IntelliAM AI: Yorkshire firm lands contract with unnamed major frozen food company
Yorkshire-based IntelliAM AI has secured a new contract with “one of the world’s largest manufacturers of frozen potato products”.
IntelliAM also described the unnamed company as a “major global provider of frozen food solutions”, as it announced a deal worth at least £155,000 per year.
Dinnington-based IntelliAM is a provider of AI-driven software solutions for the manufacturing and engineering sectors.
The company uses AI to help food and drink companies to improve the productivity of their machinery.
Speaking on the latest deal, Tom Clayton, chief executive officer of IntelliAM, said: "This is a landmark win for IntelliAM.
“Securing a multi-site agreement with a globally significant manufacturer reinforces the strength of our proposition, combining deep asset management expertise with modern software that delivers measurable operational impact.
“We are increasingly being selected by major producers who require reliability, compliance, and performance across complex manufacturing estates.
“This contract is further validation of our momentum in the food sector and supports our continued growth strategy.”
Under the new agreement, IntelliAM will provide its asset management services and software platform across four manufacturing facilities in the UK.
The contract has an initial value of a minimum of £115,000 per year.
IntelliAM added in a statement that the move represents “another important step” in its bid to expand its presence within the food and manufacturing sectors.
The announcement comes after November saw IntelliAM establish a new business division focused on the building products sector.
The firm said in November that it had already won new contracts and platform deployments with leading manufacturers including Tarmac, Marshalls, H+H Building Construction, and Knauf in the UK and Japan. It added that the orders cover a total of 15 manufacturing sites.
IntelliAM said the new division is expected to generate income of £250,000 in the current financial year, adding that it anticipates this figure will “grow materially in following years”.
Mr Clayton said in November: “This expansion into a new manufacturing vertical demonstrates significant progress for IntelliAM in diversifying beyond FMCG (fast moving consumer goods) and into a large new industrial market, which aligns with the company’s strategy to broaden vertical exposure and increase platform adoption.”
The launch of the new division came as IntelliAM also posted its latest half-year results for the six months to September 30.
The firm saw revenue up 158 per cent to £2.4m during the period, compared to £0.93m the year before.
EBITDA losses increased to £460,000 from a previous £36,000; a rise the company attributed to an “increase in headcount” as employee numbers rose from 46 to 64.
Mr Clayton added at the time: "We are pleased with the strong progress made in the first half as we continue to execute against our strategic goals."