1st Mar 2021 12:14
Parity Group PLC - London-based data and technology-focused professional services company - Wins a number of new contracts. Enters partnerships with IFS, a cloud enterprise resource planning solutions company, and Cedar Bay, a partner in the IFS ecosystem, to supply skilled data and digital resources. Says it has been appointed as a partner to help connect a "prominent" unnamed retailer with the data and digital resources it requires to support its transformation and growth plans across UK and Europe. Adds it won a contract within the public sector to supply data talent for NHS Digital projects and received an extension of engagement with human resources platform specialist Resilience Engine. Notes these all amount to an estimated GBP400,000 in new net revenue.
"These contract wins and extensions are testament to our deep expertise and experience in this area and our ability to flexibly address the challenges facing major institutions as they undergo digital transformations. This provides us with further confidence in our strategic focus and vision for the company and the positive changes we have made over the last two years," says Chief Executive Matthew Bayfield.
Current stock price: 11.00 pence, up 7.3% on Monday
Year-to-date change: up 22%
By Zoe Wickens; [email protected]
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