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Rosslyn Data Technologies teams up with Genpact

Published: 08:16 14 Aug 2015 BST

Big-data
Rosslyn is a specialist in data analytics.

Rosslyn Data Technologies (LON:RDT) has teamed up with Genpact (NYSE: G), a US$4bn outsourcing and technology specialist listed on the New York Stock Exchange.

Genpact will add Rosslyn’s RAPid big data cloud-based analytics system with its own suit of products.

"We are excited to partner with Genpact and combine its deep process expertise, experience in consulting, and execution of support services with our big data cloud analytics platform which supports complex data preparation and best-in-class spend analytics," said Rosslyn chief executive Charles Clark.

The company’s technology is gaining significant traction.

Last week its shares rose almost 10% after it revealed it had won a contract with an unnamed Fortune 500 company that will replace its own analytics platform with Rosslyn’s RAPid system.

In the same announcement it said it had landed as customers two FTSE 100 companies and one in the FTSE 250. Together they had a combined contract value of £300,000 with “good potential upside”.

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