21st Mar 2016 11:21
LONDON (Alliance News) - Natural language generation technology firm Arria NLG PLC on Monday said it has signed a partnership with oil and gas software company INOVX Solutions Inc.
Under the deal, Arria's NLG platform will be used on INOVX's 3D asset-modelling software. If successfully deployed, Arria could start getting licence revenue from INOVX by 2017.
No financial details were disclosed.
"This is a great application of Arria's core technology. With INOVX the NLG platform truly becomes the voice of the engineering expert monitoring an oil and gas refinery or similar asset," said Stuart Rogers, Arria NLG's chairman and chief executive.
Arria share were up 6.5% to 24.50 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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