WANdisco Secures Two Big Data Contracts

LONDON (Alliance News) - WANdisco PLC on Wednesday said it has secured two new Big Data contracts, among the largest ever by its Big Data business.

The two contracts comprise an initial deal with a new customer in financial services and a scale-up deal with an existing customer in telecommunications.

WANdisco added that operating costs across the Big Data business and Application Lifecycle Management business have continued to reduce, with overheads in the third quarter below those in the second quarter.

WANdisco will release its full-year results for 2015 on March 16.

Shares in the company closed up 1.3% at 79.00 pence on Wednesday.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

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