$1 million China contract expansion

RNS Number : 5956W

WANdisco Plc

12 December 2019

 

12 December 2019

WANdisco plc

("WANdisco" or the "Company")

$1 million China contract expansion

WANdisco (LSE: WAND), the live data company for machine learning and AI, has agreed a contract expansion with an existing China based customer worth in the region of $1 million. The customer is a leading global provider of information and communications technology (ICT) infrastructure and smart devices.

The contract will further extend the use of WANdisco's Fusion technology across the client's enterprise. The Company believes there remains further room for growth with this customer as the business continues to grow at speed and prioritise data.

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:

"China is a growth market for WANdisco as data use in the region continues to expands at pace. Our blue-chip customer base is seeing real value from our software and we are proud to partner with these leading companies across the globe to enable the next generation of cloud technology."

For further information, please contact:

WANdisco plc	via FTI Consulting
David Richards, Chief Executive Officer and Chairman
Erik Miller, Chief Financial Officer
FTI Consulting	[phone]
Matt Dixon / Chris Birt / Kwaku Aning
Stifel (Nomad and Joint Broker)	[phone]
Fred Walsh / Neil Shah
Peel Hunt (Joint Broker)	[phone]
Edward Knight / Nick Prowting
WH Ireland Limited (Joint Broker)	[phone]
Adam Pollock

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.

 

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