WANdisco Plc Customer renewal and expansion (6112U)
26 Noviembre 2019 - 1:01AM
UK Regulatory
TIDMWAND
RNS Number : 6112U
WANdisco Plc
26 November 2019
26 November 2019
WANdisco plc
("WANdisco" or the "Company")
Customer renewal and expansion
Contract with existing Fortune 500 customer valued in excess of
$500k
WANdisco (LSE: WAND), the live data company for machine learning
and AI, has signed a contract valued at more than $500k with a
Fortune 500 technology company. The contract is with an existing
WANdisco customer that has renewed and expanded its relationship
and commitment to WANdisco's Fusion technology.
As cloud data use cases continue to scale at pace for global
corporates, customers look to WANdisco's Fusion technology as a key
enabler of their expanding requirements in terms of both volume and
complexity. This contract is typical of the Company's pipeline of
renewals, with commitments with existing customers expected to
continue and expand over time.
WANdisco Fusion is the only solution that can enable
organisations to seamlessly move large volumes of data with
consistent and continuous availability whilst meeting regulatory
requirements. WANdisco's patented technology ensures customers are
able to leverage the impact of their IT investment to support
exponential data growth without growing the IT budget.
David Richards, Chief Executive Officer and Chairman of
WANdisco, commented:
"We continue to see demand from existing customers to further
commit to our unique Fusion technology as a core enabler of their
cloud ecosystem. As discussed in our interim results, we have a
significant pipeline in H2 and beyond of customer renewals and new
customer commitments which the Company is focussed on delivering.
WANdisco remains the partner of choice for global corporates with
mission critical data requirements."
For further information, please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive Officer
and Chairman
Erik Miller, Chief Financial Officer
+44 (0)20 3727
FTI Consulting 1137
Matt Dixon / Harry Staight / Chris Birt
/ Kwaku Aning
+44 (0)20 7710
Stifel (Nomad and Joint Broker) 7600
Fred Walsh / Neil Shah
+44 (0)20 7418
Peel Hunt (Joint Broker) 8900
Edward Knight / Nick Prowting
+44 (0)20 7220
WH Ireland Limited (Joint Broker) 1666
Adam Pollock
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the
publication of this announcement, this inside information is now
considered to be in the public domain.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of the Company by David Richards, CEO and Chairman.
About WANdisco
WANdisco is the LiveData company for machine learning and AI.
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 Fusion keeps
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 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.
END
CNTCKPDBDBDBDDB
(END) Dow Jones Newswires
November 26, 2019 02:01 ET (07:01 GMT)
Wandisco (LSE:WAND)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Wandisco (LSE:WAND)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024