Sysgroup Regulatory News (SYS)

29 May 2024

SysGroup plc

("SysGroup" or the "Group")

SysGroup and Softcat plc Forge Strategic Partnership

to Drive AI/ML Market Growth

SysGroup plc (AIM:SYS), a leading technology partner specialising in the delivery and management of cloud, data and security services to power Artificial Intelligence ("AI") and Machine Learning ("ML") transformation, is excited to announce a strategic partnership with Softcat plc, solidifying its position as one of their trusted Machine Learning Partners. As one of the UK's leading IT Solutions and Services Providers, Softcat's endorsement opens up new avenues for SysGroup in the AI/ML markets. An ongoing engagement with a prominent independent pension and investment management firm, underscores the potential impact and tangible benefits of this partnership.

Andrew Hermsen, Softcat plc's Chief Technologist - Data, AI & Automation commented

"We are pleased to announce our strategic partnership with SysGroup, which represents a significant step forward in addressing the evolving needs of our customers in the dynamic and rapidly growing machine learning market. This collaboration leverages the unique strengths of both companies, combining SysGroup's innovative AI and ML solutions with Softcat's deep expertise in the IT market. Together, we are poised to deliver unparalleled value, helping our clients harness the transformative potential of machine learning to drive business growth and innovation. As the opportunities in this space continue to expand, we are committed to providing cutting-edge solutions that empower our customers to stay ahead of the curve."

Heejae Chae, SysGroup's Executive Chairman commented

"We are thrilled to have achieved 'Preferred Partner' status with Softcat plc, marking a significant milestone in our journey to become a leading force in the AI and ML markets. This partnership not only validates our innovative approach to AI and ML solutions but also opens up new possibilities for us to deliver exceptional value to our clients. By combining our strengths with Softcat's industry-leading expertise, we can offer comprehensive and cutting-edge solutions that drive efficiency and innovation for our customers. We look forward to the tremendous opportunities this collaboration will bring and are excited about the positive impact it will have on our clients' success."

About SysGroup

SysGroup plc is a managed service provider of end-to-end data solutions enabling us to take our customers on their AI data journey. The Group offers an integrated set of modern technologies that collectively meets our customers end-to-end data needs including connectivity, cloud hosting, delivery, analytics and governance of customer data, as well as a security layer for users and applications.

The Group has offices in Bristol, Edinburgh, London, Manchester and Newport.

For more information, visit http://www.sysgroup.com