PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWAND.L Regulatory News (WAND)

  • There is currently no data for WAND

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Contract win with a top 10 global retailer

6 Apr 2022 07:00

RNS Number : 3971H
WANdisco Plc
06 April 2022
 

06 April 2022

 

WANdisco plc

 

("WANdisco" or the "Company")

 

Contract win with a top 10 global retailer

 

WANdisco strengthens its relationship with leading retailer by establishing new environment for machine learning and analytics

 

WANdisco (LSE: WAND), the LiveData company, is pleased to announce that it has signed a Commit-to-Consume contract worth $720k with a top 10 global retailer (the "Customer"). Using its LiveData Migrator ("LDM") solution, WANdisco will create a new, focused environment for machine learning and other analytical workloads.

 

WANdisco will support the Customer by helping to move a subset of data from its existing Hadoop environment to a new storage layer in the cloud, while also supporting the continuous replication of any ongoing changes to this data.

 

The contract win was driven by the Customer's desire to utilise a separate environment with a smaller, more relevant and succinct data set to perform retail demand forecasting as well as other machine learning and analytical workloads.

 

WANdisco LDM was chosen by the Customer - an existing client of three years - for its ability to continuously move data to where it is needed at the right time, across multiple distributed on-premises environments, edge platforms or public clouds. This automated process ensures the data is kept up to date meaning the Customer is not required to manually refresh the new environment. This guarantees minimal business disruption, data consistency and security.

 

David Richards, CEO and Co-founder of WANdisco said:

 

"We are delighted to announce another deal with one of our key retail customers, representing yet another proof point of the strong demand we are seeing from organisations across various sectors to migrate data to the cloud.

 

"It is incredibly pleasing to see WANdisco continue to deliver new value through existing customer relationships in providing solutions that not only meet, but exceed business use case needs and requirements. Our talented people and critical solutions such as LiveData Migrator, have led the Customer to view WANdisco as a trusted implementation and solutions architect partner, and we look forward to seeing this relationship go from strength to strength".

 

For further information, please contact:

 

WANdisco plc

via FTI Consulting

David Richards, Chief Executive Officer and Chairman

Erik Miller, Chief Financial Officer

 

FTI Consulting

+44 (0)20 3727 1137

Matt Dixon / Kwaku Aning / Tom Blundell

Stifel (Nomad and Joint Broker)

+44 (0)20 7710 7600

Fred Walsh / Richard Short

Panmure Gordon (Joint Broker)

Erik Anderson / Alina Vaskina

+44 (0)20 7886 2500

 

 

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR") as retained as part of UK law by virtue of the European Union (Withdrawal) Act 2018 as amended. Market Soundings, as defined in MAR, were taken in respect of the proposed Placing with the result that certain persons became aware of this inside information, as permitted by MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of WANdisco is David Richards, Chief Executive Officer and Chairman of WANdisco.

 

 

About WANdisco

 

WANdisco is the LiveData company. WANdisco solutions enable enterprises to create an environment where data is always available, accurate and protected, creating a strong backbone for their IT infrastructure and a bedrock for running consistent, accurate machine learning applications. With zero downtime and zero data loss, WANdisco's products keep geographically dispersed data at any scale consistent between on-premises and cloud environments allowing businesses to operate seamlessly in a hybrid or multi-cloud environment. WANdisco has over a hundred customers and significant go-to-market partnerships with Microsoft Azure, Amazon Web Services, Google Cloud, Oracle, and others as well as OEM relationships with IBM and Alibaba. For more information on WANdisco, visit http://www.wandisco.com. www.wandisco.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTFFFSISSIEIIF
Date   Source Headline
27th Apr 201711:45 amRNSDirector Dealing
24th Apr 20177:00 amRNSSignificant customer win and Q1 update
21st Apr 20177:00 amRNSPosting of Annual Report and Notice of AGM
5th Apr 20177:00 amRNSTotal Voting Rights
29th Mar 20177:00 amRNSLong Term Incentive Plan
28th Mar 20177:00 amRNSLaunch of WANdisco Fusion 2.10
8th Mar 20177:00 amRNSPreliminary Results
6th Mar 20174:40 pmRNSSecond Price Monitoring Extn
6th Mar 20174:35 pmRNSPrice Monitoring Extension
23rd Feb 20177:00 amRNSBoard Update
14th Feb 20177:00 amRNSNotice of Results and Investor Presentation
18th Jan 20174:40 pmRNSSecond Price Monitoring Extn
18th Jan 20174:35 pmRNSPrice Monitoring Extension
16th Jan 20177:00 amRNSTrading Update
30th Dec 20167:00 amRNSTotal Voting Rights
29th Dec 20166:00 pmRNSDirector Dealings
23rd Dec 20167:00 amRNSDirector Dealing
21st Dec 20163:00 pmRNSHolding(s) in Company
19th Dec 20167:01 amRNSSignificant customer win
19th Dec 20167:00 amRNSAppointment of Nomad and Joint Broker
8th Dec 20163:15 pmRNSListing Application
8th Dec 20167:00 amRNSGrant of Share Options to Executive Directors
8th Dec 20167:00 amRNSDirector/PDMR Shareholding
5th Dec 20167:00 amRNSBoard Appointments
2nd Dec 20164:06 pmRNSHolding(s) in Company
1st Dec 20167:46 amRNSTotal Voting Rights
15th Nov 20167:00 amRNSContract win
1st Nov 20167:00 amRNSTotal Voting Rights
10th Oct 20167:00 amRNSWANdisco secures two new record contracts
10th Oct 20167:00 amRNSAppointments
6th Oct 20167:01 amRNSRe-instatement of David Richards
6th Oct 20167:00 amRNSDirectorate Changes
30th Sep 20162:24 pmRNSTotal Voting Rights
29th Sep 201610:41 amRNSDirectorate Change
29th Sep 201610:30 amRNSDirectorate Change
28th Sep 20167:00 amRNSAppointment of Chief Financial Officer
1st Sep 20167:00 amRNSTotal Voting Rights
5th Aug 20167:35 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
3rd Aug 20167:00 amRNSInterim Results
1st Aug 20169:02 amRNSTotal Voting Rights
13th Jul 20163:06 pmRNSHolding(s) in Company
12th Jul 201610:11 amRNSHolding(s) in Company
8th Jul 20166:10 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
6th Jul 20168:00 amRNSDirectors Holdings and Total Voting Rights
5th Jul 201611:05 amRNSResult of General Meeting
1st Jul 20167:01 amRNSBlock Listing Interim Return
1st Jul 20167:00 amRNSTotal Voting Rights
29th Jun 20167:00 amRNSPatent update
27th Jun 20167:00 amRNSUpdate on WANdisco OEM sales partnership with IBM
10th Jun 20167:01 amRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.