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XBP Europe Selected for UK Government's G-Cloud 14 Framework
XBP Europe XBP Europe (US:XBP) GlobeNewswire News Room·2024-11-07 09:27

Core Viewpoint - XBP Europe Holdings, Inc. has been awarded a place on the UK government's G-Cloud 14 framework, enabling it to provide cloud services to public sector organizations, thereby facilitating their digital transformation [1][2]. Group 1: G-Cloud 14 Framework - G-Cloud 14 is a procurement framework managed by the Crown Commercial Service, designed to simplify the acquisition of cloud services for public sector organizations, with an estimated cumulative total exceeding £5 billion for all suppliers [2]. - XBP Europe will offer cloud services through its Reaktr.ai business unit, which provides AI-driven solutions for multi-cloud management, cloud hosting, and contact center automation [2]. Group 2: Company Overview - XBP Europe is a pan-European integrator of bills, payments, and related solutions, serving over 2,000 clients across various industries, including banking, healthcare, and public sector [4]. - The company operates in 15 countries with a workforce of approximately 1,500 individuals, focusing on optimizing clients' billing and payment processes through its cloud-based solutions [4].