SysGroup PLC (AIM:SYS, AQSE:SYS) shares jumped 14% after announcing a new AI-baed strategic partnership.
The cloud, data, and security services specialist is now a trusted machine learning partner for Softcat (LSE:SCT) PLC, a UK IT solutions provider.
Ongoing projects with a leading independent pension and investment management firm highlight the partnership's potential.
"By combining our strengths with Softcat (LSE:SCT)'s industry-leading expertise, we can offer comprehensive and cutting-edge solutions that drive efficiency and innovation for our customers," said SysGroup's chairman Heejae Chae.
In early trading, the stock was up 4.25p at 35.25p.