TIDMCRDL

Cordel Group PLC

21 June 2023

21 June 2023 - REACH

Cordel Group PLC

("Cordel" or the "Company" or the "Group")

Cordel joins Microsoft ISV Success program

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, is pleased to announce that the Company has joined the Microsoft ISV (Independent Software Vendor) Success program.

By formalizing the next steps of our engagement with Microsoft, we continue to build our relationship, working with Microsoft's Rail Industry Sector team. This includes wider leverage of Microsoft Cloud (Azure, Azure Stack Edge) and associated software tools.

Commenting on the Microsoft relationship, Mike Turner, Chief Revenue Officer said;

"Cordel's vision is to create safer, more efficient and sustainable railways around the world. Many of the key principles of Azure directly align with this vision, including a drive towards greater sustainability. By leveraging the capabilities of Azure we can develop more effective ways to deploy our capture and processing on in service trains, whilst ensuring the automated, high frequency, high accuracy data we generate is managed efficiently as Azure Cloud payload. In addition, by utilizing the extensive Microsoft tooling, applied against these vast captured data sets, we will be able to drive rail classification and inspection in new and exciting ways. We believe that working more closely with partners such as Microsoft helps to bring a new hyperscaler perspective to the rail sector, creating an opportunity to deliver improved outcomes to our rail customers."

Enquiries:

 
 Cordel Group PLC                             c/o Zeus 
 Ian Buddery, Chairman 
  John Davis, Chief Executive Officer 
 
   Zeus Capital Limited Broker                +44 (0)20 3829 5000 
 Simon Johnson / Alexandra Campbell-Harris 
 
  Strand Hanson Limited Nominated Adviser 
  Richard Johnson / James Bellman               +44 (0)20 7409 3494

About Cordel

Cordel produces specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

   Further information on the Company is available at:   www.cordel.ai

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAPPUCAQUPWUMU

(END) Dow Jones Newswires

June 21, 2023 02:00 ET (06:00 GMT)

Maestrano (LSE:MNO)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Maestrano Charts.
Maestrano (LSE:MNO)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Maestrano Charts.