WANdisco Plc WANdisco secures global reseller agreement (6034O)
02 Junio 2020 - 1:00AM
UK Regulatory
TIDMWAND
RNS Number : 6034O
WANdisco Plc
02 June 2020
2 June 2020
WANdisco plc
("WANdisco" or the "Company")
WANdisco secures global reseller agreement
WANdisco (LSE: WAND), the LiveData company for machine learning
and AI, is pleased to announce that it has secured a global
reseller agreement with a large global systems integrator ("GSI").
The GSI is a leader in digital services and consulting.
The customer will have access to WANdisco's full suite of
solutions and use these to build its own data migration practice
for moving data at scale into the public cloud. This agreement is
significant for WANdisco as the relationship will encompass and
target all major public cloud vendors, and a pipeline of
opportunities is immediately being explored following successful
deployment in a large-scale customer environment.
Given the scale and reach of the GSI, with 240,000 people in 46
countries, WANdisco sees potential for material upside once the
GSI's data migration practice is complete. The immediate list of
opportunities is expected to make a material contribution to
revenue over the next 12 months.
WANdisco also announces that Stifel will be its sole broker and
NOMAD going forward.
WANdisco CEO and Chairman David Richards, commented:
"Today's announcement marks the Company's first agreement with a
global systems integrator and our business momentum continues to be
encouraging as we see additional growth opportunities working with
them in the near-term.
"This agreement is the result of the customer proving that in
situations where there is large scale, changing data, WANdisco is
the only solution to automate data migration without risk of
business downtime or data loss. There is a growing need for data
consistency and data availability across the business world, and
WANdisco's ability to facilitate petabyte scale cloud migration
without business interruption is becoming a key factor for large
organisations and their systems integrator partners as they
accelerate their journey to the cloud."
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. The Company's patented technology guarantees that
customers can leverage the impact of their IT investments to
support exponential data growth without growing their IT
budget.
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 / 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.
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 http://www.wandisco.com.
www.wandisco.com
This information is provided by RNS, the news service of the
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END
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