UK-based SME Memset has seen a 38 percent boost in its revenues in the last six months thanks to the G-Cloud, following a number of notable wins with the Cabinet Office, the Government Digital Service and the Home Office.
G-Cloud sourced accounts are now responsible for over 4 percent of the company's total revenues and Memset was one of the first companies to receive accreditation via the G-Cloud framework, which has proven tricky for some.
According to the latest sales figures published on the G-Cloud website, the government has spent a total of £161,528.77 with Memset.
Recent figures show that G-Cloud spend has now reached £18.2 million, with sales in March soaring to £7 million.
"It's great that G-Cloud is starting to work. Only a year ago we had negligible public sector business, and the explosive growth we are experiencing in that area is proof that G-Cloud is helping government make good on its promise that 25 percent of business will go to SMEs," said Kate Craig-Wood, managing director of Memset.
With the third iteration of the G-Cloud framework due in May, Craig-Wood said: "We're really excited about the third iteration of G-Cloud. There had been some teething problems with the first two iterations, but now those kinks are worked out I hope that we will see an increase in the rate of new suppliers joining the marketplace."
She added: "In relatively slack times with the lingering recession this boost from public sector business is especially welcome. What's even better is that by most accounts our government customers are paying perhaps a tenth of what they would have been charged under the old regime.
"It really is win-win for government and SMEs."
G-Cloud is one prong in a diverse government strategy to break down the public sector's traditional approach to IT, where it wants to move away from handing cumbersome contracts to a handful of IT suppliers, some whom have been associated with failed projects. It is also attempting to develop services with an agile approach and create easy to use digital services for the public.
To read a full analysis on the G-Cloud to date and what should be expected from the next iteration, click here.