London, United Kingdom – 8 September 2009: Rosslyn Analytics, a technology company, today announced that its flagship cloud-based software as a service solution, RA.Pid® Enterprise, is a finalist in the BCS & Computing 2009 UK IT Industry Awards.

“I am thrilled to hear that we have been shortlisted for this prestigious award.  Particularly so for the team at Rosslyn Analytics who continue to punch well above their weight in terms of disruptive technology innovation with the development of RA.Pid,” said Charles Clark, CEO of Rosslyn Analytics.  “RA.Pid is a spend analysis solution that is enabling decision-makers in a growing number of global companies to manage more effectively their entire enterprise cost base, thereby remaining competitive in these challenging times.  Rosslyn is a genuine UK success story that is competing on the global stage.”

Rosslyn Analytics is one of 10 companies shortlisted in the “Best New Product Developed in the United Kingdom” category, which recognises the development, sales and implementation of new technologies that have been released during the past 12 months. RA.Pid®, coupled with an industry leading web-based automated spend analytics platform, rapidintel.com, is a first-of-its-kind end-to-end spend analysis solution that delivers real-time on-demand enterprise-wide spend intelligence to users in weeks, not months.  Rosslyn Analytics also has the only spend analysis solution in the market that can deliver a return on investment within six weeks of extracting, automatically categorizing and enriching data from any number of ERP systems or internal/external data feeds.  

The spend intelligence, which has been integrated from one data source, is then accessible to organizations via rapidintel.com.  Users can personalize their on-demand intelligence – presented in advanced and predictive analytics including role-based “slice & dice” reports, scorecards and dashboards – depending on which applications they are running on the platform.

BCS chief executive says: “I’m particularly pleased to see so many entries in these difficult economic conditions; it reinforces the importance of IT in delivering business and social benefit. Our Awards are central to our drive to create the IT profession and the finalists can be proud of their achievements.”

The BCS and Computing will announce the winners of this year’s UK IT Industry Awards at the Battersea Park Events Arena on 12 November 2009. To view a list of all finalists, visit http://www.ukitindustryawards.co.uk/shortlist.asp.