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Rosslyn Data Wins Cloud Analytics Deal With Fortune 500 Firm

Wed, 05th Aug 2015 07:55

LONDON (Alliance News) - Big data technology company Rosslyn Data Technologies PLC on Wednesdy said it has won a cloud analytics platform deal with an unnamed Fortune 500 company.

Rosslyn said the deal is worth GBP200,000 over the first four deployments it will handle.

"This is an excellent step forward for the team and our technology. Our partner's decision to switch from an existing platform, that is so vital to their operations and service delivery, is a credible achievement for Rosslyn and is a significant step towards demonstrating the scalability and broad applicability of our platform and the technologies that our team has developed," said Rosslyn Chief Executive Charles Clark.

Rosslyn added it is making good progress in 2015 and said it is expanding revenue derived from existing contracts in line with its plans.

Shares in Rosslyn were up 5.2% to 11.8349 pence on the news.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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