8 May 2015 07:00
8 May 2015
Rosslyn Data Technologies plc
(the "Company" or the "Group")
Two Contract Wins
Two Fortune 500 and FTSE 250 Companies Select Rosslyn Data Technologies
Rosslyn Data Technologies plc (AIM: RDT), a leading global big data technology company, announces that Rosslyn Analytics Inc. and Rosslyn Analytics Ltd., the Company's wholly owned subsidiaries, have won two multi-year contracts worth $375,000 and £170,000 (with an upsell opportunity for a further £80,000) with a Fortune 500 provider of services and technology and a FTSE 250 Strategic Outsourcing Company, respectfully. One is a new client whilst the other is an expansion into a new area in an existing client.
In both cases, the clients have successfully grown through both acquisition and organically, and the need to have one trusted source of data is more vital than ever before. These businesses are constantly having to adjust to the unceasingly changing business environment and data is an essential asset that enables them to navigate this complexity.
Rosslyn's new clients will use the RAPid Big Data Cloud Analytics Platform to integrate data from multiple internal and external sources. This Omni view greatly enhances the value of the core raw data for deeper analysis enabling them to rapidly identify savings in their cost base, capture operational efficiencies in their financial processes and mitigate risks in their global supply chains, all from a single analytics platform.
RAPid provides the companies, and their employees, with analytics delivered on a subscription service. This means they do not need to buy, integrate and maintain expensive hardware and software. Both clients are likely to be live in a matter of weeks as opposed to the many months it would have taken them if they were doing it themselves.
Charles Clark, CEO said:
"These wins underpin our strategy of land and expand where, through our self-service big data cloud analytics platform, we are able to rapidly deliver value and deepen our relationships. Clients of all sizes are now able to rapidly exploit their large and complex data sets whilst seamlessly expanding into multiple other business areas from one centralized platform."
Enquiries:
Rosslyn Data Technologies plc | Charles Clark, Chief Executive Officer Francis Reid, Chief Financial Officer | +44(0)20 7138 3204 |
Blytheweigh - Financial PR | Halimah Hussain
| +44(0)20 7138 3203 +44(0) 7725 978 141 |
Andrea Benton | +44(0)20 7138 3553 +44(0) 7917 006 563 | |
Cenkos Securities - Nominated Adviser, Broker | Stephen Keys Mark Connelly
| +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
ENDS
Rosslyn Data (RDT)