Data services company, SkyFii (ASX: SKF), has entered into a Full Services Agreement for the provision of its wireless network and analytics services with Wests Ashfield Leagues Club in NSW. The agreement follows the successful four-week trial period and is the first full service contract in the large club sector for SkyFii.
Under the terms of the agreement, SkyFii will provide and manage a free and reliable public wireless network service across the Wests Ashfield Leagues Club venue. In conjunction with guest Wi-Fi, SkyFii will provide the Wests Ashfield Leagues Club with access to its data analytics services platform which captures, stores and analyses customer behavioural data through technologies such as Wi-Fi.
The initial contract term is for a period of 12 months, with the option to renew for subsequent periods of 12 months on or before the conclusion of the initial 12 month period.
SkyFii CEO, Wayne Arthur, said the agreement will generate subscription revenues for SkyFii, adding to its growing list of active full service clients. He also said the agreement provides further commercial validation of its technology and service offering and continues its track record of converting trials into long-term contracts.
"We are extremely pleased to have signed a Commercial Services Agreement with Wests Ashfield Leagues Club. Securing a contract with a reputable club, not only provides strong validation of our technology and service offering, it opens up a significant opportunity for us to build our presence in this large market sector-spanning leagues, RSL and other clubs in Australia.
"Importantly, through the successful completion of our strategic trial periods with clients, we continue to build trust and credibility in the market and generates solid pipeline of long-term clients," he said.
Arthur also claimed this successful completion of the trial and progression to full service contract opens up further opportunity for the company to establish a significant footprint for its Wi-Fi and analytics services across leagues, RSL and other clubs Australia-wide.
"The clubs sector represents a significant new, potential market for SkyFii. Clubs NSW, the peak representational body for the New South Wales club industry, has a membership base of 5.7 million across 1,400 clubs in NSW alone.
"The Wests Ashfield Leagues Club Agreement has the potential to pave the way for SkyFii to significantly broaden and expand the reach and adoption of its services in this sector," Arthur added.
Source: ARN Australia
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