WANdisco stands for Wide Area Network Distributed Computing, and we make software happen.

This is because our technology is the secret ingredient behind the products that you use every day – from mobile phones to machinery. We are an active member of the community that develops the world’s most popular Source Code product: Subversion, and our technology is used by half of the world’s software developers.

Our customers include a host of Fortune 1000 companies such as Hewlett Packard, Intel, John Deere, European Southern Observatory, Barclays Capital, Walmart, GE and Cisco.

How it works

With our patented technology, software developers in distributed locations can work simultaneously, creating a seamless global network. Users at every site where WANdisco is installed have local access to the same data at all times, which means that they can make changes locally and see each other’s changes immediately.

We are proud to have a 98% customer renewal rate – which is driven by compelling ROI data: a recent study from Forrester Research has shown that our Subversion MultiSite offers a 167% return on investment with a nine-month payback period.

The company

Co-founded in 2005 by David Richards, Jim Campigli and Dr Yeturu Aahlad, WANdisco has dual headquarters in Silicon Valley and Sheffield, England. WANdisco grew, without raising any private equity, venture capital or angel finance to become a leading provider of global collaboration software to the software development industry.

On June 1st, 2012 the company had a highly successful IPO on the London Stock Exchange raising over $24 million. The IPO was oversubscribed by over 300% and the list of investors included Fidelity, Legal & General, Blackrock, Artemis, Hargreave Hale, Cazenove, M&G, Octopus and Standard Life. WANdisco's ticker is WAND.L


http://www.wandisco.com/

UKHotViews




Wednesday 15 January 2014

Big data poised to break through at WANdisco

LogoThere was an impressive Q4 update from big data and distributed software development enabler WANdisco this morning – Q4 subscription bookings up 71% yoy to $4.3m, bringing the total to for full year to $14.8m, a stunning 87% increase.

Most of the growth for the three months to December 31 2013 was from the ALM part of the business, which is drawing in blue chip names like Goldman Sachs on the new business front plus renewals from existing clients. But the big data side is also gathering momentum with several proof of concept (POC) projects which the company is hopeful will “evolve into customer relationships during the 2014 financial year”. The timeframe for the move from POC to full deployments is critical to suppliers in the big data space and WANdisco’s experience indicates revenues could start to flow this year. WANdisco’s recent partnership with Hadoop specialist Cloudera, which complements its existing relationships with SAP and Hortonworks (see here), will also be helping WANdisco’s growth. The combinations will also be making procurement decisions slightly easier and anything that reduces the complexity is a bonus.

There will be more detail in the full results, due March 20, but WANdisco in continuing its strong upward momentum and as a specialist in the big data enabling area is a good indicator of market activity.

Looks like a bubble about to burst, market cap ££300m bookings not sales £8m wait for it!

halifax - 15 Jan 2014 16:11 - 485 of 486

Looks like a bubble about to burst, market cap ££300m bookings not sales £8m wait for it!


What a load of crap - more like full year $14.8m. By all means knock the company but do not put up false figures. Not a single mention of £8m in the RNS. Very misleading.

$14.8m WHAT? ..... sure ain't profit! .... is it even t/o? ..... almost certainly not? .... so what is this $14.8m in real terms? .... promises for the future and if so, how far out?

by the way, i do hold some

I did not say it was profit.

bookings up 71% yoy to $4.3m, bringing the total to for full year to $14.8m.

We will have to make our own decisions on this one. If the bookings/ profit does not reflect what the market is looking for, then no doubt the sp will adjust accordingly .
Again the importance of getting in early, yes with risk.

dc thought you squelched us tell us how much is $14.8m bookings not sales in ££££s?

Do not put your mistake on me, :-))

dc answer the question.

Who do you think you are please ?

And again a company you could of made a lot of money from and missed the boat.

well we know who we are even if you don't own up to being the arch ramper!

A rude individual.

dc the truth always hurts.

Carry on ------------------------

MONEYAM I STRONGLY OBJECT TO THIS -

halifax - 15 Jan 2014 22:15 - 495 of 498

well we know who we are even if you don't own up to being the arch ramper!

dc your alter ego is being exposed.

Oh dear another attack ,i'm interested who is DC ? this is another rubbish share they ramped ,just over £2 when the thread started and hit £15 within 18 months ,,am i missing something ? i don't get it.

:-))

WAND's sector is an excellent one to be in, so don't knock it