(Alliance News) - WANdisco PLC on Tuesday announced its first contract with FordDirect, which will last for one-year, for WANdisco's data migrator product.
The contract is valued at USD7,680. The Sheffield-based data migration platform said that though the contract was small in its initial value, it was its first contract with FordDirect, and was secured through WANdisco's partnership with Microsoft.
WANdisco's data migrator product is a fully automated cloud migration solution that moves data to the cloud, even whilst the data sets are under active change.
FordDirect, a joint venture between the Ford Motor Co and its franchise dealers, will use WANdisco's data migrator product to support its data modernisation programme.
"The company continues to endeavour to share with investors news of new contracts and renewals, including those of smaller sizes, in order to communicate the ongoing progress being made in re-engaging with current and prospective customers and positioning WANdisco for long-term growth and success," said WANdisco.
This followed the news on Monday that WANdisco had renewed its software support and maintenance contract with Tesco Stores Ltd for a further two-year term, valued at GBP200,000.
This agreement was centred on Tesco's use of WANdisco's live data plane product.
WANdisco shares have been suspended from trading in London since March, after uncovering signs of possible "fraudulent irregularities" on its books, days after announcing it was exploring a potential US listing.
By Will Neill, Alliance News reporter
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