G-Cloud News

20th March 2014 - G-Cloud Spend to end of February 2014

Spend for Jan and Feb 2014 has now been included.

Highlights are:

• Impressive growth - G-Cloud spend per month (£16m in Jan 2014) is now more than twice that of the entire year in 2012 (£7m)
• Spend in February was £13.4m. Expect this to be revised upwards when the March 2014 data is released (our guess to about £16m).
• Total spend is £124m with almost £30m in 2014 (£87m being in 2013, £7.1m in 2012).

Spread of the framework

• 22 new customers joined the framework this month (bringing the total to 380).
• 24 new suppliers joined the framework this month (bringing the total to 273).

Forecasts

• Spend is building strongly. The framework is adding 20 to 30 new buying organisations each month.
• It is likely that that spend will top £20m a month by summer and be around £30m a month by year end.
• Because of the strong start to 2014, we have increased our forecast for 2014 to £200m.

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Previous news releases and presentations can be found at

G-Cloud News - Jan 2014

G-Cloud News - December 2013

G-Cloud News - November 2013

G-Cloud News - October 2013