Cloudcall secures 'major' three-year contract with Vaco
By Iain Gilbert
Date: Monday 24 Feb 2020
(Sharecast News) - Integrated communications company Cloudcall has scored a major three-year contract win with global talent and solutions firm Vaco.
Cloudcall will provide its integrated telephony service to Vaco's thousand-plus employees in quarterly tranches over the coming 18 months.
The AIM-listed group noted that the "extended implementation period" for the contract meant that resulting revenues would be spread throughout 2020 and into 2021.
Cloudcall added that while still early on in the 2020 financial year, the Vaco contract was "an important win" for the group - demonstrating the strength of its offering and leaving its board confident of achieving its full-year guidance.
Chief executive Simon Cleaver said: "I'm delighted that this large, well respected and forward-looking talent company selected CloudCall.
"It's a considerable testament to the quality of our technology, service and the depth of our integration."
As of 1030 GMT, Cloudcall shares were up 1.45% at 94.86p.
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