dreamcatcher
- 07 Jul 2012 23:31
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/

dreamcatcher
- 04 Aug 2012 16:34
- 7 of 716
WANdisco feels ‘wonderful effect’ of exchange listing
SOFTWARE company WANdisco, which floated on the stock exchange last month, reported a 60 per cent increase in subscriptions in the first half of 2012.
The Sheffield-based company said trading for the first six months of the year has been strong and it has signed up a number of new clients including office equipment company Ricoh and postage machine group Pitney Bowes.
WANdisco’s chief executive David Richards said the group’s float – the first Yorkshire company to list on the London Stock Exchange in two years – has had “a wonderful effect”.
“It’s been very positive. The main effect is when hiring people. We’ve been able to hire people without recruiters – people are coming to us,” he said.
Ahead of the opening of an office in Belfast, Mr Richards said the group has attracted “real top talent”.
He said that the IPO has also given customers confidence in the business.
“Customers are committing to longer term deals at a higher price,” he said.
During the first half WANdisco won its first customer in China, signing up telecoms equipment company Huawei.
“There’s a lot of scope for growth in China,” said Mr Richards.
“China is a huge market and we’re opening an office in Chengdu, which is a twin city of Sheffield. Chengdu is our Chinese equivalent with a vast industrial sector.”
In the second quarter of 2012, WANdisco’s subscription bookings reached a record level of £1.2m, representing a 43 per cent increase year-on-year.
When combined with bookings of £1m achieved in the first quarter, the company achieved total bookings for the first half of £2.2m, a 60 per cent increase year-on-year.
A number of existing clients renewed their subscriptions including Disney, Juniper Networks, Cisco Systems, Vanguard, McGraw Hill, Telenav, McAfee and ING.
Renewal rates by value rose 230 per cent, based on subscription licence values booked during the period.
WANdisco said many of these customers bought additional user licences, added on more sites or committed for longer time periods.
After adjusting for multi-year deals, the annualised renewal rate by booking value rose by 113 per cent.
During the first half the company launched a new online training subscription product.
“We were getting a lot of requests from customers who wanted to learn how to use our products so we recorded the training material on to a video and we are beginning to sell them,” said Mr Rich- ards.
“We’ve earned $100,000 from this new product. That wasn’t in our forecasts.”
The company generated further cash during the period.
The group said that once it adds the cash generated during the first half with the £15m raised from the float, the business is in a strong position to accelerate growth by increasing the sales team and investing in new products.
“This year we’re hoping to go from a sales team of five to between 20 and 25.
“We’re well on our way to getting there,” added Mr Richards.
Historically WANdisco’s second half is its strongest, due to higher levels of renewals.
The group said it is confident the company is on track to achieve its targets for the current financial year.
Much of WANdisco’s appeal is that nearly 80 per cent of its sales come from the US, which is far more insulated against the recession than the UK and Continental Europe.
The company currently has around 200 customers, which it believes is a small proportion of the total number of companies using its kind of software.
Its blue chip clients include Wal-Mart/Asda, Aviva, AT&T, Barclays, Hewlett Packard, Honda, Intel, Johnson & Johnson, Motorola and Nokia
dreamcatcher
- 21 Aug 2012 15:44
- 8 of 716
up 9.90%
dreamcatcher
- 07 Sep 2012 16:46
- 9 of 716
Notice of Results
RNS
RNS Number : 6438L
WANdisco Plc
06 September 2012
6 September 2012
WANdisco plc
Notification of Results Date
WANdisco plc (LSE: "WAND"), a leading provider of global collaboration software to the software development industry, will report Half Year Results for the six months ended 30 June 2012 on Thursday, 27 September 2012.
dreamcatcher
- 14 Sep 2012 18:06
- 10 of 716
All time high, lets hope it carries on till the results due on the 27th.
dreamcatcher
- 17 Sep 2012 16:08
- 11 of 716
dreamcatcher
- 17 Sep 2012 18:30
- 12 of 716
WANdisco buys German software product
Mon 17 Sep 2012
WAND - Wandisco
Latest Prices
Name Price %
Wandisco 310.00p +6.16%
LONDON (SHARECAST) - WANdisco, a California-based collaboration software developer with operations in Sheffield, has completed the purchase of SmartSVN software from German company, Syntevo.
The $1.0m acquisition was made to enable WANdisco to potentially offer a more complete solution with the provision of a low cost end-user product that can be leveraged to drive sales in WANdisco's target SME market.
SmartSVN, which was launched in 2005 and has been adopted by software developers across more than 2,500 companies, has "platform independence", with versions available for Windows, Linux, Unix and Mac OS X operating systems.
David Richards, WANdisco Chairman and Chief Executive Officer, said: "SmartSVN is proven in the marketplace and the feedback from our existing customers who have used it for years has been excellent. Traditionally our products have been used by large global IT organizations to enable their Subversion servers to perform and scale with 24/7 availability.
"Our primary users have been the Subversion system administrators who maintain the servers in these organisations. Now SmartSVN will enable us to broaden out our solution stack to reach Subversion's millions of end-users, as well as enable us to embolden our efforts to target the important SME market."
WANdisco has engaged the vendor to provide consulting and training services to facilitate the smooth integration of SmartSVN into WANdisco's existing product line.
dreamcatcher
- 19 Sep 2012 07:04
- 13 of 716
Belfast Software Development Centre Established
RNS
RNS Number : 5751M
WANdisco Plc
19 September 2012
19 September 2012
WANdisco plc
("WANdisco" or the "Company")
Belfast Software Development Centre Established
WANdisco doubles software engineering capacity with additional UK base
Sheffield, UK - WANdisco (LSE: WAND), a leading provider of global collaboration software to the software development industry, announces that it has established a new software development centre in Belfast, Northern Ireland.
The centre - the Company's second site in the UK - was opened yesterday by Northern Ireland Enterprise Minister, Arlene Foster, and has been supported by a £360,000 commitment from inward investment agency, Invest Northern Ireland.
WANdisco will hire up to 36 staff at the site, effectively doubling the Company's existing software engineering capacity, and playing a key role in supporting WANdisco's stated growth strategy.
Announcing the centre's opening David Richards, WANdisco Chairman and Chief Executive Officer, said:
"We are aiming to achieve substantial growth within the next three years and the Belfast centre will play a critical role in supporting that growth. When we came to market we made a number of specific commitments, one of which was to invest in developing products that could help us move in to exciting new markets and geographies. The establishment of our new centre in Belfast is a clear example of our continued delivery on these promises."
dreamcatcher
- 23 Sep 2012 13:00
- 14 of 716
Wandisco rns stating results on Thurs, money am saying monday?
WANdisco plc (LSE: "WAND"), a leading provider of global collaboration software to the software development industry, will report Half Year Results for the six months ended 30 June 2012 on Thursday, 27 September 2012.
dreamcatcher
- 27 Sep 2012 07:14
- 15 of 716
Interim Results
Operational Highlights
· IPO successfully completed raising $26m in significantly oversubscribed placing
· 21 new customer wins including McAfee; Cisco; Huawei; Honeywell; FINRA; Nokia Siemens Networks; Pitney Bowes; Huntington Bank; and Ricoh
· Up-sell to 21 existing customers who purchased additional subscription licenses such as Hewlett Packard, John Deere; Fiserv; Sherwin Williams; Emerson; EMC; Syniverse; Prudential; Wells Fargo; and Wal-Mart
· 41 subscription renewals, representing a renewal rate of 114% including customers such as Juniper Networks; Cisco Systems; Vanguard; McGraw Hill; and Disney
· Plans to expand into new geographic markets underway with Huawei signed as maiden customer in China
· Launch of the new UberSVN product with enterprise class access control
http://www.moneyam.com/action/news/showArticle?id=4453045
dreamcatcher
- 27 Sep 2012 09:15
- 16 of 716
:-))
dreamcatcher
- 27 Sep 2012 10:16
- 17 of 716
Keep going Wan
dreamcatcher
- 27 Sep 2012 16:33
- 18 of 716
16% up, a very good day
dreamcatcher
- 27 Sep 2012 16:55
- 19 of 716
WANdisco, a California-based collaboration software developer with operations in Sheffield, posted a 53% rise in revenue for the six months ended June 30th, from $1.91m to $2.92m, with cash bookings up 57% from $2.16m to $3.39m year-on-year. However the loss for period totalled $3.64m compared to $1.2m the same period the previous year, hit by increased operating expenses. Net cash soared to $22.0m from $0.12m a year earlier.
dreamcatcher
- 27 Sep 2012 23:19
- 20 of 716
New customers over the period included McAfee, Cisco, Honeywell, Nokia Siemens Networks, Pitney Bowes and Ricoh. But what has got investors in the stock excited is the emergence of Huawei as a major client in China.
Should WANdisco make further inroads into the burgeoning Chinese techno market, super bulls roar that the stock could double again from current levels.
Read more: http://www.dailymail.co.uk/money/markets/article-2209645/MARKET-REPORT-WANdisco-struts-stuff-AIM.html#ixzz27iD0LoAp
Follow us: @MailOnline on Twitter | DailyMail on Facebook
k
http://www.dailymail.co.uk/money/markets/article-2209645/MARKET-REPORT-WANdisco-struts-stuff-AIM.html
dreamcatcher
- 28 Sep 2012 15:18
- 21 of 716
Had visions of a profit taking day, but no, up 5%
dreamcatcher
- 28 Sep 2012 20:24
- 22 of 716
Balerboy
- 28 Sep 2012 21:20
- 23 of 716
you've done well with this one dc, you made a £1 a share profit and you think it's got more to come?
dreamcatcher
- 28 Sep 2012 21:41
- 24 of 716
it looks very good. It will be good to see the company in profit as it still makes a loss.
I do confess I did not put a thread on here till they started going North due to what I think is a strange company name.
dreamcatcher
- 28 Sep 2012 22:04
- 25 of 716
Last updated: September 27, 2012 7:30 pm
Wandisco chief laments flotation famine
By Mark Wembridge
The chief executive of one of the few software groups to float in London this year has blamed venture capitalists for the lack of fledgling UK technology companies coming to market.
David Richards, head of Sheffield-based software developer Wandisco, said UK venture capitalists lacked sufficient industry knowledge and that was limiting the number of tech flotations.
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Mr Richards’ comments come amid growing debate over how Britain can avoid losing more technology IPOs to the US, especially after the UK government proposed last week to ease listing rules on the London Stock Exchange for high-growth companies.
“I don’t think that there are enough decent technology companies coming out of the UK and it’s a great pity,” he told the Financial Times.
“It’s the job of venture capital to create [good tech companies] and they’re not doing a good enough job in the UK.
“In the US, they have Vinod Khosla, who founded Sun Microsystems, and all sorts of people in venture capitalism who have started businesses. Those sorts of people simply do not exist in the UK and that’s why we don’t have enough decent companies coming to market.”
Like Mr Richards, venture capitalists and other technology entrepreneurs last week also cited a dearth of industry knowledge as a hurdle to there being more UK tech listings. However, they said it was bankers, analysts and later-stage investors who lacked the sufficient knowledge.
Aim-traded Wandisco – which provides software that allows clients such as Hewlett-Packard, Walmart and Lockheed Martin to collaborate over the internet – raised £15m when it joined London’s junior market in June.
The only other technology flotation in London this year was by Incadea, an Austria-based software company that raised £17m when it joined Aim in May.
Blur Group, a business online procurement group backed by ITV chairman Archie Norman, has also announced intentions to join Aim. There has been a drought in main market technology listings since early 2010.
In spite of its relatively small market capitalisation of £75m, Wandisco shares have been on an upward march since they were listed.
Although still lossmaking, Wandisco on Thursday announced a 53 per cent year-on-year jump in revenues to $2.9m and a near 60 per cent increase in subscription bookings to $3.4m, which gave encouragement to investors.
The company’s shares rose 16 per cent to 360p, double their float price of 180p.
In the six months to June 30, Wandisco narrowed its pre-tax losses from $682,000 to $552,000. The loss per share doubled from 15 cents to 31 cents due to higher operating expenses.
Commenting on the listing rules change, Mr Richards said: “Anything that the Government can do to lower the barriers to entry into the market is a good thing. A lot of companies have been scared off from listing by the current rules
dreamcatcher
- 28 Sep 2012 22:26
- 26 of 716