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Pin to quick picksRosslyn Data Share News (RDT)

Share Price Information for Rosslyn Data (RDT)

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Share Price: 9.75
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Rosslyn Data Wins EUR1 Million Contract With Unnamed Client

Tue, 14th Jan 2020 09:24

(Alliance News) - Rosslyn Data Technologies PLC said Tuesday it has won a five-year contract with a value of EUR1.0 million for the implementation and license of RAPid supply chain analytics.

The data technology company did not disclose the name of the client, but said it is a global manufacturer and distributor of building materials and products, employing 77,000 people in over 30 countries around the world.

The contract is for delivery of procurement and supply chain analytics solutions to more effectively manage costs, compliance and risks, the company said.

Rosslyn Data said the clients specific needs were for a solution able to aggregate data regularly from 108 disparate enterprise resource planning systems around the world into a single consolidated reporting and analysis solution with full drill-down capabilities.

Roger Bullen, chief executive officer, said: "This win again demonstrates our ability to win clients in competitive processes across various industry sectors, and the confidence clients have in Rosslyn and our products by willing to commit for significant lengths of time."

Rosslyn Data shares were up 4.2% in London at 5.00 pence each on Tuesday.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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