Linius Technologies Ltd (ASX: LNU) has signed a commercial agreement to provide its Linius Video Virtualization Service (LVS) to enable Grafa to deliver hyper-personalised video experiences to its subscribers.
Upon its launch in July 2020, Grafa will provide news, charting and market intelligence to its subscribers– to be available initially on mobile with a desktop version to be released shortly after.
Linius is delighted to announce a new partnership with @Grafacharts to deliver personalized money and finance news enriched by AI. For more information visit https://t.co/j85ki3gZlJ pic.twitter.com/FjKUx0Bqpf— Linius Technologies (@linius_tech) May 6, 2020
Linius technology will enable Grafa subscribers to personalise finance and business video content based on their interests.
Users will input their preferences encompassing economic data, stock markets, forex and cryptocurrencies to effectively build their own bespoke business news channel, tailored specifically to them.
Recurring revenue stream
Grafa will pay Linius standard pricing based on utilisation, plus a minimum fee of US$5,000 per calendar month, with total revenue dependent on take up of the service.
The initial contract is for 8 months, inclusive of up to 2-month’s development time, and will target Australian Investors, with future roll out plans to expand globally in 2021.
Repeat sales strategy
Linius CEO Chris Richardson said: “Our strategy is about repeat sales and to date we have validated our tech with deployments in sports, news and corporate communications.
“Repeatability is about direct selling more of the same, rolling out solutions through partners and encouraging third parties to build their own businesses utilizing our tech.
“Pleasingly so, this deal ticks all three boxes as Grafa builds their own platform and directly integrates it with our technology, so we are absolutely thrilled to be working alongside such an innovative and disruptive company.”
Enriched with artificial intelligence
Linius will deliver local and international business, money and finance content, enriched with artificial intelligence (AI) to be personalised for Grafa subscribers.
Grafa will deliver personalised, tailored videos each time a user logs in – ensuring subscribers are up to date with market movements so that informed decisions can be made quickly.