Record Revenue Reported By Yonder & Beyond's Prism Digital
Perth, June 18, 2015 AEST (ABN Newswire) - Yonder & Beyond Group Ltd (
ASX:YNB) ("YNB" or the "Company") is pleased to provide an update regarding Prism Digital, the agency connecting top technology talent with digital clients.
The Company is pleased to announce that it expects to achieve its highest grossing quarter to date, with revenues in excess of $600,000 expected for the quarter ended 30 June 2015, continuing its rapid growth and boosting revenue recognised by Yonder & Beyond.
The successful quarter comes off the back of the company continuing to develop relationships with top talent and influential IT and technology companies, as well as understanding the needs of businesses.
A major part of this has been the incredibly popular "London DevOps" meetups, co-organised by Prism. Its most recent event attracted over 500 developers to the Facebook London offices, where representatives of Google and Facebook presented with Prism on technical projects and methods.
"Events like London DevOps keep us honest", said Mark Konetchy, production engineering manager at Facebook. "By working with smaller companies we stop ourselves from getting too insulated."
Events, like London DevOps, have expanded Prism's network and relationships with top talent in the industry, enabling it to make placements at leading technology companies. Recently, Prism has been engaged by Salesforce (NYSE:CRM), a leader in CRM, and Rackspace (NYSE:RAX), one of the world's largest cloud computing companies, to provide top IT talent in very specific and demanding technology areas.
"Prism provide a quality of service to rival the largest recruitment companies, despite being a tenth of the size," said Rob Hotchkin from Rackspace, "Their commitment to providing the best candidates is astounding, and seeing them partner with events like London DevOps just proves how committed they are to the tech community."
Prism has proven its commitment by developing a new placement scheme to bring premium talent from across Europe to businesses looking for experts in their field, no matter the country of operation. This is because Prism - and Yonder & Beyond - believe skills transcend borders and the best candidates are not always from within the country the business operates in.
Prism is also being recognised as a leading talent connection consultancy outside of the UK. In May, Prism was invited to Google's conference for developers, Google I/O, opening up new relationship building opportunities with Silicon Valley companies, including Yelp and Docker. Prism hope to expand on this as it becomes an integral part of the wider technology industry around the globe.
"Prism has built a great team and is being recognised by the tech community in London and abroad as an important partner in finding the best talent. Building relationships with technology providers, and working with the development community to create relationships directly with clients, will help us build on the success of this quarter for 2016," said Alex Dover, Co-Founder of Prism Digital.
Yonder & Beyond Group CEO Shashi Fernando continued, "Prism are great brand ambassadors for Yonder and are getting a fantastic response from the wider tech community. While this quarter was the best to date for Prism Digital, it really is only the start of what they are about to achieve. This will only help Yonder continue to grow, as the valuation of Prism gains momentum and revenue is recognised on a consolidated basis."
Yonder & Beyond owns 60 per cent of Prism Digital and has played a key role in helping the consultancy build relationships with key clients and further developed its understanding of the mobile and technology landscape.
About Prism Digital
Prism Digital are a recruitment consultancy specialising in the IT and technology industries. By developing lasting relationships and understanding the needs of its customers, it is able to connect its clients with the assets they need to further their business.
Twitter: @prism_digital
Website: http://www.prism-digital.com
About Yonder & Beyond Group Ltd
Yonder & Beyond Group Ltd (Y&B) (ASX:YNB) is a portfolio of synergistic technology assets with a focus on mobile businesses. These include Gophr, Boppl, Prism Digital, PlayMeet and MeU Mobile. Yonder & Beyond's strategy is to identify and develop disruptive applications with high commercialisation and scalability potential.
Yonder & Beyond equip startups with vital capabilities beyond capital. Our philosophy is to invest in people, as well as invest in their business, so they can both grow and succeed. We are dedicated to contributing to the development of businesses through our resources, experience and relationships.
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