19th Dec 2012 07:00
December 19th, 2012
blur (Group) plc
("blur," the "Group" or the "Company")
The Global Services Exchange becomes the go-to for tech companies
$2m brief values submitted this year
blur (Group) plc, (LSE AIM: BLUR), operator of the Global Services Exchange at blurgroup.com, today announced that technology companies have been the top users of the Exchange this year.
This year brief values from this sector alone have topped $2m and accounted for over 10% of the total number of projects briefed to the Exchange. These include companies such as Broadridge, a US payments technology and infrastructure provider, which has now used the Exchange for multiple video, design and apps development projects in the last three months.
As with all sectors briefed through the Exchange, the customer profile is global, with companies from the UK, US, Sweden and Australia, including Servage, Opentext, Thrive, Equisys using the Exchange. Typical projects include:
● Developing websites and branding for a tech firm that specializes in using technology to promote social change and support innovation in developing regions
● e-marketing, SEO and PPC campaigns for Servage
● Shutl, a recent winner of the Wonga 50 has just briefed the Exchange for a technology development project
The technology sector is a significant contributor to trading on the Exchange where nearly $20m of projects in total have now been briefed. As well as tech customers, blur Group also launched blur-technology.com this year, enabling tech firms to be service providers for technology projects submitted to the Exchange.
Philip Letts, CEO blur (Group) plc, said "Technology businesses understand the Exchange. For the first time they have a tech platform to deliver their services - it's an approach that plays to their way of doing business, and our cloud leadership provides them with a global and efficient solution to their needs. We've announced some big name users of the Exchange recently and are confident that tech businesses will be one of our main markets moving forward."
ENDS
For further information please contact:
blur (Group) plc www.blurgroup.com
Philip Letts, CEO/Dorothy Mead 020 3176 0548
N+1 Singer 020 7496 3000
Shaun Dobson/Matt Thomas
Newgate Threadneedle 020 7653 9850
Josh Royston/Caroline Evans-Jones/Hilary Millar
About blur (Group) plc at blurgroup.com
blur owns and operates online exchanges where businesses in any country can buy, sell and pay for business services like marketing, advertising and technology. Businesses brief projects and expert service providers pitch for the project and the entire process runs online right through to project delivery and payment.
In early 2010, when the Exchange formally launched, just over three briefs per month were submitted. In Q3 2012 this had risen to around 70 per month from companies like the AA, Coral, Exceed, Fantasy World, Red Commerce, Harvey Nichols, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco. Over the same time, average brief value has grown from approximately $1,500 in 2010 to an average for 2012 YTD of $11,500. Now more than 1,300 briefs have been submitted with a combined brief value of over $19 million, with these briefs coming from the US, UK, Europe, Africa and Asia.
Today, blur Group has over 23,000 experts, agencies and service provider firms in over 133 countries on six crowd platforms who benefit from networking, peer advice as well as new business opportunities. All are reviewed and approved by the Group's Exchange Support executives before joining. The Company is also building crowds of experts for legal and accounting services, with a view to accepting briefs for these services in H1 2013.
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