13 January 2025
Cordel Group
PLC
("Cordel"
or the "Company" or the "Group")
Enhancement package contract
win for the Railway Gauging Data Solution
Cordel Group PLC (AIM: CRDL), the
Artificial Intelligence platform for transport corridor
analytics, is pleased to announce a new
contract with Network Rail to deliver a package of enhancements to
Cordel's ongoing Railway Gauging Data Solution (RGDS).
Based on the requirements from over
600 RGDS users within Network Rail and its customers and suppliers,
Cordel was able to recommend an efficient approach to the urgent
need to procure, curate, store and manage historical data, while
building in additional functionality.
Cordel will also deliver a package
of user-efficiency improvements, based on re-engineering user
interfaces and processes throughout the data supply and utilization
chain, and provide updates to maintain alignment with new
standards.
Cordel will manage, develop and test
all elements of the enhancement in a single package of work, and
streamline our support to Network Rail's Users to facilitate User
Acceptance Testing and appropriate user documentation.
Network Rail's Delivery Director, Route Services, Richard
Edwards said, "We are committed to
enabling efficient data management, integrating different
suppliers' systems into a pipeline that can be relied upon to serve
multiple Network Rail and 3rd party needs. We look
forward to Cordel providing these enhancements within the tight
timeframe we have set."
Cordel CEO, John Davis said, "Cordel is committed to supporting
the current and emerging needs of all our customers. In addition to
our on-going continuous improvement of our global products, we are
happy to flex our resources to create innovative and cost-effective
enhancements for Network Rail and our other railway
customers."
Enquiries:
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Cordel Group PLC
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c/o Cavendish
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Ian Buddery, Chairman
John Davis, Chief Executive
Officer
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Cavendish Capital Markets Limited, Broker
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+44 (0)20 7220 0500
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Marc Milmo
/ Rory Sale (Corporate Finance)
Sunila de
Silva (Corporate Broking)
Strand Hanson Limited, Nominated Adviser
Richard Johnson / James
Bellman
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+44 (0)20 7409 3494
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About Cordel
Cordel produces specialist hardware
and software for capturing, analysing and reporting on large
datasets within the transport sector, employing sophisticated
artificial intelligence algorithms.
Further information on the Company
is available at: www.cordel.ai
Further information on Network Rail
is available at: www.networkrail.co.uk