Key Takeaways
- Gaming Innovation Group (GiG) has launched a new Enterprise Solution to provide technological and operational autonomy to clients who have technical development capabilities and wish to modify, enhance or build upon GiG’s existing application.
- The GiG Enterprise Solution offers a powerful and bespoke solution that serves an increasing demand within the industry for higher levels of technological and roadmap flexibility while adding further revenue streams to the business.
- GiG has signed the first license agreement for the Enterprise Solution to a successful industry group, with the average estimated yearly contract value being materially above current averages for GiG’s SaaS contracts.
- The GiG Enterprise Solution is an exclusive offering available to clients who are able to manage their technology stack, with both GiG and its Enterprise partners benefiting from continued product innovation.
Gaming Innovation Group (GiG), a leading iGaming technology company, has launched a new Enterprise Solution to complement its popular Software as a Service (SaaS) licensing model. The new solution provides technological and operational autonomy to clients who have technical development capabilities and wish to modify, enhance or build upon GiG’s existing application.
As the demand for B2B solutions continues to grow and evolve across the global online gambling industry, the GiG Enterprise Solution gives clients the flexibility and ability to manage autonomously all aspects of the locally deployed platform. They can modify the software or supplement it, enhance the product development and integration roadmap while still benefiting from GiG’s leading proprietary technology. This also enables GiG with a new commercial model to augment its current offering.
The GiG Enterprise Solution will be an exclusive offering available to clients who are able to manage their own technology stack. Both GiG and its Enterprise partners will benefit from continued product innovation, and GiG considers this offering as a powerful and bespoke solution that will serve an increasing demand within the industry for higher levels of technological and roadmap flexibility while also adding further revenue streams to the business.
GiG has signed the first license agreement for the Enterprise Solution to a successful industry group. The agreement is structured with a significant set-up fee charged for the license and subsequent fees over the term. The average estimated yearly contract value is materially above current averages for GiG’s SaaS contracts.
According to Richard Brown, CEO of GiG, “We have long held the view that for some operators, who have the technical ability and experience, a model that would open up our platform and technology to them would create further collaborative improvement of the product and ultimately enhance the customer experience. We have seen increasing demand for operators to gain that flexibility, and with a recent development of our next-generation platform, which has been developed with this structure in mind, we are able to offer this service in a controlled, supported, and sustainable manner. Ultimately our new GiG Enterprise product provides a solution that many operators crave for and we do not think is being offered fully by the industry as of today.”
GiG’s new Enterprise Solution is a game-changer for the industry, providing greater autonomy and flexibility for B2B clients, while offering GiG a new revenue stream. This innovation comes at a time when the global online gambling industry is experiencing significant growth and change, and GiG is well-positioned to capitalize on these trends.
