Blur Group PLC blur and Enterprise Buyers and Service Providers
21 July 2015 - 6:00PM
RNS Non-Regulatory
TIDMBLUR
Blur Group PLC
21 July 2015
blur Group plc
("blur," the "Group" or the "Company")
blur's Focus on Enterprise* Buyers and Service Providers gathers
momentum in H1 2015
blur Group, the world's leading Enterprise Services Platform and
Marketplace, has continued to attract new Enterprise Buyers and
Service Providers throughout H1 2015.
The Group has seen a 30% increase in Buyers and Service
Providers at the end of H1 2015 to 65,000 (50,000 at the end of
2014). Projects listed, from Enterprise buyers, also increased by
20% in 2015 compared to 2014.
During Q2 2015, blur's continued Enterprise focus resulted in
the following:
-- Growth in Enterprise Buyers using blur's Platform:
o Unilever, Home Retail Group, and the University of Greenwich
were amongst a number of new customers who started to adopt the
Enterprise Services Platform.
o Existing Enterprise customers, which included Danone and
Solvay returned to the marketplace; contributing to a 75% increase
in the proportion of repeat projects listed in H1 2015 on 2014.
o Projects from these customers focused on market research,
recruitment and e-learning, marketing solutions, and an online
ordering platform.
-- Enterprise Service Providers join blur's Marketplace:
o Over 700 new Enterprise Service Providers joined blur's
Platform in Q2 - 10% of all new Service Providers. blur has seen a
significant ramp in Enterprise level Service Providers over the
last 12 months.
o The leading marketing agency Ogilvy, the USA's largest
employment related law firm Littler Mendelson, a USA cloud contact
centre named Five9, and engineering consultancy Mott MacDonald,
were amongst those who joined blur's marketplace.
-- The expansion of Premium Services, Subscriptions and Licenses will grow the gross margin
o blur Manage Ultra, blur Advanced Protect, and blur Express
gained traction from projects of $10,000+.
o The Enterprise Buyer and Service Provider Subscription Plans
(SAAS), enabling organisations to choose the right service level
for their business, were pre-launched to blur's existing Buyers and
Service Providers ahead of their full launch on 1st July 2015.
o Q3 sees the launch of blur Data, a unique stand alone
subscription based intelligence product developed by blur Group
that enables organisations to gain invaluable insight into global
business services trends and market pricing information.
Philip Letts, blur Group CEO commented:
"The Platform is attracting more Enterprise level Buyers and
Service Providers than before. Whilst our transition to the
Enterprise became more evident in 2014, we have seen increasing
momentum in H1 2015 in both the USA and Europe. Added to this, with
the introduction of our Premium Services in early 2015, the new
Buyer and Service Provider subscriptions in Q2, and soon, blur Data
in Q3, we are driving up our gross margin. Our Platform is, more
than ever, ready to service the business needs of the larger
Enterprise organisation. We are focused on our goal of having
hundreds of large Enterprise customers broadly adopting the
platform serviced by an increasing number of Enterprise
suppliers."
*blur Group defines Enterprise customers as medium and large
Organisations with 50 or more employees
blur Group plc Tel: +44 (0) 1392 927 189
Tim Allen/Helen Blackmore
N+1 Singer
Shaun Dobson/Jen Boorer Tel: +44 (0) 20 7496 3000
Yellow Jersey
Dominic Barretto Tel: +44 (0) 7768 537 739
About blur Group plc at blurgroup.com
blur operates the the world's leading Enterprise Services
Platform and Marketplace. To date over 65,000 businesses have used
blur to buy or sell services online, including companies like,
Tesco, GE, Danone, Daily Mail Group, Argos and PWC submitting over
$450m of services requirements to blur's platform.
blur Group is a public company listed on the London Stock
Exchange's AIM market (BLUR) and is headquartered in the UK with
regional sales offices in the US and Europe.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAPKDDQABKKDOB
Maistro (LSE:MAIS)
Historical Stock Chart
From Apr 2024 to May 2024
Maistro (LSE:MAIS)
Historical Stock Chart
From May 2023 to May 2024
