Rosslyn Data Technologies PLC (LON:RDT) has announced that it has secured a data analytics contract worth over US$650,000. The contract is set to cover three years with US$250,000 to be billed in the first year and US$200,000 per annum in the following years. In addition, the contract includes an option to extend beyond its three-year duration.

Rosslyn Data Technologies is a leading global big data company that provides data extraction, data cleansing and data enrichment technologies to its clients. Rosslyn’s RAPid platform is the primary product the company offers. Its customers are multinational and include Coca-Cola Enterprises, Babcock Corporate Services PLC and Xerox Business Services.

The client Rosslyn Data Technologies have secured a contract with is a high profile global defence, aerospace and security company. It operates in a complex technology landscape and covers a wide range of companies and geographies and a mass of data repositories and systems. Rosslyn’s RAPid platform will be used to implement the project in less than eight weeks. Implementing the project in such a quick period demonstrates the power of Rosslyn’s award-winning analytics platform.

CEO Roger Bullen said: “I am delighted that Rosslyn, through our partner program, has won another high profile client in a competitive and demanding process. Our focus on the complex data analytics market continues to deliver a number of opportunities and this extremely important win demonstrates the continued demand for our data services in this growing sector.

“Being selected by this leading company shows that our RAPid Analytics Platform is the technology of choice for companies serious about leveraging the value of their data in order to improve business performance. This win also underpins the progress we are making in increasing our average annual contract value, which is continuing to grow.”