Panoply Holdings PLC (The) Contract wins and update on Foundry4 (9322N)
04 February 2021 - 6:00PM
UK Regulatory
TIDMTPX
RNS Number : 9322N
Panoply Holdings PLC (The)
04 February 2021
4 February 2021
The Panoply Holdings PLC
("The Panoply", or the "Group")
Contract wins and update on Foundry4
The Panoply Holdings PLC (AIM: TPX), the technology-enabled
services group focused on digital transformation, announces it has
recently won two separate contracts in partnership with Mastek, a
global IT player, worth more than GBP7m over the life of the
contracts (the "Contracts").
Contract wins
The Contracts, which run for two years and have been awarded by
the NHS Business Services Authority, comprise a GBP6m framework
agreement to provide capabilities to support the organisation's
digital transformation agenda and a GBP1.2m contract to be its
overseas digital health delivery partner.
Update on Foundry4
The Group is pleased to announce that Difrent will be integrated
into Foundry4 with effect from 1 April 2021 at which time Rachel
Murphy, current CEO of Difrent, will become CEO of Foundry4. Rachel
brings a wealth of delivery experience from across the public
sector and the healthcare market, providing the foundations for
further expansion into this target market for the Group.
James Herbert, the current CEO of Foundry4, will take on the
role of Strategic Partnerships Director, responsible for the
Group's relationships with Microsoft, Amazon (AWS) and Google
(GCP). Foundry4's relationships with these key technology platforms
are critical to its success. Foundry4 recently attained a Microsoft
Gold Cloud Platform competency, demonstrating a "best-in-class"
ability and commitment to meet Microsoft Corp. customers' evolving
needs in today's mobile-first, cloud-first world as well as
distinguishing itself within Microsoft's partner ecosystem.
Becoming a Microsoft Gold Partner will allow Foundry4 to combine
strengths with Microsoft, speeding up deployment and improvement of
Microsoft Azure environments.
Neal Gandhi, CEO of The Panoply, said:
"These contract wins represent a step-change in our reach into
healthcare, a key growth sector for the Group. We look forward to
working with Mastek to support the NHS BSA with its ongoing digital
transformation agenda.
We are also delighted that Difrent, the company whose approach
has so impressed to secure these wins, will be joining our Foundry4
brand and that Rachel Murphy will be leading it forward as CEO.
With her extensive experience driving digital change, Foundry4 is
well placed to strengthen its reputation as a leading provider in
digital transformation across the public and private sectors."
Rachel Murphy, CEO designate of Foundry4 said:
"Even from Difrent's relatively short time as part of the Group,
the substantial opportunities available through collaboration and
combination among the different businesses is clear.
In my role as CEO of Foundry4, I am excited to leverage the
varied skills and technical expertise we have in our possession to
expand the Group's reach across the markets in which we
operate".
Enquiries:
The Panoply Holdings
Neal Gandhi (CEO) Via Alma PR
Oliver Rigby (CFO)
Stifel Nicolaus Europe +44 (0)207 710 7600
Limited
(Nomad and Joint Broker)
Fred Walsh
Alex Price
Dowgate Capital Limited
(Joint Broker)
James Serjeant
David Poutney +44 (0)203 903 7715
Alma PR panoply@almapr.co.uk
(Financial PR) +44 (0)203 405 0205
Susie Hudson
Josh Royston
Harriet Jackson
About The Panoply
The Panoply is a technology-enabled services group, built to
service clients' digital transformation needs. Founded in 2016,
with the aim of identifying and acquiring best-of-breed specialist
information technology, design and innovation consulting
businesses, the Group collaborates with its clients to deliver the
technology outcomes they're looking for at the pace that they
expect and demand.
The Group is being increasingly recognised as a leading
alternative digital transformation provider to the UK public
services sector, with c.70% of its client base representing the
public sector and c.30% representing the commercial sector.
More information is available at www.thepanoply.com
About Foundry4
Foundry4 helps organisations in highly regulated sectors harness
technology to solve complex challenges. Its deep technical
expertise covers all areas of the digital spectrum, from
intelligent automation and user centred design, to high quality
product engineering teams and agile coaching.
Partnering with enterprise organisations, Foundry4 draw on
extensive technology and sector knowledge to help them harness the
true value of cloud and data.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. 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
CNTBIGDDXDGDGBX
(END) Dow Jones Newswires
February 04, 2021 02:00 ET (07:00 GMT)
Tpximpact (LSE:TPX)
Historical Stock Chart
From Apr 2024 to May 2024
Tpximpact (LSE:TPX)
Historical Stock Chart
From May 2023 to May 2024