Last checked at 14 Jan 2015 07:00
14 January 2015
Rosslyn Data Technologies plc
("Rosslyn" or "the Company")
The State University System of Florida Selects Rosslyn Data Technologies for Cloud Analytics -
12 universities are the latest organisations to embrace leading cloud data platform
Rosslyn Data Technologies plc (AIM: RDT), a leading global data technology company, announces that its US subsidiary, Rosslyn Analytics Inc. has been appointed by the State University System of Florida to provide cloud-based analytics to its 12 member state universities in Florida, including Florida State University and the University of Florida. The Directors believe that the five-year contract, worth US$ 1 million over the period, is a significant win for Rosslyn in the United States where the growing team recently announced a new contract with a leading US health insurance organisation.
The State University System of Florida, and its member organisations, will use Rosslyn's RAPid cloud platform and its pioneering intelligent data technologies, to exploit the value of data. This ground breaking project will support the group in analysing all its financial data, enabling it to drive through operational efficiencies in areas such as accounts payable and procurement to capture valuable savings across its large budgets. Elsewhere, the platform is being used to support contract compliance and to implement a real time benchmarking capability.
Charles Clark, CEO, said,
"We believe that this contract win is further proof of Rosslyn's leading position as a provider of cutting-edge cloud-based data technologies designed to enable everyone in an organisation to easily access and turn complex data into meaningful information.
"We look forward to working with the State University System of Florida, helping it to maximise the power of our RAPid data platform."
Enquiries:
Rosslyn Data Technologies plc | Charles Clark, Chief Executive Officer Francis Reid, Chief Financial Officer | +44(0)20 7138 3204 |
Blytheweigh - Financial PR | Tim Blythe
| +44(0)20 7138 3205 +44(0) 7816 924 626 |
Alex Shilov | +44(0)20 7138 3553 +44(0) 7989 394 027 | |
Cenkos Securities - Nominated Adviser, Broker | Stephen Keys Mark Connelly Michael Johnson | +44(0)20 7397 8926 |
Notes to Editors
Rosslyn Data Technologies plc, (AIM: RDT), a leading global data technology company was founded in 2005 by Charles Clark and Hugh Cox. Business Intelligence was ranked first in the top ten technology priorities for Chief Information Officers in 2012 by Gartner. The Company provides analytical services by combining four key technologies: data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers, including Aberdeen Asset Management plc, Babcock Corporate Services plc, Xerox Business Services and Coca-Cola Enterprises, Inc. Rosslyn Data Technologies plc is the ultimate holding company of the Group and owns 100 per cent of Rosslyn Analytics Limited. Rosslyn Analytics Inc. is a 100% owned subsidiary of Rosslyn Analytics Limited.
Further information can also be found on the Company's website at: www.rosslynanalytics.com