The US market has been our fastest growing geography and opening a second US office will position us for more growth.
blur Group, the company that is reinventing commerce at blurgroup.com announces the opening of its Strategic Development office in Southern California. This office will be led by Mitch Faigen, blur's Chief Strategy and Exchange Development Officer who has strong business connections in the area. This is blur Group’s second office in the US.
The team in California will be responsible for leading the development of blur's strategic plans and business model, measurement of metrics that drive revenues and profitability, and development of blur's future merger, acquisitions and joint ventures. As seen in its recent Q3 Metrics is developing globally and maturing at a fast pace. The Strategic Development office in Newport Beach, CA is opening to support rapid future growth, in a West Coast location able to take advantage of the area’s technology business, as well as providing a second office in the Company’s largest market.
Additionally, blur has strengthened its senior team by securing key talent appointments at its global HQ in Exeter, UK across partnerships, PR, engineering and design.
Philip Letts, blur's CEO commented "The US market has been our fastest growing geography and opening a second US office will position us for more growth. Our significant new senior hires from organisations such as Google, AOL, Expedia, Italia Online, Sapient and Lloyds Bank will support blur through its next stages of growth.
”Globally, s-commerce represents a huge attainable addressable $1tn+ market and blur needs to be in a position to support this type of growth. Our new office in Southern California shows our intention to deliver a global technology innovator and continue our market leadership in s-commerce.”
NOTES FOR EDITORS
For further information please contact:
blur (Group) plc
Tel: +44 20 3176 0548
Philip Letts - CEO
Lucy Davies - Head of PR
Tel: +44 20 7653 9850
Caroline Evans-Jones/ Josh Royston/ Hilary Millar
Tel: +44 7768 534641
Philip Ranger / Anna Legge
About blur (Group) plc at blurgroup.com
blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. Over 35,000 business users in 141 countries have adopted this s-commerce platform and changed the way they work.
blur Group (BLUR) is a public company headquartered in the UK with offices in the US and Europe. It is listed on the London Stock Exchange’s AIM market. blur was founded in January 2006 and launched in alpha in 2007 with the full, formal launch of the Global Services Exchange in January 2010. At that time, just over three project briefs per month were submitted. Now 200 projects per month from companies like Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco are received. Over the same time, average project value has grown from approximately $1,500 in 2010 to $28,800 in Q3 2013.
Today, 3,100 projects have been submitted with a combined value of over $70 million. These have come from the US, UK, Europe, Africa and Asia with over 32,000 expert service providers on eight exchanges responding to them.
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