Rosslyn Data Technologies PLC Contract Wins
11 February 2019 - 6:00PM
RNS Non-Regulatory
TIDMRDT
Rosslyn Data Technologies PLC
11 February 2019
11 February 2019
Rosslyn Data Technologies plc
(the "Company", "Rosslyn" or the "Group")
Contract Wins
International Logistics, Healthcare and Pharma Groups Select
Rosslyn Data Technologies
Rosslyn Data Technologies plc (AIM: RDT), a leading global big
data technology company, announces that it has won three contracts
with a combined value exceeding GBP0.5 million over the term of the
contracts. The contracts are for delivery of procurement and supply
chain analytics solutions to more effectively manage costs,
compliance and risks.
These latest contract wins add to a growing client list, which
already includes some of the world's largest logistics groups. The
contracts include options to extend beyond the initial terms and
add additional service capabilities.
These clients are well known in their specialist markets and are
now embracing cloud technology solutions to help them improve their
operational efficiencies. All three companies are diverse in,
geographies, languages as well as a multitude of data repositories
and ERP systems. This level of complexity means that the data
challenges are extremely high, and Rosslyn's selection demonstrates
the security, trust and compliance standards that organisations
have in the RAPid platform. Rosslyn aims to complete the initial
implementations of these projects in less than eight weeks,
including providing a complete data analytics enrichment,
aggregation and dashboarding service.
Our clients are seeking to identify and manage an increasing and
varying number of procurement opportunities. Rosslyn's RAPid
platform is designed to provide a strategically important platform
for the client, allowing them to bring together data from multiple
sources and enabling them to improve data quality, monitor risks,
visualise issues and develop their own analytical views and
processes to reduce cost and improve efficiency. This compares to
the standard fixed traditional reporting and analysis that many of
our competitors deliver. RAPid closes the gap between the user and
their data and empowers them with easy to use and highly visual
analytical functionality, to unlock the value of their data and
identify opportunities that otherwise may have remained hidden.
Roger Bullen, said:
"I am delighted that Rosslyn has won more high profile clients
in an extremely competitive and demanding process. Our focus on the
complex supply chain and procurement data analytics market
continues to deliver opportunities and these important wins
demonstrate the continued demand for our data services in this
growing sector. Being selected by these companies validates that
our RAPid Analytics Platform is the technology of choice for
companies serious about leveraging the value of their data to
improve business performance. I believe that these wins underpin
the progress we are making in increasing our average annual
contract value, which continues to grow, and lifts our ARR to over
GBP6M."
+44(0)20 7138
3203
Rosslyn Data Technologies Roger Bullen, +44(0)77 7162
plc Chief Executive Officer 3345
Cenkos Securities
-
Nominated Adviser, +44(0)20 7397
Broker Stephen Keys, Max Gould 8924
Notes to Editors
Rosslyn Data Technologies plc, (AIM: RDT), a leading provider of
a cloud-based data analytics platform, was founded in 2005. The
company provides analytical services by combining four key
technologies: data extraction; cleansing; enrichment; and
visualisation, through a single cloud platform enabling users with
detailed data to make more informed decisions. Rosslyn's RAPid
platform is the Group's primary product available to its
multinational customers, including Babcock Corporate Services plc,
Xerox Business Services and Coca-Cola Enterprises, Inc. Rosslyn
Data Technologies plc is the ultimate holding company of the Group
and owns 100 percent of Rosslyn Analytics Limited.
Further information can also be found on the Company's website
at: www.rosslyndatatech.com
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END
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