3 May 2016 09:45
3 May 2016
blur Group plc
("blur Group", the "Group" or the "Company")
Contract win with a FTSE 250 Retail Group
blur Group plc (AIM:BLUR), the world's first Enterprise Services Platform & Marketplace, is pleased to announce the signing of a two year contract with a FTSE 250 multi-channel retail group.
This new contract is an extension of an existing relationship and will focus on the procurement of system and infrastructure monitoring and data integration services through blur's platform. By working with blur the customer is able to gain access to a global marketplace of vetted Service Providers with relevant technical expertise, which is otherwise unavailable in-house.
blur combines cloud based software and managed services within a single platform, delivering both a streamlined experience and competitive pricing for our customers. By choosing blur for these projects, and by working closely with blur's delivery function and the customer's in-house technical team, the customer expects to save significant time and cost.
Commenting, Philip Letts, blur Group CEO, said:
"We are delighted to extend an existing relationship with a leading UK retailer. This is a strong vindication of our transition to our Enterprise 1 strategy, which we worked hard to complete in 2015. This contract win also demonstrates that business leaders and large corporates are increasingly acknowledging the need to prioritize their unmanaged, indirect business services spend and recognize that blur's platform offers an efficient and agile solution to drive new efficiencies within indirect spend.
"We look forward to working closely with this retail Group to deliver the best quality solutions. This new contract underpins current market expectations and we will continue to focus on our Enterprise strategy and on acquiring loyal accounts with repeat business. We remain convinced that this is key to our future success."
1 blur defines the Enterprise as a business with 50 or more employees
For further information, please contact:
blur Group plc investors@blurgroup.com
Tim Allen Tel: +44 (0) 1392 927618
Shaun Dobson/Jen Boorer N+1 Singer
Tel: +44 (0) 20 7496 3000
Dominic Barretto/Alistair de Kare-Silver Yellow Jersey PR
Tel: +44 (0) 7825 916 715
About blur Group plc at blurgroup.com
Since 2010, blur Group has been helping enterprises worldwide eliminate waste and inefficiency in their indirect procurement process through its market leading Enterprise Services Platform & Marketplace. To date over 65,000 businesses, including companies like, Tesco, Danone, Trinity Mirror, Argos and PwC, have adopted blur's platform to either buy or sell services online, submitting over $500m of services requirements to blur Group's platform.
blur Group is a public company listed on the London Stock Exchange's AIM market (BLUR) and is headquartered in the UK with regional sales offices in the US and Europe.