WANdisco plc Big Data Customer Win

RNS Number : 0225Y

WANdisco Plc

26 November 2014

 



26 November 2014

WANdisco plc

Big Data Customer Win

Global Credit Card company adopts WANdisco Big Data solution

WANdisco (LSE: WAND) is pleased to announce a new Big Data customer. A global US-based credit card and financial services company has signed a subscription contract to use WANdisco's Non-Stop Hadoop in mission-critical customer transaction analysis.

The subscription value is, for the initial deployment, approximately $250,000 per year. The customer intends to expand its mission-critical Hadoop operations significantly after the initial deployment, by more than doubling the amount of data managed under Non-Stop Hadoop over a two- to three-year period. Significant increases to the subscription value have been agreed, contingent on this planned increase in scale.

One of the top 10 US banks, this new customer has, for over a year, been operating Hadoop for analysis of billions of transactions across its 30 million customers, supported by WANdisco's distribution partner Cloudera. Live production applications are being used to correct transaction errors, integrate with external data to discover transaction trends, gather intelligence from ATMs and mobile phones, and create data visualizations for customers.

As the processing workload has evolved, WANdisco's Non-Stop Hadoop has proved to be the only solution to some mission-critical operating requirements: data loss from outages has to be eliminated; processing at scale has to meet high performance standards and, to spread increasing workload efficiently over computing resources, periodic batch analytics queries have to be separated from more demanding real-time queries. Therefore, WANdisco's technology has been deemed essential to continuing in live production.

Matt Aslett, Research Director, Data Platforms and Analytics, 451 Research, comments:

"We anticipate increased demand for technologies that enable Hadoop to support mission-critical operational workloads. This deployment is indicative of the role that WANdisco's Non-Stop Hadoop can play in enabling greater adoption of Hadoop in live analytic environments."

David Richards, WANdisco Chief Executive Officer, comments: 

"The year so far has been marked by widespread production trial activity in the Hadoop market. We are now moving into a phase of production go-lives. Our Non-Stop Hadoop solution is essential for corporations to go live with Hadoop in mission-critical Big Data operations. We foresee a number of additional live implementations in the coming months."

For further information please contact:

WANdisco plc	via FTI Consulting
David Richards, Chief Executive Officer Paul Harrison, Chief Financial Officer Phil Branston, VP Corporate Development & Investor Relations
FTI Consulting	[phone]
Matt Dixon / Rob Mindell / Roger Newby
Investec (Joint Broker and NOMAD)	[phone]
Chris Baird / Dominic Emery
UBS Investment Bank  (Joint Broker)	[phone]
Rahul Luthra / Sandip Dhillon

About WANdisco

WANdisco (LSE: WAND) is a provider of enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability. WANdisco's products are differentiated by the company's patented, active-active data replication technology, serving crucial continuous availability requirements, including Hadoop Big Data and Application Lifecycle Management (ALM), including Apache Subversion and Git. Fortune Global 1000 companies, including Juniper Networks, Motorola, Intel and Halliburton, rely on WANdisco for performance, reliability, security and availability. For additional information, please visit www.wandisco.com.

Disclaimer

This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. Undue reliance should not be placed on any such statements because they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and WANdisco's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. WANdisco undertakes no obligation to revise or update any forward-looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.

 

END

 

 

CNTGLBDBIUDBGSL