Rosslyn Data Technologies PLC Contract Win (1837O)
November 03 2016 - 2:00AM
UK Regulatory
TIDMRDT
RNS Number : 1837O
Rosslyn Data Technologies PLC
03 November 2016
3(rd) November 2016
Rosslyn Data Technologies plc
(the "Company", "Rosslyn" or the "Group")
Contract Win
Fortune 100 Company Selects Rosslyn Data Technologies
Rosslyn Data Technologies plc (AIM: RDT), a leading global big
data technology company, announces that Rosslyn Analytics Ltd, has
secured a two year contract worth over $400,000, $257,500
(GBP200,000) in the first year and $150,000 (GBP125,000) per annum
thereafter. The contract has an option to extend beyond the term as
well as the capability of having additional professional services
added to it during the contract life.
This client is a leading US based global media company which is
a household name, having successfully grown organically and through
acquisition. The technology landscape in which it operates is
complex, covers many geographies and many ERP systems, meaning its
data challenges are extremely high. Rosslyn's RAPid platform
simplifies how the business consolidates and manages its data and
facilitates faster delivery of important information to all
decision makers within the firm.
The client is seeking to identify and mitigate an increasing and
varying number of risks that it faces as a result of its global
operations and market place. The functionality of the RAPid
platform will enable the client to bring together data from
multiple different sources internally and externally which is key
to them achieving their business objectives. At the same time, this
rich foundation of information enables the various teams to improve
the quality of their data, improve risk management, visualize the
issues and identify opportunities that otherwise may have remained
hidden.
Roger Bullen, said:
"I am thrilled that Rosslyn has won this high profile client in
a competitive and demanding process. Our focus on the US market is
starting to deliver a number of opportunities and this extremely
important win demonstrates the demand for our services in the US.
Being selected by this global company, shows that our RAPid Cloud
Analytics Platform is the technology of choice for companies
serious about leveraging the value of their data in order to
improve business performance. This win underpins the progress we
are making in increasing our average annual contract value which is
now over GBP75,000 compared to the GBP50,000 at IPO
+44(0)20 7138
Rosslyn Data Roger Bullen, 3203
Technologies Chief Executive +44(0)77 7162
plc Officer 3345
Lance Mercereau +44(0)7788
Marketing Director 183273
Cenkos Securities
-
Nominated Adviser, +44(0)20 7397
Broker Stephen Keys 8924
Notes to Editors
Rosslyn Data Technologies plc, (AIM: RDT), a leading provider of
a Cloud-based enterprise data analytics platform, was founded in
2005 by Charles Clark and Hugh Cox. Business Intelligence was
ranked first in the top ten technology priorities for Chief
Information Officers in 2012 by Gartner. 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
Aberdeen Asset Management plc, 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.rosslynanalytics.com
This information is provided by RNS
The company news service from the London Stock Exchange
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