Ocado Investor Day Presentation Deck
Technology Solutions: Technology Costs
We have invested in our teams
to support future scale and R&D
Significantly expanded Tech team
to bring clients onto OSP whilst
continuing to innovate at pace
1,100
>2,600
100
Current size and mix supports continued innovation while
costs expected to reduce materially as share of revenue as platform scales
With 7 partners now live on OSP, a
higher share of effort is on innovation
255
FY21
(£m cash cost)
To support OSP
development and
run the platform
c35% P&L
c65% Capitalised
Costs to run OSP expected
to reduce from end of 2023
Declining gradually
over time to a
£200m p.a. run rate
to run the platform
200
Wid tean
Mid-term
FY17
FY21
Technology headcount
Costs to run OSP platform reduce as revenue growth materially accelerates
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