3rd Mar 2015 08:54
LONDON (Alliance News) - Arria NLG PLC said Tuesday it has signed a deal with BG Group PLC to research and evaluate the use of its natural language generation software engine and technologies for the real time narration of key asset performance, risk factors and predictive maintenance.
"Arria NLG and BG Group have been in discussions for months regarding the potential use of Arria's NLG technology in a number of BG Group's global operations. The Oil & Gas industry is an early adopter of Arria's NLG technologies, it remains a key industry focus for us, and we look forward to a deepening relationship with BG Group," said Arria NLG Chairman and Chief Executive Stuart Rogers in a statement.
No financial details of the agreement were disclosed.
Shares in Arria are trading up 6.3% at 38.25 pence. Shares in BG Group are trading down 0.2% at 946.50 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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