WAND.L Regulatory News (WAND)

8 January 2015

Big Data contract win

British Gas scales up its WANdisco Big Data solution

British Gas, the UK's largest utilities and home services provider, has significantly scaled up its WANdisco (LSE: WAND) Big Data solution for live customer-facing operations. The resulting new three-year subscription is WANdisco's largest Big Data deal to date, with a value of $750,000.

An initial trial deployment of WANdisco's Non-Stop Hadoop (announced on 20 March 2014) enabled British Gas to capture real-time data from over a million household Smart Meters, to demonstrate cost savings in data storage and processing, and to minimise data loss and downtime in compliance with regulations. WANdisco was able to demonstrate performance and scale that otherwise could not have been achieved.

Non-Stop Hadoop is now going into live production, with the amount of data under management scaled up to more than twice its original level. Real-time analytics from the 'Connected Homes' programme will bring benefits such as dynamic matching of energy supply with demand patterns.

Across the whole British Gas data infrastructure, Non-Stop Hadoop accelerates the transformation to a consolidated and available body of management information, for which data centre storage and processing will be handled more efficiently and less expensively.

David Richards, WANdisco Chief Executive, comments: 

"Customers see our Hadoop technology as critical for enterprise big data deployments. Enlarging our footprint with existing customers like British Gas, in addition to gathering new customers, is a very important part of our strategy. This deal clearly demonstrates our ability to expand a small initial big data deployment into a much larger deal."

A full update on fourth quarter sales bookings will be released on 19 January.

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About WANdisco

(LSE: WAND) is a provider of enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability. WANdisco's products are differentiated by the company's patented, active-active data replication technology, serving crucial continuous availability requirements, including Hadoop Big Data and Application Lifecycle Management (ALM), including Apache Subversion and Git. Fortune Global 1000 companies, including Juniper Networks, Motorola, Intel and Halliburton, rely on WANdisco for performance, reliability, security and availability. For additional information, please visit www.wandisco.com.

Disclaimer

This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. Undue reliance should not be placed on any such statements because they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and WANdisco's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. WANdisco undertakes no obligation to revise or update any forward-looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.