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RNS Number : 2930D Cordel Group PLC 21 June 2023
21 June 2023 - REACH
Cordel Group PLC
("Cordel" or the "Company" or the "Group")
Cordel joins Microsoft ISV Success program
Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for
transport corridor analytics, is pleased to announce that the Company has
joined the Microsoft ISV (Independent Software Vendor) Success program.
By formalizing the next steps of our engagement with Microsoft, we continue to
build our relationship, working with Microsoft's Rail Industry Sector team.
This includes wider leverage of Microsoft Cloud (Azure, Azure Stack Edge) and
associated software tools.
Commenting on the Microsoft relationship, Mike Turner, Chief Revenue Officer
said;
"Cordel's vision is to create safer, more efficient and sustainable railways
around the world. Many of the key principles of Azure directly align with this
vision, including a drive towards greater sustainability. By leveraging the
capabilities of Azure we can develop more effective ways to deploy our capture
and processing on in service trains, whilst ensuring the automated, high
frequency, high accuracy data we generate is managed efficiently as Azure
Cloud payload. In addition, by utilizing the extensive Microsoft tooling,
applied against these vast captured data sets, we will be able to drive rail
classification and inspection in new and exciting ways. We believe that
working more closely with partners such as Microsoft helps to bring a new
hyperscaler perspective to the rail sector, creating an opportunity to deliver
improved outcomes to our rail customers."
Enquiries:
Cordel Group PLC c/o Zeus
Ian Buddery, Chairman
John Davis, Chief Executive Officer
+44 (0)20 3829 5000
Zeus Capital Limited Broker
Simon Johnson / Alexandra Campbell-Harris
Strand Hanson Limited Nominated Adviser +44 (0)20 7409 3494
Richard Johnson / James Bellman
About Cordel
Cordel produces specialist hardware and software for capturing, analysing and
reporting on large datasets within the transport sector, employing
sophisticated artificial intelligence algorithms.
Further information on the Company is available at: www.cordel.ai
(http://www.cordel.ai/)
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