14 Jan 2020 07:00
D4T4 Solutions PLC
14th January 2020
London: 14th January 2020
D4t4 Solutions plc
(the "Group", "D4t4" or "Company")
'ALL ABOUT THE DATA'
New contract wins
D4t4 Solutions Plc (AIM: D4T4), the AIM-listed data solutions provider is pleased to report the following new contract wins in key vertical sectors for the Group's Celebrus data collection software. These wins evidence strong trading in the final months of the financial year and bear out the Board's confidence at the interim stage in D4T4's significant pipeline of new business opportunities with new and existing clients alike. Some of these contracts have been won on an "as a service / recurring revenue" basis, consistent with the direction we are now seeing in the market.
Newly won contracts comprise:
·; A new multi-year contract for our Celebrus data collection software with a major UK high street bank.
·; An extension of a contract with a major US bank using our Celebrus data collection software.
·; A capacity extension and a new data collection channel contract for our Celebrus data collection software with a major financial services customer in the US.
·; A significant multi-year capacity extension and multiple country expansion contract for our Celebrus data collection software with a major European financial services customer.
Commenting on these developments CEO Peter Kear said:
"We are delighted with these contract successes which provide valuable underpinning to both current year and future earnings potential for D4T4, being based on consumption as well as perpetual licence models, and a pleasing endorsement of version 9.0 of the Celebrus product we launched last year. We look forward to providing further updates as the year progresses."
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.
Enquiries
D4t4 Solutions Plc
Peter Kear, Chief Executive Officer
Charles Irvine, Chief Financial Officer
Tel: +44 (0) 1932 893333
E-mail: moreinfo@d4t4solutions.com
finnCap (Nominated Adviser & Broker)
Julian Blunt /Hannah Boros, Corporate Finance
Alice Lane, ECM
Tel: +44 (0) 20 7220 0500
TooleyStreet Communications (IR & Media Relations)
Fiona Tooley
Tel: +44 (0) 7785 703523
E-mail: fiona@tooleystreet.com
About D4t4 Solutions Plc
D4t4 Solutions Plc (www.d4t4solutions.com) is ALL ABOUT THE DATA.
D4t4 Solutions Plc operates within the fast-growing data and analytics market. This market encompasses 'big data', artificial intelligence, machine learning and the business intelligence market; this market which has been estimated to be valued at U$189 billion by the global independent analyst International Data Corporation (IDC), with a projected growth of 13.2% annually until 2022 when the market is anticipated to be worth circa.U$274 billion.
The business is focused on the finance and consumer sectors. The specific areas of focus for D4t4 are data and analytics related to the collection of data on how consumers interact with digital channels, the management and analysis of that data and the implementation of cost-effective platforms to assist companies get real value from their data assets. Celebrus, our software product, is a customer data platform that is in a market, according to research by the Customer Data Platform Institute (CPDI), that is expected to grow from £300m in 2016 to £1bn in 2019-20.
We service clients in 22 countries. We are energetically focused on data platforms that enable clients who operate within the financial services, retail and consumer sectors to get the most from their data. From capture, through to management and analysis, we provide comprehensive products and services that drive value from our clients' information assets.
We are accredited to ISO27001: Information Security Management.
To find out more, visit www.d4t4solutions.com