blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. As of July 2013, more than 30,000 businesses in 141 countries have adopted this s-commerce platform and changed the way they work. 100 projects per month from companies like Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco are received. Over the same time, average brief value has grown from around US$1,500 in 2010 to US$10,800 in the first quarter of 2013. By mid-2013, more than 2,200 projects had been submitted with a combined value of over US$35 million. These have come from the US, UK, Europe, Africa and Asia with over 28,000 expert service providers on eight exchanges responding to them


http://blurgroup.com/

Just been revised back down to 105,607 dont know why that happens, anyone know
why ??

Kevkan, My take on the counter. As it states its the value of projects submitted .

The client submits their brief of the project to be undertaken and the experts pitch for that business. Blur then choose the best pitches and seem to manage the project in various ways. So it looks like the counter adds the project on very early on in the stage of the cycle. My guess is that the client looking for the project to be done does not have to accept the companies chosen and can withdraw. There must be a point in the cycle where the sort of contract becomes binding, may be after you give your preference of who will carry out your project ?. So perhaps something like the above goes on and then the counter has to be re-adjusted. Just guessing.

Cheers bud that makes sense

blurGroup

by Will van Wyngaarden

16 December, 2013




We’re not the only ones interested in the potential of Exeter as ITV reports on blur’s new HQ and the Silicon Valley parallels.

With interviews with both blur Group CEO Philip Letts and Ben Bradshaw, the MP for Exeter, it’s an interesting watch. Plus there’s some great footage showing the interior of the new office and the blur staff hard at work.




http://blurgroup.com/blog/2013/12/16/itv-reports-on-blurs-hq-move-to-exeter/

Mobile Launch and Project Milestone

RNS


RNS Number : 6899V

blur (Group) plc

17 December 2013






RNS REACH

17th December 2013

blur (Group) Plc

("blur Group" or the "Company")





s-commerce sector's already-stellar growth set to accelerate as blur

Group's Exchange goes mobile



2,000 projects milestone demonstrates accelerating annual run rate





blur Group, the company that is reinventing commerce at blurgroup.com, announces today that s-commerce (or services-commerce) will be going fully mobile. The news comes as blur celebrates another major milestone - its 2,000th project submitted to the Exchange in 2013. By way of comparison in blur's first full trading year, in 2010, under 200 projects were submitted.



To ensure that this growth rate can continue the first phase of an immersive mobile experience launched this week. Customers can now start their projects on the Exchange through a buying experience that is optimised across common device formats from PC to tablets and smartphones.



Further planned releases in 2014 will extend the mobile experience by allowing both customers and service providers to manage the key aspects of their projects, including collaboration, project delivery and billing, regardless of operating system or device.



Philip Letts, Founder and CEO, commented,"This is great news for the growth of s-commerce as a sector giving our customers the ability to start projects on the move. Today there are 5 billion mobile phone users worldwide of which 1.5 billion use a smartphone. It is expected that by the end of 2014 there will be around 2 billion smartphone users - all of whom can now enjoy the benefits of s-commerce."



Looking to the future he concluded, "Our success centers around the technology that blur is pioneering - it means that as we take on progressively larger projects they can have just as simple and streamlined a process to execute as for smaller submissions. There's almost no limit to the size or quantity of projects we can take on."





How does it work?

Customers simply tap blurgroup.com into their smartphone browser to see the mobile version. blur's servers detect which device is being used and customers can start their project right away using the streamlined mobile brief app.

blur Group: Panmure Gordon ups target price from 677p to 690p and retains a buy recommendation.

UPDATE - blur Group upwardly mobile

By Jamie Nimmo

December 17 2013, 8:31am
blur's Global Services Exchange has been optimised to suit common device formats to make it easier to use
blur's Global Services Exchange has been optimised to suit common device formats to make it easier to use


--ADDS BROKER COMMENT AND SHARE PRICE---

Blur Group (LON:BLUR) has revealed it is taking its s-commerce platform fully mobile this week.

The group’s Global Services Exchange has been optimised to suit common device formats to make it easier to use.

More releases are planned in 2014 to allow customers and service providers to manage their projects regardless of the operating system or mobile device.

“This is great news for the growth of s-commerce as a sector giving our customers the ability to start projects on the move,” said founder and chief executive Philip Letts.

“Today there are five billion mobile phone users worldwide of which 1.5 billion use a smartphone. It is expected that by the end of 2014 there will be around two billion smartphone users - all of whom can now enjoy the benefits of s-commerce.”

It corresponds with the 2,000th project submitted to the exchange in 2013. To put this into perspective, blur said less than 200 projects were submitted in 2010, its first full year of business.

Broker N+1 Singer said the news should support its expectations of exponential growth in the business.

"It is worth noting that the trading platform is reporting US$106.3mln of value of projects submitted to date, which implies the value of projects submitted in Q4’13 so far is US$55.5mln. This compares against US$17.3mln submitted in Q3’13 and US$9.4mln in Q2’13," said N+1 Singer analyst Tintin Stormont.

"Whilst conversion of projects submitted is a very important metric that drives revenues, this rate of increase at the 'top of the funnel' is highly positive and indicative of the strong momentum the group is seeing," she added.

"Mobile is one of the strongest technology themes playing out in the sector as devices become more powerful and connectivity speeds continue to improve. This is a natural extension to the group’s platform and should accelerate s-commerce adoption even further," Stormont opined.

"We remain of the view that blur’s growth prospects and disruptive offering make it one of the most exciting companies in the sector," she concluded.

Share in blur were up 1.4% to 456.5p in early deals.

blur Group: Panmure Gordon ups target price from 677p to 690p and retains a buy recommendation

blur Group, the company that is reinventing commerce at blurgroup.com, announces today that s-commerce (or services-commerce) will be going fully mobile. The news comes as blur celebrates another major milestone - its 2,000th project submitted to the Exchange in 2013. By way of comparison in blur's first full trading year, in 2010, under 200 projects were submitted.


To ensure that this growth rate can continue the first phase of an immersive mobile experience launched this week. Customers can now start their projects on the Exchange through a buying experience that is optimised across common device formats from PC to tablets and smartphones.

Further planned releases in 2014 will extend the mobile experience by allowing both customers and service providers to manage the key aspects of their projects, including collaboration, project delivery and billing, regardless of operating system or device.

$107,456,460

value of projects submitted

Flip Guy's have you seen the latest scores on the door, $112, 577 & 110 , this going from strength - bloody strength, and I not complaining!! Happy Xmas to you all!

Closed up 6%

Shares = blur goes mobile

Business services exchange continues to set new growth milestones


Professional services exchange specialist blur (BLUR:AIM) looks set to beat market expectations after hitting its two-thousandth project ahead of schedule. Analysts are revisiting their spreadsheets to assess the impact on 2013 and 2014 revenues and the more bullish estimates value the company at more than £200 million, to imply more than 50% share price upside through 2014.

According to analysts at N+1 Singer, the value of projects submitted across blur’s e-commerce platform is $106.3 million. A swift calculation suggests at least $55.5 million in new business has been submitted in the October-to-December quarter. This demonstrates the sort of rapid acceleration in project volumes this year that validates the £134 million cap’s business model. Submitted projects in the July to September third quarter totted up to $17.3 million, while the equivalent figure stood at $9.4 million in the April-to-June period.

‘This rate of increase at the top of the funnel is highly positive and indicative of the strong momentum the group is seeing,’ says N+1 Singer. ‘blur is also celebrating its 2,000th project submitted to the exchange in 2013 – to put this into context, in its first full year of trading in 2010, under 200 projects were submitted.



Hoping to capitalise on the flood of projects across its exchange Blur is also launching a new mobile application. This represents a first phase that will allow users to list projects on the exchange, or bid for work, through a buying experience that is optimised for smartphones and tablets as well as PCs. This plays into the immersive mobile experience theme where exchange functionality will allow customers to quickly check the status of projects on their smartphone or tablet from anywhere.

Broker N+1 Singer had been anticipating project-based revenues of $9.5 million this year although this now looks conservative. The broker expects income to surge to $24.6 million next year before roughly doubling in 2015 to $48.2 million, the trigger point at which operational leverage should see blur record its first-ever profit, currently estimated at $800,000. The Exeter-headquartered firm’s momentum suggests this forecast could well be beaten too.

Buy

A trading update in mid-January could be the next catalyst for forecast upgrades and the consensus looks right to expect further share price gains from the 452p mark.

Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 511.70. Over this period, the share price is up 556.03%

Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 520.00. Over this period, the share price is up 557.69%.


$112,970,410

value of projects submitted




Year End: 31 December 2013

blur (group) Plc Trading Update Round about the 25th Jan 2014

Featured in this weeks Midas tips -

Our top performer was online labour exchange Blur Group. Initially tipped at 741⁄2p last December, Blur was recommended again in July at 274p, since when it has almost doubled to 516p.

Top performance: Most of the shares recommended by Midas this year have risen by at least 15 per cent

The group matches companies that need particular services, such as marketing, design and technology, with firms or individuals that can provide them. Online auctions are organised to keep down costs for companies and strict timetables are set to encourage suppliers to deliver on time and on budget.

Blur has grown exponentially since it was founded just three years ago by entrepreneur Philip Letts, and brokers predict further strong growth in the years ahead. However, investors have done exceptionally well and now might be a good time to bank some profits and sell half their shares.

given the pathetically thin trading in this stock, it will be interesting to see how sharply the price falls and/or the margin widens if there is even a modicum of selling pressure

What about the price going up, as this seems to be the call at present.

same can apply of course

Very important to invest early on in a company with great prospect. There is risk, yes.
No I would not buy into this company at this price. My view, do your research, invest early to build a safety cushion below the sp and top slice removing my initial investment.

Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 547.00. Over this period, the share price is up 601.28