StockMarketWire.com