cloudBuy, a cloud eCommerce marketplace, has landed a contract with a major multi-billion dollar UK private sector care organisation to provide it with integrated e-commerce and e-procurement capabilities.Under the contract, cloudBuy will use its care marketplace technology to allow the organisation to automate its sales to individual consumers of care, as well as NHS and local government purchasers. It will also be able to simultaneously automate its purchasing from downstream providers and suppliers through the cloudBuy eProcurement platform. cloudBuy's directors estimate that a "significant" percentage of the potential overall revenue from the care sector of around £100m per annum will come from providing e-commerce sites to care providers.Chairman of cloudBuy, Ronald Duncan, said: "We are achieving a 90% success rate in signing up suppliers via our buyers. This contract win confirms our market leading position in providing e-commerce in the care sector, and joins up the care supply chain so that we can extend down from the councils and NHS to the major providers and onto their subcontractors and supply chain. "Care is one of the largest and fastest growing service industries in the developed global economy and cloudBuy is establishing a strong and recognisable brand in the UK whilst generating interest globally. Given our success to date and the scale of expenditure in this area we are focused on maximising this opportunity and aligning it with our new transactional model."The share price rose 5.41% to 41.90p by 9:00 on Monday.NR