Software supplier secures major public sector contract

Staffordshire back office software supplier eg solutions has continued to cheer investors with the announcement of a new contract win.

The Dunston-based firm has signed a £692,000 agreement to supply its operational intelligence to a public sector organisation. Approximately £500,000 of revenues from the contract will be recognisable in the current financial year.

The announcement comes just days after the firm revealed that it had achieved a record second half trading performance and had a large pipeline of contracts for the coming year.

The announcement saw the AIM-listed firm’s shares rise more than 25% in trading on the London Stock Exchange.

The contract has been won in partnership with the provider of the company’s managed cloud service platform, GCI, with whom eg has been a partner since 2012.

The contract is the first under a new partnership agreement wherein eg and GCI will work together to market the company’s software to public sector organisations and GCI’s own clients. 

GCI is one of the UK’s leading managed service providers, with core capabilities in UCaaS, Cloud, Security & Compliance, and Network & Infrastructure.
 
Elizabeth Gooch, CEO of eg solutions said: “I am delighted that our partnership with GCI is now moving beyond provision of our hosting platform. We expect that the promotion of our solutions both within the public sector and to GCI’s existing client base will be equally successful.”
 
Adrian Thirkill, CEO of GCI, added: “This new and exciting partnership between eg and GCI underpins the joint width and depth of our combined UKGOV accreditations, enabling end to end deployment of ‘Digital Transformation’ from two exciting, fast-growing UK companies.

“The new contract demonstrates the ability for UK owned technology businesses to deliver results to UKGOV organisations, and a clear departure from the giant corporation contracts of yesterday.”