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14 Jun 2019 | 07:29

Cerillion wins contract with Danish company worth £5.1m

Customer relationship management software provider Cerillion secured a contract worth an initial £5.1m with the Danish telecom and utility company, SE Group. SE Group, Denmark's second largest provider of broadband and television, provided telecoms and TV services through its two brands, Stofa and Boxer. The contract covered the supply and installation of Cerillion's enterprise BSS/OSS software suite, which covered provision of back office and operational support systems, including CRM, billing, order management, workflow, network provisioning and self-care functionality.

A significant proportion of revenue would be recognised in the current financial year, reflecting the software licence element of the contract, and the initial implementation would be delivered over the next 12-18 months, the company said. This new win, reflecting the Company's trend towards larger deal sizes, supports existing market forecasts.

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