NowVertical to showcase AI solutions at Qlik event in Brazil

Published 24/07/2025, 17:10
NowVertical to showcase AI solutions at Qlik event in Brazil

SÃO PAULO - NowVertical Group Inc. (TSXV:NOW) will participate in the Qlik AI Reality Tour event in São Paulo, Brazil on July 29, 2025, the data and AI solutions provider announced Thursday. The company, which maintains impressive gross profit margins of nearly 79% and has achieved 21% revenue growth over the last twelve months according to InvestingPro data, continues to strengthen its market position.

The company’s attendance follows its recent recognition as Qlik’s 2024 Latin America Channel Growth Partner of the Year. During the event, NowVertical will present a case study on Natural One, a natural juice company that restructured its data architecture and modernized various business processes through the partnership.

"As enterprises around the world look to operationalize AI at scale, the opportunity lies in pairing vision with execution," said Sandeep Mendiratta, CEO of NowVertical, in the press release statement.

The Qlik AI Reality Tour brings together partners, clients, and thought leaders to explore enterprise AI adoption. For NowVertical, the event provides an opportunity to engage with enterprise customers and exchange insights with ecosystem peers.

The company positions itself as a transformation partner delivering AI-powered data solutions across enterprise environments, with expertise in integrating cloud, analytics, and business intelligence platforms.

NowVertical offers services aimed at helping clients transform data into business value, enabling enterprises to optimize decision-making and improve operational efficiency through AI-infused technologies.

The company states it is growing both organically and through strategic acquisitions, according to the press release.

In other recent news, ServiceNow has reported strong second-quarter results, surpassing expectations in both earnings and revenue metrics. This impressive performance led several analyst firms to adjust their ratings and price targets for the company. Piper Sandler raised its price target to $1,150, citing robust demand related to artificial intelligence and solid execution across the board. Similarly, Cantor Fitzgerald reiterated its Overweight rating with a price target of $1,200, highlighting the company’s impressive performance in a volatile market. Stifel also increased its price target to $1,200, noting ServiceNow’s 21.5% growth in constant currency current remaining performance obligations, which exceeded guidance. Mizuho followed suit, raising its price target to $1,200 while maintaining an Outperform rating, as the company’s growth surpassed both internal and market expectations. Meanwhile, KeyBanc maintained its Sector Weight rating, acknowledging the company’s strong quarterly performance despite recent market concerns. These developments reflect a positive sentiment among analysts regarding ServiceNow’s financial health and future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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