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/

blur Group poised to become leader in US$1,100bn market
By John Harrington July 31 2013, 10:18am While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.While b2b e-commerce is already a multi-trillion dollar business, Liberum estimates that less than 1% of this is in the services sector, which is where blur is operating.

Fast-growing services-commerce operator blur Group (LON:BLUR) is catching the eye of the City, with broker Liberum Capital initiating coverage with a ‘buy’ recommendation.

The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.

“The evidence so far suggests that blur’s formula is working, attracting both buyers and sellers,” post Janardon Menon and Eoin Lambe at Liberum.

“Revenues are tripling in both 2012 and 2013E, the number of projects transacted is more than doubling annually and the average project value is steadily rising,” the Liberum crystal ball gazers note.

Liberum is forecasting revenues to rise at a 137% compound annual growth rate in the period to 2016, and reckons the business should be breaking even by 2015 before moving into profit in 2016.

“The US market is currently driving growth with increasing traction amongst larger corporations. We recommend building a position in this company which could become a leader in this segment,” Liberum advises.

It has a target price of 400p and says the stock is attractively priced versus its peers.

MIDAS SHARE TIPS: Shares in our technology tip Blur treble as City tunes in to group's potential

By Joanne Hart, Financial Mail On Sunday

PUBLISHED: 22:34, 20 July 2013 | UPDATED: 22:34, 20 July 2013



Blue is another firm at the forefront of technology with plenty of potential for growth. It runs a sophisticated online labour exchange, matching companies that need services with firms or individuals who can provide them.


It focuses on areas such as marketing, design, technology, law and accounting, and more than 28,000 specialists in these sectors have signed up to be part of Blur’s exchange.


Companies seeking help in these sectors put specific projects on the exchange, experts pitch for these online, a shortlist is drawn up and a company or individual is chosen to do the project.

Currently, Blur employees help in the selection process, but most of it takes place using technology. Chief executive Philip Letts says the process makes it simpler and cheaper for companies to manage projects and ensures that the end results are better than with traditional methods, which tend to involve either networks of contacts or laborious recruitment processes.



Project: Holiday resort group Butlins is a Blur client


Blur’s results suggest Letts is right. Since formal launch in 2010, more than 2,000 projects have been completed and clients include Butlins, language education group Berlitz, and betting group Coral.


Momentum is growing fast. In the three months to June 30, 410 new projects were submitted, against 182 in the same quarter last year.







More...
MIDAS SHARE TIPS: Video technology firm grabs eye of BBC and YouTube


The value of these projects tripled to more than £6million and the average project value doubled to £15,000.


The City appreciates this type of growth so Blur is one of the bestperforming shares of 2013. Recommended by Midas last December at 741⁄2p, the stock has more than tripled in value since to 274p.

Midas update: This year firms are expected to spend about £25million on professional services through Blur, a tiny fraction of the £1trillion that is spent globally each year. Yet Blur is expanding fast and every time a project is completed, the company gets a cut, so turnover should escalate over time. This is a fast-growing business that could really take off over the next three years. Investors should keep at least 75 per cent of their shares, while new ones could still see value at current levels.

Fast-growing services-commerce operator blur Group (LON:BLUR) is catching the eye of the City, with broker Liberum Capital initiating coverage with a ‘buy’ recommendation.

The crowd-sourcing pioneer, which runs an online business services exchange that matches up experts and project managers in need of expertise, is operating in an untapped market where the opportunity is substantial, according to the City broker.

“The evidence so far suggests that blur’s formula is working, attracting both buyers and sellers,” Liberum’s Janardon Menon and Eoin Lambe said.

“Revenues are tripling in both 2012 and 2013E, the number of projects transacted is more than doubling annually and the average project value is steadily rising,” the Liberum crystal ball gazers noted.

Liberum is forecasting revenues to rise at a 137% compound annual growth rate in the period to 2016, and reckons the business should be breaking even by 2015 before moving into profit in 2016.

“The US market is currently driving growth with increasing traction amongst larger corporations. We recommend building a position in this company which could become a leader in this segment,” Liberum advised.

It has a target price of 400p and says the stock is attractively priced versus its peers.




http://www.proactiveinvestors.co.uk/columns/broker-spotlight/13714/broker-round-up-ii-immupharma-blur-group-statpro-13714.html

31 Jul Liberum Capital 400.00 Buy

Trading Update

RNS


RNS Number : 9928J

blur (Group) plc

24 July 2013

blur (Group) plc

("blur" the "Group" or the "Company")
Trading Update
blur (Group) Plc (BLUR), the technology company that's reinventing commerce at blurgroup.com, confirms strong revenue growth in the first half of the year to 30 June 2013. The management is pleased that the growth of the business is developing to plan and the Board is therefore confident of a positive outcome to the year.



The Company has seen a further acceleration at the start of Q3. Total projects on the exchange have reached over 2,300 with the total value of projects submitted above $36 million. There are now over 30,000 businesses using the Global Services Exchange with almost 1,200 new businesses adopting blur's s-commerce platform on a monthly basis.



blur has this month opened its first regional Exchange Support team in Dallas, supporting the strong US growth seen to date, and begun hiring at its new R&D Centre in Exeter, UK.



Philip Letts, CEO blur Group commented, "As indicated by our strong Q1 and Q2 metrics, we have had an excellent start to the year and the Board is confident this will result in a positive outcome for the year as a whole. We are using the funds from the recent secondary fundraise to invest in further infrastructure to support accelerated growth and are delighted to welcome new members of the team at our new R&D Centre in Exeter and Exchange Support team in Dallas. We are confident that we have the right proposition and people to capitalise on our first mover advantage in the $2 trillion+ s-commerce marketplace."



-ENDS-

A buy in this weeks Shares.One of five summer scorchers.

Global services exchange business blur (BLUR:AIM) came out of the blocks a little slowly but the shares have been on a Usain Bolt-likesprint through 2013.Blur is attempting to become the amazon of professional service, with a vision that coud see as many as 100,000 briefs flowing across its platform by 2020. The share could fire to 350p and beyond.

Blur (Group) PLC (BLUR:LSE) set a new high during today's trading session when it reached 292.00. Since the IPO on Oct 05, 2012, the share price is up 244.54%.

Increase in Global Services Exchange project bands

RNS


RNS Number : 1132L

blur (Group) plc

07 August 2013








7 August 2013

blur (Group) Plc

("blur Group" or the "Company")



blur Group steps up to deliver $5m+ projects



blur Group - the company that is reinventing commerce at blurgroup.com - today announces that it will be increasing the project bands on the Global Services Exchange to receive projects over $5m, ahead of schedule.



When blur 3.0 was launched in April 2013, the project band sizes were increased to be able to facilitate individual projects of up to $1m. Following this, the Company has seen an increasing flow of projects between the $500,000 - $1m mark. Now the upper cap has been adjusted to $5m, to enable larger businesses and project sizes to run through the Exchange and gain the benefits of s-commerce.



blur Group CEO, Philip Letts explained: 'Following our oversubscribed round of secondary fundraising, we had said that we were going to use some of the funds to help us attract new and larger businesses to the Global Services Exchange. Since the launch of blur 3.0, we have had a strong flow of larger projects so we are now increasing the project ranges to $5m+. With the continued consolidation of large service providers ringing alarm bells globally, the Exchange is providing a powerful alternative for businesses wanting efficient services solutions appropriate for the digital age. This demand has therefore accelerated a platform change ahead of schedule. This increase helps us continue to create a global meritocracy online, whereby companies and providers of different sizes can work together to deliver best results."



-ENDS-

Blur (Group) PLC (BLUR:LSE) set a new high during today's trading session when it reached 314.00. Since the IPO on Oct 05, 2012, the share price is up 265.78%.

up 8%

Can't believe I forgot to tell skinny about these !

:-)

A page in shares mag written by Phillip Lettts (Ceo) - Why aim is bang on target for technology companies. Blur at the time of print was up 242% from the ipo date on Oct 12 of 82p. (SP up higher this week) He talks of a goal of a billion -dollar company by 2020. :-))

Still don't know what they do but hey ho who cares :-)

650p target on a ta basis ... wot u reckon Limpy ?

lol Dil. Sounds like you put half a dozen company names on a dart board and threw a dart blind folded.

Have a look at the video below, will tell you about the company you are invested in.


An Introduction to blur Group
http://blurgroup.com/about/

New senior management roles support global growth

RNS


RNS Number : 0427M

blur (Group) plc

20 August 2013








20 August 2013

RNS Reach

blur (Group) Plc

("blur Group" or the "Company")



blur Group Announces Three New Senior Management Roles to support the global growth of the Exchange



Roles of Chief Commercial Officer, General Manager for EMEA and Chief Community Officer to be created by the international technology company





blur Group, the company that is reinventing commerce at blurgroup.com, has today announced a restructuring of the organisation to strengthen its operational team across all regions, supporting the global growth of the Exchange. Gerry Gross moves to Chief Commercial Officer, Sat Ramewal to EMEA General Manager and Kara Cardinale to Chief Community Officer. Each Head of Division will report into Philip Letts, CEO.



As Chief Commercial Officer, Gerry Gross will have responsibility for managing all corporate sales, Exchange Support across the globe and a newly created regional MarComms function.



Kara Cardinale is set to become blur Group's Chief Community Officer, with responsibility for Customer Experience, Community Management, HR, Talent Recruitment and payment functions.



Sat Ramewal, former EMEA Business Development Director, is to become the EMEA General Manager. The new role will include managing all Corporate Sales, Exchange Support and MarComms across the EMEA section.



Philip Letts, CEO, commented, "We have achieved $42 million in terms of total value of projects submitted to the Exchange. As the business continues to expand, we need to ensure that we are supporting our middle level teams who are responsible for educating companies to our philosophy and supporting our customers all around the globe. We believe that these appointments will help us do so."





-ENDS-

Broker Spotlight

The splendidly named Ms Stormont was also banging the drum for blur Group (LON:BLUR), the fast growing business services exchange operator.

The company said on Tuesday morning it has created three senior management roles to support the global growth of the exchange.

blur’s growth potential is mapped out by broker N+1 Singer, which expects revenues to increase 170% in 2014 and double from there the following year. “Our expectations are supported by continuing strong metrics,” it added in a note earlier Tuesday.


http://www.proactiveinvestors.co.uk/columns/broker-spotlight/13897/broker-spotlight-ii-minera-irl-probability-chariot-oil-blur-top-level-tertiary-minerals--13897.html

Milestones show accelerated growth of s-commerce

RNS


RNS Number : 2416M

blur (Group) plc

22 August 2013








22 August 2013

blur (Group) Plc

("blur Group" or the "Company")



blur Group shows accelerated global growth of s-commerce



This week, blur Group, the company that is reinventing commerce at blurgroup.com, has passed more significant milestones on its platform as the rate of s-commerce adoption increases. In the last year alone 1,500 projects have started, bringing the total to over 2,500 and the total value of these projects has increased to over $42m.



Recent projects on the Exchange have shown the increasing demand for higher-value projects to be delivered using s-commerce. These include a $500,000 design and technology project for developing an online community, a $750,000 marketing project for a property development group and a $750,000 streaming video application for a media company. Larger enterprise customers include a major baby food manufacturer and a global healthcare company, further establishing blur's applicability for all sizes of business and enhancing the appeal for service providers to switch to using s-commerce for new business.



'It took us nearly four years to reach 1,000 projects. The fact that we have now reached 2,500 less than a year later shows an ever increasing, global appetite for s-commerce', said blur Group CEO Philip Letts. 'We always knew that the business would become global very quickly. Our 30,000 service providers come from across 141 different countries, meaning that our customers have the opportunity to work with anyone across the globe and our rapidly growing affiliate program provides more scalable growth in new regions.'



Lewis Owens, Strategic Market Development Manager Owen Mumford, commented: 'We adopted the s-commerce platform over the past year and have never looked back. We have used it for four very different projects. Each time it's been a simple process and provided beneficial results.'



Milestones reached:



● 2,500 projects started on the Exchange. Just one year since announcing it had passed 1,000 projects, the project counter has now passed 2,500.



● The total project value has now passed $42m. Currently total project value is $42,138,439 which means $21,892,212 received in total project value in 2013.

● Over 30,000 expert service providers, from 141 different countries.

● blur Group's partner program now has over 200 affiliates from 36 countries.



-ENDS-

Blur’s total project value doubles in 2013
By Jamie Nimmo August 22 2013, 7:21am



Blur’s larger customers include a major baby food manufacturer and a global healthcare companyBlur’s larger customers include a major baby food manufacturer and a global healthcare company

Crowdsourcing specialist blur Group (LON:BLUR) has seen the total value of its projects more than double in 2013 as appetite grows for its s-commerce platform.

The company, whose shares have proved a hit with investors since it listed on AIM last October, has received $21.9 million in total project value in 2013, taking the total since the company’s birth to $42.1mln.

It also revealed that 2,500 projects have now been started on its Global Services Exchange, just a year after revealing it had passed the 1,000 mark.

“It took us nearly four years to reach 1,000 projects. The fact that we have now reached 2,500 less than a year later shows an ever increasing, global appetite for s-commerce,” said chief executive Philip Letts.

“We always knew that the business would become global very quickly. Our 30,000 service providers come from across 141 different countries, meaning that our customers have the opportunity to work with anyone across the globe and our rapidly growing affiliate program provides more scalable growth in new regions.”

Blur’s larger customers include a major baby food manufacturer and a global healthcare