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/

but from the bottom of the pit and on minuscule volume

Another 10% today. :-))

What down again?

Up Stan.

7 day chart

Nice one, you still in these D/C?

Back in yes Stan. :-)) Very short term.

D/C short term is the new long term and very wise in my humble.

100% Stan, :-))

Big move today, up 23%

Certainly doing well, up another 16% today.

certainly a strong recovery from the gutter, but remain aware that it was exactly that

Agree, one or two Big data companies are doing well of late. Why this is rising from the ashes, who knows.

Good while it lasted.


2015 year-end update
RNS
RNS Number : 5866O
WANdisco Plc
10 February 2016

10 February 2016



WANdisco plc



2015 year-end update



Big Data and ALM contract wins



Reduced cost base





WANdisco (LSE: WAND), the leading provider of non-stop Big Data, provides an update on trading and operations for the year ended 31 December 2015.

Big Data and ALM contract wins
2015 revenue is expected to be slightly below analysts' expectations
Further cost reductions in the second half are expected to result in a full-year adjusted EBITDA loss better than analysts' expectations
Reduced net cash consumption in the second half
$10m credit facility remains undrawn


Revenue for the year ended 31 December 2015 is expected to be slightly below analysts' expectations. Despite new sales bookings continuing to show variability, revenue benefitted from deferred revenue released from prior period bookings, many of them multi-year contracts.



Cost control continued to be strong and as a result cash overheads were, as expected, lower in the second half than in the first half. The ongoing benefits of this, coupled with additional cost actions taken so far this year, will result in a significantly reduced cost base for 2016.



Adjusted EBITDA loss is expected to be less than analysts' expectations, a result of the solid revenue result and the progressive cost reductions achieved during the year.



Big Data



The volume of contract wins secured in the first half was maintained in the second half. Contract wins, as indicated in previous announcements, continue to exhibit variability in the timing of their completion. An increasing number of contract wins are resulting from scale-ups with existing customers, showing the benefit of the growth in our customer base.



Our implementations have accelerated, with six of our Big Data customers now live and others in advanced deployment. We expect these implementations to lead in due course to additional scale-up contracts.



The latest version of our Fusion product was announced in December, addressing key requirements brought into focus by the rapid adoption of mixed, including cloud-based, data storage.



Our partner relationships developed significantly in the second half of the year. Marketing and co-selling activity increased with IBM, Oracle, Amazon and others.



ALM



In our Application Lifecycle Management business, increased focus resulted in improved sales bookings towards the end of the year.



New customers since the end of the first half include corporations developing applications for gaming, hospital systems and securities trading. Add-ons for existing customers benefitted from greater sales focus, and have included a large user expansion at a global telephony software developer. Renewals have continued to contribute a substantial proportion of sales, including a significant renewal from a wireless network testing business.



Costs and cash consumption



Operating costs have continued to be reduced, with cash overheads, as expected, lower in the second half than in the first half. These reductions have resulted both from the simplicity and openness of the Fusion product's architecture and from generalised cost disciplines across all operating functions.



Principally as a result of reductions in cash overheads, our net consumption of cash was significantly reduced in the second half, resulting in a net cash balance of approximately $3m at the close of the year. With strong cash collection and further cost reductions so far in 2016, we have moved significantly closer to cash break-even.



Our $10m credit facility with HSBC remained undrawn at the close of the year.



Results date



Our audited results announcement will be released on 16 March 2016.





David Richards, WANdisco Chief Executive Officer, comments:



"Our live customers demonstrate that our Fusion product for mixed Big Data, including Cloud environments, is highly relevant to its marketplace. Our partners have recognised this by increasing their go-to-market activities with us.



In our ALM business, I am particularly pleased with our improved sales bookings towards the end of the year, validating our increased focus on this market.



We reduced costs progressively through the year. Whilst the timing of contract wins remains variable, I am confident that WANdisco enters 2016 on a strengthened operational footing."

rocket/stick or pump/dump ..... both could easily apply

They cannot be far off from needing cash. They have been big cash burners in the past.

quite tempting to go short

Brokers note out today -

10 Feb finnCap N/A Corporate
3 Feb finnCap 375.00 Corporate

Good rise over the week.

I hope this will push towards 200p .

OEM Sales Partnership with IBM

RNS


RNS Number : 5890W

WANdisco Plc

28 April 2016




28 April 2016

WANdisco launches OEM sales partnership with IBM



· WANdisco Fusion to be embedded as a standard component in select IBM software solutions



· Extended partnership significantly expands Fusion's addressable market and sales channel with joint development expected



WANdisco (LSE: WAND) has entered into a non-exclusive OEM ('Original Equipment Manufacturer') sales agreement with IBM under which IBM intends to sell WANdisco's Fusion data replication product.



Fusion will be sold as a standard IBM-branded component of IBM storage and analytics products, covering Hadoop or non-Hadoop, and on-premise or cloud environments. In addition, IBM will have access to the Fusion Software Development Kit ('SDK') to create new additions to IBM solutions, enabling self-sufficiency in extending the use of Fusion. This agreement represents a substantial increase in our addressable market and a significant extension of our channel strategy.



Ritika Gunnar, VP, IBM Big Data and Analytics, commented on the importance of data replication for IBM's big data and cloud strategy during a March 2016 interview with Silicon Angle*: "IBM's platform is about all insight on all data, not only on-premise but also in the cloud, where the majority of data is being generated and where the majority of the growth is. With WANdisco Fusion we can activate all data - whether it's on premise, in the cloud or in multiple Hadoop distributions - and ensure it's continuously available everywhere customers want to use it."



WANdisco will receive a royalty on the Fusion component of IBM sales. Whilst we expect that revenues will begin to flow during the second half of this year, we will provide further guidance once product launches have taken place and initial customer uptake has been evaluated.



Joint development work, funded by IBM, will complete the integration of Fusion with the IBM platform over the coming months. The impact upon WANdisco's operating costs, net of IBM's funding contribution, is expected to be minimal in the short term.



David Richards, WANdisco Chief Executive, comments:

"The extension of our IBM partnership into an OEM firmly embeds Fusion into IBM's offerings. We now will benefit from IBM's global sales reach and economies of scale in delivering our product.



This agreement marks a significant milestone in our emergence as a critical part of cloud data and storage infrastructure. Whilst our initial focus is on IBM's big data and cloud offerings, our agreement also enables IBM to use Fusion, over time, to replicate data across additional applications requiring continuous data. It is a strong endorsement of WANdisco's unique technology, from the world's largest big data and cloud company."