Monday, 21 August 2017
Two International Contract Wins for Tribal Group
Just a couple of weeks after reporting that the first half of the year has been a period of good progress, Tribal Group have today announced two contracts with a total value of £25.3 million.
In their trading update to the half year end, Tribal noted they had enjoyed a healthy level of new UK domestic and international contract wins across all business units with their next generation cloud based student management systems, Tribal Edge, being well received at their Higher Education Customer Conference.
Tribal has been awarded a contract by the Abu Dhabi Education Council (ADEC) for the inspection of schools in Abu Dhabi. The contract expands Tribal's schools' inspection business in the UAE and makes Tribal the sole supplier of school reviews in Abu Dhabi. The revenue from the contract is worth £8.5m over two years.
The Group has also been awarded a contract by the Callista Senior Executive Group (CSEG) to extend its support and development of the Callista product for higher education customers in Australia. The revenue from the contract is worth AUD$27.5m (£16.8m) over four years.