Data monitoring firm wins 'major brand' US contract

A data monitoring firm helping pub landlords cut waste is cheering a US deal.

Vianet has secured a multi-year agreement with a restaurant company.

Bosses say its Beverage Metrics tech-based beer monitoring, stock and sales management system will be deployed “nationally across multiple locations” within one of the unnamed customer’s “major brands”.

They add the deal will be overseen by the Stockton-headquartered company’s Vianet Americas subsidiary.

The agreement was unveiled as the company, whose software is also used by vending machine operators to manage payments, hailed its “resilience” in a challenging market as earnings before interest, tax, depreciation and amortisation increased 10.5 per cent in the half-year to £1.88 million.

However, officials added full-year profit is expected to “align with the previous year’s performance” due to factors including a slower rate of deployment and ongoing Beverage Metrics investments.

James Dickson, Vianet chair and chief executive, and president of its Vianet Americas arm, said: “I’m pleased with the progress our business is making, despite the challenging economic environment.

“Deploying Beverage Metrics to a leading restaurant operator validates the relevance of our technology for large, multi-site operators in delivering measurable operational and financial benefits at scale.”

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