17 Dec 2013 07:00
RNS REACH
17th December 2013
blur (Group) Plc
("blur Group" or the "Company")
s-commerce sector's already-stellar growth set to accelerate as blur
Group's Exchange goes mobile
2,000 projects milestone demonstrates accelerating annual run rate
blur Group, the company that is reinventing commerce at blurgroup.com, announces today that s-commerce (or services-commerce) will be going fully mobile. The news comes as blur celebrates another major milestone - its 2,000th project submitted to the Exchange in 2013. By way of comparison in blur's first full trading year, in 2010, under 200 projects were submitted.
To ensure that this growth rate can continue the first phase of an immersive mobile experience launched this week. Customers can now start their projects on the Exchange through a buying experience that is optimised across common device formats from PC to tablets and smartphones.
Further planned releases in 2014 will extend the mobile experience by allowing both customers and service providers to manage the key aspects of their projects, including collaboration, project delivery and billing, regardless of operating system or device.
Philip Letts, Founder and CEO, commented,"This is great news for the growth of s-commerce as a sector giving our customers the ability to start projects on the move. Today there are 5 billion mobile phone users worldwide of which 1.5 billion use a smartphone. It is expected that by the end of 2014 there will be around 2 billion smartphone users - all of whom can now enjoy the benefits of s-commerce."
Looking to the future he concluded, "Our success centers around the technology that blur is pioneering - it means that as we take on progressively larger projects they can have just as simple and streamlined a process to execute as for smaller submissions. There's almost no limit to the size or quantity of projects we can take on."
How does it work?
Customers simply tap blurgroup.com into their smartphone browser to see the mobile version. blur's servers detect which device is being used and customers can start their project right away using the streamlined mobile brief app.
-ENDS-
For further information please contact:
blur (Group) plc | Tel: +44 20 3176 0548 |
Philip Letts - CEO | |
James Davis - Group CFO | |
Lucy Davies - Head of PR | lucy@blurgroup.com |
N+1 Singer (Nomad and Joint Broker) | |
Shaun Dobson / Matt Thomas | Tel: +44 20 7496 3000 |
Panmure Gordon (Joint Broker) | Tel: +44 20 7886 2500 |
Dominic Morley / Charles Leigh-Pemberton | |
Newgate Threadneedle | Tel: +44 20 7653 9850 |
Caroline Evans-Jones/ Josh Royston/ Hilary Millar |
About blur (Group) plc at blurgroup.com
blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange uses blur's proprietary s-commerce platform to enable over 35,000 business users in 141 countries to buy, sell and deliver core business services and take advantage of Software as a Transaction™ to pay for these projects.
blur Group (BLUR) is a public company headquartered in the UK with offices in the US and Europe. It is listed on the London Stock Exchange's AIM market. blur was founded in January 2006 and launched in alpha in 2007 with the full, formal launch of the Global Services Exchange in January 2010. At that time, just over three projects per month were submitted. Now, nearly 200 projects start on the exchange each month. Customers include Danone, Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco. Over the same time, average project value has grown from approximately $1,500 in 2010 to $28.8K in Q3 2013.
Today, nearly 3,400 projects have been submitted with a combined value of above $105 million. These have come from the US, UK, Europe, Africa and Asia with over 33,000 expert service providers on eight exchanges responding to them.