Rosslyn Data Technologies plc is the holding company for the Rosslyn Data Technologies Group. Rosslyn Analytics Limited and Rosslyn Analytics Incorporated are the operating companies of Rosslyn Data Technologies Group.


Operational Highlights

· Rosslyn provides analytical services to clients through a single Cloud platform with the key product being its RAPid platform. The RAPid analytics platform was developed in house and replicates, in the cloud, traditional analytics technologies by automating key data management tasks, reducing complexity and most importantly, the Company's directors (the "Directors") believe, reducing deployment times and saving substantial costs compared with on-premise solutions / point products.

· The RAPid platform is a Company-wide big data platform that allows organisations to address big data business challenges. The Directors believe that the real benefit of the platform (versus point products) is the ability to start with one capability and easily add others over a big data journey, whether it's based upon transactions, social media or mobile computing. Furthermore, the platform enables organisations to integrate and prepare its data prior to analytics which, the Directors believe is then enhanced and made easier by machine learning technologies. Rosslyn's clients can run a range of analytics, and use dashboards to observe and plan and employ predictive analytic capabilities.

· The Directors believe that there is growing demand for self-service analytics software products. As data analysis becomes more mainstream, the Directors believe that every business that wishes to pursue data-driven decisions, at scale, will need to develop cost-effective analytical capabilities and processes.

· The overall cloud analytics market stands with a total revenue of $4.3 billion in 2012, and is expected to grow to $16.5 billion at a compound annual growth rate (''CAGR'') of 25.8 per cent. from 2013 to 2018. This growth is due to high adoption of cloud analytics solutions among small as well as large enterprises. Analytics solutions and cloud business intelligence tools are expected to grow with a high CAGR of 31.6 per cent. and 31.4 per cent. respectively.

· The Company counts many high-profile customers amongst its client base including Xerox Business Services, Babcock Corporate Services, BG International Ltd, 3M United Kingdom Plc, Rexam plc and Coca-Cola Enterprises, Inc. The Company has dealt with approximately 14 per cent. of the companies within the FTSE 100 as at March 2014.

· In the year ended 30 April 2013, Rosslyn's business generated revenue of approximately £1.84 million, and generated a gross profit of approximately £1.59m.

http://www.rosslynanalytics.com/

Released : 05/08/2015

RNS Number : 1063V
Rosslyn Data Technologies PLC
05 August 2015



5 August 2015

Rosslyn Data Technologies plc
("Rosslyn", the "Company" or the "Group")

Contract Wins

Rosslyn Data Technologies plc (AIM: RDT), a leading global big data technology company, is pleased to announce that it has recently won a milestone contract which, the Board believes, demonstrates the scalability and applicability of Rosslyn's platform.

The contract is with a large global enterprise in the Fortune 500. This enterprise has chosen the RAPid Big Data cloud analytics platform to replace an incumbent analytics solution to support an increasing need to include analytics, as a value-add layer, to its existing services for the enterprise's largest clients across several industry verticals. Over the next few months, Rosslyn will be working closely with this new partner to develop and deploy four instances of an application that will enable the analysis of operational data, providing insight into business critical Service Level Agreements between the partner and their clients.

Upon completion of the first phase of the contract, it is anticipated that several further projects will be initiated and this will continue in line with the client's expanding business needs. The initial four deployments are expected to be expanded to enable the partner and their clients to have greater access and vision into the breadth of their data which, Rosslyn believes, is currently underutilized.

This contract represents a multi-year engagement with the first 4 deployments having a contract value of approximately £200,000. Once the Rosslyn platform is integrated into the enterprise, Rosslyn expects to integrate the remaining clients incrementally.

Charles Clark, CEO said:

"This is an excellent step forward for the team and our technology. Our partner's decision to switch from an existing platform, that is so vital to their operations and service delivery, is a credible achievement for Rosslyn and is a significant step towards demonstrating the scalability and broad applicability of our platform and the technologies that our team has developed. It further evidences that cloud analytics is moving from the peripheral to the centre ground where we will increasingly compete for large projects which were once the protected domain of the traditional on-premise players. Rosslyn is well placed to play a significant part in this shift in technology adoption and establish RAPid platform as a mainstream enterprise analytics platform."

Elsewhere the firm continues to make good progress since the year end in April winning a good number of new clients whilst we are pleased to see the expansion revenue in existing clients increase in line with our plans.

The most notable new client wins have been 2 in the FTSE 100 and 1 in FTSE 250. These have a combined initial contract value of over £300,000 with good upside potential.

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