Nubeva technologies has announced a minimum 3-year contract with a strategic customer. The global managed service provider, whose name has not been disclosed, has signed on to license Nubeva's ransomware reversal solution. The service provider will sell Nubeva's solution to their customers to enhance their offerings and generate new business.

The company views this integration as a competitive advantage and a significant value-add for their customers. The partnership comes with considerable upside potential for Nubeva, with a multi-year contract that has a minimum value of seven figures per year. Nubeva's executive team credits the recent implementation of chatGPT AI technology with contributing to the company's success in securing the contract.

The technology is expected to help Nubeva deliver and support the contract and go-to-market efforts more efficiently, leading to cost savings and greater value for the customer.