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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Outsourcery | LSE:OUT | London | Ordinary Share | GB00B9G9LV10 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.125 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOUT
Outsourcery PLC
14 October 2015
Outsourcery plc
("Outsourcery" or the "Group")
Outsourcery selected in Network Services agreement
Adds to direct sales pipeline, following September strategy update
Follows public sector certification for Assured O-Cloud Platform
Outsourcery (AIM: OUT), a leading Cloud Service Provider ("CSP") focused on the provision of unified communications solutions based on Microsoft Skype for Business, via its wholly owned subsidiary Outsourcery Hosting Limited, has been awarded a place on Lot 10 of the Crown Commercial Service (CCS) Network Services agreement. Outsourcery is one of 59 suppliers under this agreement.
The agreement adds to Outsourcery's growing public sector pipeline amongst central government departments, local authorities, NHS and other government agencies all able to take advantage of the agreement to access non-PSN and PSN compliant services. The agreement provides a key route to market for Outsourcery and enables them to assist public sector organisations in realising the benefits of the latest unified communications and collaboration technology, whilst reducing timescales and procurement costs.
The agreement will have an initial term of two years with the option for CCS to extend for a further two years. Outsourcery recently stepped up the development of its direct sales and marketing activity, particularly in the public sector, as part of the refocused strategy announced at Interim Results on 29 September 2015.
Today's announcement follows achievements earlier in the year to differentiate Outsourcery's public sector proposition. On 26th February, Outsourcery announced that Berkshire Healthcare NHS Foundation Trust had chosen Outsourcery - via the G-Cloud framework - to deliver its Microsoft unified communications solution from its O-Cloud PGA OFFICIAL Internet Platform. In March 2015, Outsourcery received formal Pan Government Accreditation (PGA) certification for its Assured O-Cloud Platform, permitting Outsourcery to deliver services with OFFICIAL over the Public Services Network (PSN) to the public sector. The Assured O-Cloud Platform is the only Microsoft-validated platform in the UK designed solely to deliver services to central government and public sector organisations. In June 2015, Outsourcery gained recognition in the Microsoft Worldwide Partner Conference 2015 awards, in the category "Public Sector: Government Partner of the Year" and was the only UK company included in the global award.
Piers Linney, Co-CEO of Outsourcery plc said: "Today's announcement serves as evidence of Outsourcery's refined strategy at work. While we await the ramp-up of our third party channel, my colleagues and I have been targeting direct sales activities and our inclusion in the Network Services agreement marks a particularly pleasing milestone for our efforts in the public sector. As part of the agreement, Outsourcery will have access to this key market segment at a time when the government is opening up access to public sector business to a more diverse supplier base to encourage greater innovation and competition."
Enquiries
Outsourcery +44 (0)330 313 0077 Piers Linney, Co-CEO Simon Newton, Co-CEO Investec +44 (0)20 7597 5100 Andrew Pinder / Patrick Robb Dominic Emery / Carlton Nelson FTI Consulting, LLP Matt Dixon / Dwight Burden / Rob Mindell +44 (0)20 3727 1000
About Outsourcery
Outsourcery is a leading Cloud Service Provider ("CSP") based in the UK focused on the delivery of cloud-based applications, infrastructure and unified communications solutions to business of all sizes via its partner and as direct customers in the mid-market. The Group focuses on Microsoft technologies due to the significant installed base and disruptive entry into new markets such as unified communications. Cloud computing represents a systemic evolution in the way that IT platforms, applications and communications ("ICT") solutions are provided in a more cost effective and efficient way. The ICT model is rapidly shifting from a physical technology purchase to the consumption of services with a specified uptime service level on a monthly subscription basis. Outsourcery has invested in its platform and capabilities to apply economies of scale to provide highly resilient and secure services to a range of end-customers from shared platforms in its UK datacentres.
Further, detailed information on the Group is available in the Investor Centre on the Outsourcery website:
(www.outsourcery.co.uk/investors)
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
October 14, 2015 02:01 ET (06:01 GMT)
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