eg solutions buoyant on back of contract wins

STAFFORD back office software supplier eg solutions says trading is in line with expectatio following a number of key contract wins.

In a trading update for the six months ending July 31, the firm said strong trading is a reflection of the underlying strength of the back office optimisation market.

During the period the company continued to expand its user base, winning new contracts from existing and new customers, whilst implementing projects won towards the end of the last financial year.

In addition, it completed a number of pilot projects which achieved the anticipated benefit targets for clients. These projects have potential for roll-outs which will benefit the company’s financial performance for the full-year and beyond, it said.

During the period it won a new contract from BGL Group for the eg operational intelligence suite for a total of 1,000 back office and call centre users as well as a £340,000 contract from an existing client.

eg has recently entered into an OEM and partner agreement with Cicero Inc to provide the data capture functionality for eg operational intelligence.

The Cicero software replaces the failed component previously provided by another company.