G-Cloud News
26th August 2014 - G-Cloud Spend to end of July 2014
Spend for July 2014 has now been included. Highlights are:
Overall spend stats
- Total spend is £249m with £154m so far in 2014 (£87m being in 2013, £7.1m in 2012).
- Spend with Small and Medium Sized Enterprises (SMEs) continues at pace. We expect spend with SMEs for 2014 to be over £130m, compared to £42m in 2013. SME spend to date in 2014 is £88m (57% of total spend).
- Spend in July is £21m. We expect this figure to be revised upwards to about £25m when the August figures are released.
Spread of the framework
- The number of customers continues to grow strongly - up 27 in July (bringing the total to 551).
- The number of suppliers is growing - up 23 in July (bringing the total to 366).
Forecasts
- We are holding our forecast for 2014 at £250m, however, this figure is looking under pressure - £280m is possible if growth continues.
- The trend figure for spend is now £24m. It topped £20m a month for the first time in April and continues to grow at about £1m a month.
We expect average monthly spend to increase to roughly £30m a month by year end.
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Previous news releases and presentations can be found at:
G-Cloud News - Aug 2014
G-Cloud News - Jul 2014
G-Cloud News - Jun 2014
G-Cloud News - May 2014
G-Cloud News - Apr 2014
G-Cloud News - Mar 2014
G-Cloud News - Feb 2014
G-Cloud News - Dec 2013
G-Cloud News - Nov 2013
G-Cloud News - Oct 2013