WANdisco Plc WANdisco plc wins major supermarket contract
RNS Number : 6189R
01 July 2020
1 July 2020
("WANdisco" or the "Company")
Contract momentum including major supermarket
WANdisco (LSE: WAND), the LiveData company for machine learning
and AI, announces that it has signed an initial deal worth up to
$1m with a major British supermarket. In addition, there has been
strong uptake for the Group's Azure Cloud product, with 11
companies registered in the first month of public preview.
With the completion of this deal with one of the UK's nationwide
supermarket chains, WANdisco's technology will be used on-premise
for data consistency and then subsequently for migration to the
Azure cloud. The supermarket serves millions of customers each
week, online and in store, and employs over 400,000 people
throughout the UK.
Since entering public preview on 1 June 2020, the Company's
Microsoft Azure LiveData Platform has registered 11 companies for
the service. This strong momentum during public preview is in line
with the Group's expectation to sign 50 new customers within the
first 12 months of operation.
WANdisco CEO and Chairman David Richards, commented:
"This deal with one of the UK's largest supermarkets reflects
trends across the global retail industry to harness the power of
big data and analytics through the cloud. With the backdrop of
COVID-19, retailers are fast tracking their cloud journeys as
digital and physical commerce become ever more intertwined. Our
momentum registering new customers for our embedded product, with
eleven signing in the first month of operation, provides further
confidence in our partner led strategy."
For further information, please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive Officer
Erik Miller, Chief Financial Officer
+44 (0)20 3727
FTI Consulting 1137
Matt Dixon / Chris Birt / Kwaku Aning
+44 (0)20 7 710
Stifel (Nomad and Sole Broker) 7600
Fred Walsh / Rajpal Padam
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.
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 http://www.wandisco.com.
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(END) Dow Jones Newswires
July 01, 2020 02:00 ET (06:00 GMT)
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