WANdisco in Sheffield wins $1m contract

Live data firm WANdisco has won a contract worth $1m with a division of one of the world's largest media and telecommunications companies.
David Richards, CEO of WANdiscoDavid Richards, CEO of WANdisco
David Richards, CEO of WANdisco

WANdisco Fusion will be used to keep data in sync across on-premise locations and the Microsoft Azure cloud to enable analytical and machine learning data use cases.

The Sheffield-based business also said that momentum since its trading update in February has been very encouraging.

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In the next few weeks, WANdisco expects to enter full public availability with its embedded Fusion Resource Provider (FRP) product with Microsoft.

David Richards, CEO and chairman of WANdisco, said: "Despite the ongoing restrictions brought about by the COVID-19 pandemic, our customers continue to see the underlying imperative of moving data to the cloud.

“The advantages this brings of both cloud economics and the ability to run sophisticated machine learning applications is proving extremely valuable to the many organisations working in difficult, distributed and remote settings at this time.

"I am pleased to see our product initiatives continue to progress as planned and look forward to entering public preview with our embedded product which will usher in a new phase of our company growth.

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“Our workforce has settled into the new normal of working remotely and I'm extremely proud that productivity levels remain as high as ever."

The business added that the COVID-19 outbreak has led to the implementation of long-standing business continuity measures, with staff working from home across the globe.

WANdisco’s balance sheet remains strong following the successful $16.5m equity fundraise in November 2019, enabling it to withstand near-term uncertainty.

The current demand environment remains strong and its partner pipeline continues to grow.