Blur Group secures contract extension with FTSE 250 retail group

The AIM-listed enterprise services platform and marketplace said the new contract will focus on the procurement of system and infrastructure monitoring and data integration services through Blur's platform.

Blur said the customer expects to save significant time and costs.

Chief executive officer Philip Letts said: “This is a strong vindication of our transition to our Enterprise strategy, which we worked hard to complete in 2015. This contract win also demonstrates that business leaders and large corporates are increasingly acknowledging the need to prioritise their unmanaged, indirect business services spend and recognise that Blur's platform offers an efficient and agile solution to drive new efficiencies within indirect spend.

“This new contract underpins current market expectations and we will continue to focus on our Enterprise strategy and on acquiring loyal accounts with repeat business. We remain convinced that this is key to our future success."