FTSE 100 Company Selects Rosslyn Data Technologies

RNS Number : 3131D

Rosslyn Data Technologies PLC

06 July 2016

 

6 July 2016

Rosslyn Data Technologies plc

(the "Company", "Rosslyn" or the "Group")

Contract Win

FTSE 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 contract worth €240,000 (£200,000) in the first year.  The contract has an option to extend beyond the one year term as well as the capability of having additional professional services added to it during the contract term.

This client is a leading logistics company which has 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 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. 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 and identify opportunities that otherwise may have remained hidden. 

This contract win brings the number of FTSE 100 companies using Rosslyn's RAPid cloud analytics platform to 10.  

Roger Bullen, said:

"I am thrilled that Rosslyn has won this high profile client in a competitive and demanding tender process.  Being selected by this FTSE 100 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 to £72,000 which at the time of the IPO was c.£50,000 per annum."     

Rosslyn Data Technologies plc	Roger Bullen, Chief Executive Officer	[phone] [phone]
	Lance Mercereau Marketing Director	[phone]
Cenkos Securities - Nominated Adviser, Broker	Stephen Keys	[phone]

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

 

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