WANdisco secures contract with large European automotive components supplier

.The client has entered into a contract which is valued at a minimum of $5 million over five years, WANdisco said.

The client is deploying WANdisco's LiveData Migrator to support its computing platform to replicate sensor data from automotive components in a data centre for use in multiple analytics platforms.

Sheffield-based WANdisco's CEO and chairman David Richards, commented: "This contract is the latest proof point of the meaningful momentum we are seeing in the systemic market shift to IoT."

"Businesses are increasingly looking to utilise and make sense of the copious amounts of data at hand, to drive performance and intelligent insights, and our solutions are uniquely capable of moving data seamlessly, at scale to the cloud. This value proposition is resonating with customers in our key markets."

"We have made great progress in aligning our business to the consumption models of our cloud and analytics partners with our Commit-to-Consume model offering improved revenue predictability and greater upsell opportunities for WANdisco. IoT remains a key focus area of growth for our business, and we see significant opportunities to both land new customers and expand on our existing relationships."