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/

hali - i don't know what BLUR actually do, and have almost taken WAND on trust, though i have an inkling there ...... on the other hand, similar aspersion were cast at BLNX, and though it took a while to become genuinely profitable, it now is, and the shares continue to track north (unlike TLW!)

cynic didn't you once say one should never buy shares in a company if you didn't understand what that company did?

i hope not :-)

cynic memory loss is the first sign of........

Q&A: Plenty of scope for continued explosive growth at blur Group

By John Harrington

January 10 2014, 10:19am
'We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us,' said blur boss, Philip Letts
"We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us," said blur boss, Philip Letts


Blur Group (LON:BLUR), the crowdsourcing specialist, has just seen shares rise to an all-time high, after the company rounded off 2013 with a record-breaking quarter.

Jeremy Naylor recently spoke to Philip Letts, blur’s chief executive, to review the firm’s many achievements in 2013.

Jeremy Naylor: This time last year, shares were 80 pence; they are now at 588. Explain a bit about what’s been happening.

Philip Letts: Blur Group’s had another strong year, and we’ve delivered on all of our key metrics. We obviously had very strong quarter-on-quarter growth; we had very strong growth year-on-year as well. We launched blur 3.0, which was our annual dot release for the platform, and that was extremely well received. We now have approaching 40,000 business users on the exchange.

I think s-commerce [services-commerce] is generally getting more and more accepted by small, medium and large businesses throughout the world. Our largest market, the US, has strengthened through the year; obviously the economy is doing extremely well. Europe, as our second market, is doing very nicely, and we’ve seen a really rapid growth of our newest market, which is the Asia Pacific region, through 2013; the second half in particular.

I think, like with most businesses, a good result from a share price perspective is really just a reflection of the performance of the business, and we’re very pleased with how we’ve done.

Jeremy: You talk about strong growth so it is worth highlighting the actual number, which was 1509% year-on-year growth in submitted project values. Now, are projects expected to continue to grow at this sort of run rate this year?

Philip: Yes, I mean I think for any business, if you see a 1500%+ growth in any of your core metrics, then that’s exceptional. Clearly we’re seeing network effects really drive, and the hockey stick is coming though.

That number reflects the total value of submitted projects in Q4 alone, over the year prior, and it stood at US$64 million worth of projects submitted in that quarter. Now, if you annualise that, just at a flat rate, if you annualise the US$64 million, that’s US$250 million worth of projects on an annual basis coming onto the platform, which is [for] a US$2 trillion+ industry - the services industry worldwide - that we cover. It’s still a rounding error, but it’s a very relevant rounding error, and one we can grow from strongly.

Jeremy: Project values have been growing as well. Explain a bit more about this.

Philip: Blur 3.0 was designed to be able to drive us from the SME [small to medium enterprises] sector into the early corporate sector, and we’ve absolutely seen the benefits of that. We’re now seeing larger customers giving us larger projects.

We’ve continued to increase the cap on the project value that you can submit automatically onto the exchange. Right up to now, we take anything from US$1000 services projects right up to US$5 million projects, and that’s worked very well, and all the support people, our customer care functions, I think they’ve been doing a really good job of helping usher larger projects and customers through the process, and we expect that trend to continue through 2014.

Jeremy: What are your key goals, then, for 2014?

Philip: The three core goals, really, our end, and they’ll probably be the same three core goals for many years... First and foremost, is to deliver on all of our core metrics and our financial targets; that’s what allows us to do everything else. We’ve always been very focused on that and we always will be very focused on that.

Then, secondly, is continued innovation. We’ll be launching blur 4.0, and that will be transformational, even over blur 3.0, which was really, clearly, a great development for us.

We’ll see s-commerce go deeper into the enterprise and enterprise extensions. We’ll see ourselves increasingly drive through mobile s-commerce. Then, last and by no means least, the key goal is to keep developing our people, growing our talent and developing our ecosystem, and that’s what we’ll focus on.

The more I read all through all this : the more puzzled I am as to what do they actually do?...Hey !...they have launched 3.0 !...they are now launching blur 4.0...going universal ?...or a day in the country ? (Exeter headquarters)...

It was mentioned by Blur, last year some time that Blur 4.0 will be launched this Summer i believe! They do put out there this forthcoming stuff for us to read!!!

Wouldn't the yellow pages do the same job ?

Are yellow pages in the 131 countries that the experts are. Nooooooooooo

yellow pages went out of business let's hope Blur doesn't follow suit.

$139,829,320

value of projects submitted

This SP to be rising like this since midday yesterday must be down to some really good news about to come out very soon!

Still no mention of any profits....hefty sp...

What bothers me is : that this could go to twenty quid......and I'm not in....aaaggghhh...

Another good day.

Closed up 11.72%

Blur (Group) PLC (BLUR:LSE) set a new 52-week high during today's trading session when it reached 674.20. Over this period, the share price is up 350.97%

YOU ACE IT. CHEERS DC.

Cheers BAYLIS.

Is this yet another Icarus or as somebody else would say "rocket and stick"?