G-Cloud News

16th May 2014 - G-Cloud Spend to end of April 2014

Spend for April 2014 has now been included.

Highlights are:

• Spend in April was £16m. Expect this total to increase to about £19m when the May spend is added.
• Total spend is £175m with £81m so far in 2014 (£87m being in 2013, £7.1m in 2012).
• A huge leap in spend with Small and Medium Sized Enterprises (SMEs). Spend this year (Jan - Apr) is already £53m compared to £47m for the whole of 2013!

Thanks to Cabinet Office for reinstating the product details in the data feed.

Spread of the framework

• A big leap in the number of customers - up 43 this month (bringing the total to 473).
• 12 new suppliers joined the framework this month (bringing the total to 312).

Forecasts

• Spend is building strongly. The framework is adding 20 to 30 new buying organisations each month (on average).
• It is likely that that spend will regularly top £20m a month this quarter and be around £30m a month by year end.
• We are holding our forecast for 2014 to £200m but if growth continues, will be revising this upwards in coming months. £250m is looking achievable and £300m is within sight.

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Previous news releases and presentations can be found at

G-Cloud News - Mar 2014

G-Cloud News - Feb 2014

G-Cloud News - Jan 2014

G-Cloud News - Dec 2013

G-Cloud News - Nov 2013

G-Cloud News - Oct 2013