Outsourcery is one of few independent pure-play Cloud Service Providers #"CSPs"# and is establishing market
leadership in the UK# The business was founded in 2007 by its co-CEOs, Piers Linney and Simon Newton#
Outsourcery is positioned to take advantage of the systemic market shift in the provisioning of ICT from an "on-premise" or "managed service" deployment model to a Cloud-based model# The adoption of the Cloud is driven by a wide range of factors including a reduction in the total cost of ownership, operational agility, productivity and scalability#

The Company today provides a wide range of Cloud-based services via its network of partners to both larger
enterprises and SMEs# These services are deployed on its proprietary O-Cloud platform, which is housed in a third-party enterprise grade datacentre

Outsourcery was admitted to London's Alternative Investment Market #AIM# on 24th May 2013#
The information disclosed in this section and elsewhere within the Investor Centre is in accordance with Rule 26 of AIM Rules for companies#

http://www#outsourcery#co#uk/Pages/Home#aspx

Shares -

Market report: Outsourcery sparkles


Pure cloud services supplier Outsourcery (OUT:AIM) has brought a sparkle to its share price since last week’s stockmarket debut. The group has today unveiled a deal with Virgin Media’s (VMED) business arm to resell its services suite to enterprise customers. The £40 million cap joined the London market on 24 May at 110p and the shares have rallied strongly, adding another 1.5p today to 129p.

3 Separate RNS's were released today?

11.43am - Black Rock Inc have a holding of 9.14%
http://www.investegate.co.uk/outsourcery-plc--out-/rns/holding-s--in-company/201305311143300176G/

11.47am - Black Rock Smaller Companies Trust PLC have a holding of 3.08%
http://www.investegate.co.uk/outsourcery-plc--out-/rns/holding-s--in-company/201305311147590178G/

11.49am - Black Rock UK Smaller Companies Fund have a holding of 3.42%
http://www.investegate.co.uk/outsourcery-plc--out-/rns/holding-s--in-company/201305311149420181G/

So in total Black Rock already have a holding of 15.64% - Quite substantial.

I am sure that if more folks were aware of this then the SP would have advanced considerably today. Give it time.

But just who are Black Rock?

According to Wikipedia - BlackRock, Inc. is a multinational investment management corporation based in New York City. As the world's largest asset manager, BlackRock is a leading provider of investment, advisory, and risk management solutions. The company acquired Barclays Global Investors in December 2009, solidifying its position as the largest investment manager in the world. As of September 30, 2012, BlackRock has $3.67 trillion in assets under management.

Founded in 1988, initially offering fixed income products, BlackRock has since evolved into a prominent financial vehicle. According to Ralph Schlosstein, CEO of Evercore Partners, a New York-based investment bank: “BlackRock today is one of, if not the most influential financial institution in the world”.

Yet somehow Black Rock see the benefit of owning almost a sixth of little Outsourcery, I very much doubt that they did this without a lot of background research. Add to this the other II's that have already taken stakes and PI's have every reason to be confident in the future.

Supply Agreement

Outsourcery selected as supplier on Government's G Cloud Framework

Outsourcery plc (AIM: OUT, "Outsourcery", "the Group"), a world-leading provider of cloud-based IT and unified communications services, has been accepted onto the Government's G Cloud Framework. The G Cloud is the mechanism by which public sector organisations can procure flexible cloud-based services to allow them to take advantage of new technologies and achieve business benefits.

The acceptance of a number of Outsourcery's products, including Platform as a Service (PaaS) and Software as a Service (SaaS), is a strong affirmation of the Group's security credentials.

I may regret this, but due to the limited newsflow, drifting SP and minimal trading activity, I'm OUT. I feel that in the Cloud, COMS is a far better prospect.

No regrets, moved it to Coms which has risen 50% since I did so.

Channel product of the year award

RNS


RNS Number : 6458H

Outsourcery PLC

24 June 2013






24 June 2013



Outsourcery plc



Awarded Channel Product of the Year 2013



Outsourcery plc (AIM: OUT, "Outsourcery", "the Group"), a world-leading provider of cloud-based IT and unified communications services, has been awarded Most Innovative Channel Product of the Year as well as the Overall Channel Product of the Year for its Unified Lync solution.



The Comms Business awards celebrate the successes of the reseller community, vendors, distributers and service providers and took place on 20 June 2013.

Outsourcery's Unified Lync solution was chosen out of five finalists for the category of Most Innovative Channel Product (Cloud Based Solution Deployed). Outsourcery Unified Lync is an enterprise class service, delivered from a carrier-grade telco platform, which delivers a full range of features from the cloud.

Outsourcery has built a flexible activation model that helps partners understand the market opportunity for Lync and also helps them build their own Unified Communications business with Unified Lync at the core.

Piers Linney, Co-CEO of Outsourcery commented:

"We are honoured to have been awarded both Channel Product of the Year and Most Innovative Product of the year. It is a great endorsement of our offering and reflects the efforts and dedication of the whole team.

"We developed Unified Lync so partners could offer a flexible range of cloud-based communications tools with ease. It also has the added benefit of being able to provide Outsourcery's assistance through a partner's own brand.

"We pride ourselves on our relationships with our channel partners and our dedication to their solution based needs. We work to develop their own proposition to meet their needs.

23 Jul Investec 176.00 Buy

Just up a little over 10% since the IPO on May 13 at 110. A little way to go to catch some of the other technology recent Ipo's. Average gain is 128%.

In Thursdays Shares mag -

company ipo date ipo price (p) current price as at 26/7 gain

Blur Oct - 12 82 280 242%

Escher Aug - 11 170 227 34%

Fusionex Dec - 12 150 330 120%

Incadea May -12 75 109 45%

Ubisense June 11 180 204 13%

Wandisco June - 12 180 952 429%

Provision of secure cloud service with Microsoft

RNS


RNS Number : 6058O

Outsourcery PLC

23 September 2013






23 September 2013



Outsourcery plc



Outsourcery to launch new high security IL3 compliant cloud services for UK government based on latest Microsoft cloud technology designs



Outsourcery plc (AIM: OUT, 'Outsourcery'), the pure-play provider of cloud-based IT and unified communications services (ICT), announces that it is taking part in Microsoft Corporation's (NASDAQ: MSFT) initiative to accelerate the offering of IL3 compliant cloud services through its cloud operating systems network. Outsourcery will deploy and manage a new platform to provide secure cloud-based services to UK government and commercial sector organisations with similar security requirements. Microsoft will offer direct technology design and implementation support to this new state of the art platform. This is the first initiative of its kind in the UK market.



The public sector opportunity for Cloud Service Providers (CSPs), such as Outsourcery, is significant as the government transitions to cloud-based services. Outsourcery is already a recognised supplier to the Government Procurement Service, an executive agency of the Cabinet Office, through the G-Cloud Framework, alongside a number of its reseller partners, which provides access to 30,000 public sector organisations. Outsourcery is already ISO 27001 (Information Security) accredited and is capable of deploying 'IL2' accredited solutions, which are typically suitable for local government.



However, UK central government departments can require solutions that are accredited to the more stringent 'IL3' security level, which requires additional security and it to be hosted within UK borders. The UK government has introduced a Public Cloud First Policy mandate, which means that departments are now mandated to consider public cloud first in any IT procurement. It also wishes to see more flexible contracts and the involvement of UK SMEs in the delivery of services.



The government's annual hosting cost is estimated to be worth £2bn and the opportunity for new IL3 based services to address that market and deliver savings is substantial. In order to complement its Public Cloud services Microsoft is working with Outsourcery to support the introduction of an IL3 accredited platform based on next generation technology and hosted in the UK. This will be wholly-owned and managed by Outsourcery.



Unique to the UK market, the platform, a physically separated version of Outsourcery's existing 'O-Cloud' platform, will provide infrastructure-as-a-service, applications including Exchange Server, SharePoint and Dynamics CRM and Lync Server based unified communications with full voice capability. The second phase of the offering will also include data storage, archiving, backup, followed by services for Big Data analytics. As the leading UK CSP, Outsourcery is particularly well-placed to provide the UK government with a complete set of cloud-based offerings.



The platform is due to be launched in 2014 and Outsourcery will be working closely with its existing and new reseller partners, many of which are well-established suppliers to the UK government, on its go to market strategy. Outsourcery is already working on responses to central government tenders with its larger partners that will require IL3 compliance.



Piers Linney, Outsourcery's Co-CEO, said:



"The deployment of an IL3 compliant version of our O-Cloud platform, powered by Microsoft, is a very significant development for Outsourcery and we expect it to represent a material revenue stream by the end of 2015, in addition to our existing commercial sector business. We will provide the UK government (as well as security sensitive commercial sector organisations) the broadest offering of IL3 compliant and fully integrated cloud-based services available in the UK that will span platform, applications, unified communications and Big Data storage and analytics.



"As well as the involvement of Microsoft, our large partners have been asking for such a capability as the government increasingly embraces cloud-based solutions for its ICT requirements."

Half Year Results

Highlights

· Admitted to AIM in May 2013
· Revenue up 23.5% to £2.1 million (2012: £1.7 million):

- recurring revenue of £1.5 million
- non-recurring revenue of £0.6 million

· Monthly recurring revenue ("MRR") at 30 June 2013 of £0.3 million, giving annualised recurring revenue ("ARR") of £3.3 million
· MRR grown to over £0.4 million at 31 August 2013, giving ARR of £5.1 million
· Adjusted EBITDA showed a loss of £3.2 million (2012: loss of £3.9 million)
· Gross cash at 30 June 2013 of £7.3 million (2012: £1.1 million)
· Monthly recurring revenue growth expectations on track for December 2013, underpinning the year end exit run rate, with increasing pipeline visibility for 2014
· Partner network more than doubled since IPO, now exceeds 370 signed partners
· New strategic partnership signed with Ingram Micro, the world's largest technology distributor
· Virgin Media Business unified communications offering launched in September 2013
· Partnership agreement with Microsoft Corporation signed in September 2013 to deploy first IL3 accredited secure cloud platform for UK public sector
· Now a pure-play Cloud business following disposal of mobile distribution business

,

LISTEN: Piers Linney, Co-Founder, Outsourcery Plc #OUT - Preliminary results

Click here to listen

"Dragons' Den's Piers Linney keeps feet on ground and head in the cloud"

Coverage in The Telegraph today is probably the reason for the jump in sp. Could be more to come this week, the potential seems to be pretty good.

Up another 30% so far today.

Another good day

IC -Investors tell Outsourcery,''IM Out''. Dragon's Den star Piers Linney is in the dungeon with investors after the collapse in the share price of his Aim-traded tech venture Outsourcery. So what happened? Sources close to Outsourcery adamantly deny the price move was based on recent trading activity or clumsy institutional investor selling, rather, they blame a wider sell-off in technology stocks. The aim tech index has retreated 20% since April, having more than doubled in the previous two years. But the two-thirds fall in Ousourcery's share price over the same period would suggest either something else may be going on, or the shares were wildly overvalued to start with.

I think I will go for the latter, overvalued to start with. Is it still overvalued? I'm really not sure. i don't hold any shares but OUT is on my watch list, the future could be very good but I will wait until the next set of figures before I make an offer!

Capital Markets Day Trading Update

RNS


RNS Number : 6922K

Outsourcery PLC

27 June 2014






27 June 2014



Outsourcery plc



("Outsourcery" or the "Group")



Capital Markets Day Trading Update





Outsourcery plc (AIM: OUT) ("Outsourcery", the "Company" or the "Group"), the leading Cloud Service Provider ("CSP") that helps organisations of any size to reduce costs, increase productivity and work better, is pleased to announce a trading update in advance of its capital markets day for analysts and investors, which is to be held on Monday, 30 June 2014.



This update provides a report on the Group's recent performance; measures being taken to advance this progress; and the Group's financing.





Capital Markets Day



Outsourcery is hosting a Capital Markets Day on Monday, 30 June 2014 for analysts and investors. The event will take place at Microsoft's London offices at Cardinal Place, 80-100 Victoria Street, London SW1E 5JL. During the event a series of presentations will be given by senior personnel from Outsourcery's partners and customers including Microsoft, HP, Vodafone, a mid-market reseller partner and London Business School. These presentations will cover the cloud opportunity and respective cloud strategies of these organisations and their decision to partner with Outsourcery in pursuing those strategies.



To register to attend this event, please contact FTI Consulting on the numbers below.





Trading Update



We have continued to experience steady progress in generating revenue from our partners in the Small and Medium sized Enterprise ("SME") space. As outlined in our Preliminary Results announcement of 19 March, however, it is the activation of revenue generation from our strategic Enterprise partner base and from our 'Secure O-Cloud' pipeline (formerly IL3) that will have the most material impact on revenue growth over the medium-term.



In recent months we have completed, as planned, a number of on-boarding and integration processes with large Enterprise. We are pleased to report that we now have increasing visibility on a growing pipeline of opportunities from both their large Enterprise and mid-market end-customers, some of which we expect to see close in the coming weeks. At the same time we are in discussions with new potential strategic partners with large customer bases, significant sales forces and material revenue opportunities.



However, in spite of the pipeline, and certain important contract wins that have taken place in the period, the large-scale pipeline build of our strategic partner channel has taken longer to ramp up due to delays finalising the necessary organisational, system and their sales force readiness. This will have an impact in the short term on the growth of our Monthly Recurring Revenue ("MRR") during the year and, consequently, an impact on our reported revenue result for this financial year.



In response to this slower than expected MRR growth, the Group has taken action to proactively align its cost base. As such, the Group believes it is still on track to deliver a normalised PBT performance for this financial year that is in-line with current market expectations. The Group has reviewed all aspects of its cost base and expect to produce additional annualised cost savings of c.£1.0m per year from next financial year.





Operational Progress



During the period, we have continued to work closely with Microsoft on the Secure O-Cloud (formerly IL3) platform build-out. We are pleased to report that the build-out is on schedule, within budget and due for completion next month with accreditation and launch is still expected before the year end. We are delighted by the number of inbound enquiries about the Secure O-Cloud we have received from new partners, some of whom we expect to become large strategic partners during H2 2014 with regard to this unique capability. We are also hiring specialist and experienced public sector sales personnel to promote adoption of the platform and senior management are engaging directly with government. This supports the decision to make this important investment which we continue to expect will contribute revenue during FY 15 and onwards.



We have also successfully continued to win business directly in certain areas for O-Cloud deployment. In line with our strategy to be the leading provider of Microsoft cloud services whether deployed on our platform or Microsoft's, we are pleased to announce a win of a 3,000 end-user Office365 deployment. This has led to Outsourcery achieving 'Cloud Deployment Partner' status with Microsoft for Office365 related solutions, which we typically aim to integrate with our own solutions.





Funding



The Board believes that the Group has sufficient cash resources for its immediate needs. The Board expects that the Group will achieve monthly cash flow breakeven during the course of H2 2015, at which point the Group should become strongly cash generative and see margins expand due to the high operational leverage inherent in the Group's business model at scale.



The Board is prudently reviewing a number of options that may improve the Group's cash resources over the medium term as the delay to the expected revenue growth will push out our monthly cash flow break-even point despite the additional identified cost savings.



The financing options include, but are not limited to:



· Revision, amendment and/or extension to existing debt facilities; and/or

· Investment by one or more of the Group's strategic partners; and/or

· Raising of additional equity finance



The Board will update the market on its progress in investigating these options during the course of July.

Got some this morning at 29.19p, as the retracement for the last couple days it seems was complete and today started to rise.

later on the day RNS
Ennismore Fund Management Limited

increased stake to 5.34%
from 1,358,759 to 1,847,395 - 5.34%

another good move up at the end of the day, it looks like it wants to move up from the recent lows and close to a double bottom