IS Solutions - Big Data Analytics Software Specialists

 | Mar 09, 2016 06:15AM ET

IS Solutions (LON:ISSL) has undergone a significant transformation into a data solutions business over the last year, having acquired the enterprise software company Celebrus Technologies for c £8.5m in early 2015. Trading has been buoyant, with a string of upgrades, driven by strong demand for the group’s analytics offerings, which now represent more than 70% of the business. Despite the recent outperformance, we believe the shares continue to look attractive on c 16x FY17e P/E, given the relationships with software vendors and the broadening growth prospects.