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/

Significant Financial Services Contract Win
RNS
RNS Number : 7665A
WANdisco Plc
03 January 2018

3 January 2018
WANdisco plc
("WANdisco," or the "Company")
LEI: 213800Y1A75RSC698O04

SIGNIFICANT FINANCIAL SERVICES CONTRACT WIN

Record $4.3 million contract secured through IBM OEM partnership

WANdisco (LSE: WAND), the live data company, today announces a record contract win with one of the world's leading financial institutions (the "Client") to deploy the Company's patented live data platform, WANdisco Fusion ("Fusion"), rebranded as IBM Big Replicate, directly to the Client. The agreement, which is the second multi-million dollar contract in the financial services sector secured by WANdisco during 2017, will be delivered through the Company's IBM OEM partnership and is valued at $4.32 million in royalties to be paid to WANdisco.

WANdisco Fusion was selected after an extensive period of testing by the Client and was deemed to be the only enterprise-grade solution able to support critical Cloud and Big Data applications. Fusion will be used to enable the Client to move critical live data seamlessly between both primary and disaster recovery sites and the Cloud whilst ensuring the data is always available.

The Company continues to demonstrate that WANdisco Fusion is the only solution that can enable organisations to seamlessly move large volumes of live data with consistent and continuous availability whilst meeting regulatory requirements. WANdisco's patented technology ensures our customers are able to multiply the impact of their IT investment to support exponential data growth without growing the IT budget.

David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:

"We are delighted to have secured this record contract win, which further endorses our strong credentials within the financial services sector as well as providing additional validation that our IBM partnership is successfully delivering our solutions into very large enterprise customers.

"As a result of Fusion's unique capability, we have developed a significant new business pipeline across multiple industry verticals not only through our partnership with IBM, but via our other channel partners, as we maximise our routes to market."

3 Jan
Peel Hunt
1,000.00
Buy

D.I.S.C.O :-))

WANdisco announces new VP of Research
RNS
RNS Number : 8039B
WANdisco Plc
15 January 2018

15 January 2018

WANdisco plc

("WANdisco" or the "Company")

Gaining momentum: WANdisco announces new position and hire of a VP of Research

WANdisco (LSE: WAND), the Live Data company, announced today the addition of Ramki Thurimella Ph.D as VP of Research in the company's Silicon Valley headquarters. Ramki joins the company with extensive experience in algorithm design and information security. Prior to joining WANdisco he was Director of Cybersecurity and the Chair of Computer Science at the University Denver where he conducted sponsored research for the National Science Foundation in algorithms and cybersecurity.

Ramki will be working with Chief Scientist, Inventor and Co-Founder, Dr Yeturu Aahlad Ph.D, in Fusion Kernel, WANdisco's technology incubator, which looks at new use cases for the Company's patented Distributed Coordination Engine™ (DConE) and their transformation into successful commercial products.

David Richards, CEO and Co-Founder of WANdisco said:
"I am delighted Ramki has joined WANdisco to explore new applications for our unique replication technology. With the growth of distributed ledger technologies such as Blockchain, I have no doubt that Ramki's background in encryption will be invaluable as we look to address challenges prevalent in new distributed computing applications."

Ramki Thurimella, VP of Research said:
"I'm joining WANdisco at a true industry inflection point where the potential of its patented Distributed Coordination Engine technology is only just beginning to be realized. I believe there are many other innovative products we can bring to market to complement the company's existing Source Code Management and Big Data and Cloud portfolios."

Trading Update
RNS
RNS Number : 9773B
WANdisco Plc
16 January 2018

16 January 2018

WANdisco plc
("WANdisco" or the "Company")
Trading Update

Record bookings, up 45% year on year to $22.5 million

Strong growth in WANdisco Fusion bookings drives significant business momentum
WANdisco (LSE: WAND), the live data company, provides an update on the performance of its business in the second half and full year results to 31 December 2017.
Key financial highlights
· Record bookings secured in 2017, up 45% year-on-year to $22.5 million (2016: $15.5 million)
· Bookings in H2 2017 up 28% year-on-year to $12.3 million (H2 2016: $9.6 million)
· Big Data bookings for WANdisco Fusion ("Fusion") up 121% in 2017 to $15.7 million (2016: $7.1 million)
· Source Code Management bookings in line with expectations
· Announced a new $5.0 million term loan facility with Silicon Valley Bank, with an additional $3.0 million revolving credit facility
· Successfully placed 2.97 million shares on 4 December 2017, raising gross proceeds of $22.0 million
· Cash of $27.4 million, including $4.0 million from the new growth capital facility, at 31 December 2017 (30 June 2017: $9.9 million)
Key operational highlights
· Strong commercial momentum and an engaged partner channel, evidenced by landmark WANdisco Fusion wins across multiple industries
o Announced two new contract awards for WANdisco Fusion with major financial institutions, a record $4.32 million contract win as well as a $4.1 million contract, both of which were secured through our IBM OEM partnership
o Secured a $2.0 million contract for WANdisco Fusion with one of the world's largest retailers
o Announced a first contract win for WANdisco Fusion in the healthcare sector with a major American healthcare company

· Continued efforts to evolve and advance the products that underpin our momentum
o Released WANdisco Fusion® 2.11, the latest version of the Company's patented data replication product which includes substantial performance improvements to the Fusion core replication engine, resulting in flexible installation processes for users, as well as significant product performance improvements of up to 75% from the prior version

· Deepened integration with major industry players and collaboration with key partners to further enhance our market potential
o Announced an OEM partnership with Virtustream, a Dell Technologies company, for WANdisco Fusion, worth a minimum of $3.6 million
o Launched one of the industry's first Hybrid Data Lake architecture in collaboration with Amazon Web Services ("AWS")
o Integrated with AWS Snowball, a secure appliance to transfer large amounts of data in and out of the AWS cloud
o Fully integrated with Microsoft Azure Databox and HD Insights, enabling the purchase of WANdisco Fusion on the Azure Marketplace


David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:

"We are delighted to have achieved record bookings for the full year of $22.5 million. This strong momentum has been underpinned by strong bookings for WANdisco Fusion across a variety of major vertical markets, including two large contract wins with major financial services companies. We are also encouraged by the performance of our partner-based go to market strategy, with significant bookings this year from our IBM OEM relationship, and the addition of another significant OEM partner with Dell's Virtustream.

Our market doesn't stand still - and nor does our product. There has been a transformation at WANdisco which started when we launched our core WANdisco Fusion product. We moved from a Hadoop focus towards providing a general data replication platform and we now support Cloud Object Storage and a variety of other technologies, increasing our addressable market. We have made significant improvements to our core WANdisco Fusion product, making it more flexible, easier to install, and faster with reduced complexity. This should further increase our abilities to win new business in the future.

We have begun 2018 with a strong new business pipeline across multiple industry verticals, not only through our partnership with IBM, but also via our other channel partners, as we maximise our routes to market. With the proceeds of the recent placing we have the resources to capitalise on the opportunity in front of us."

WANdisco announces new sales partnership
RNS
RNS Number : 1146D
WANdisco Plc
29 January 2018

29 January 2018

WANdisco plc
("WANdisco" or the "Company")
WANdisco announces new sales partnership with Bytes Technology Group UK

WANdisco Fusion to serve as core component of Bytes' Cloud Solutions
Significantly expands WANdisco's sales channel opportunities

San Ramon, California - WANdisco (LSE: WAND), the Live Data company, announces today it has secured a sales agreement with Bytes Technology Group UK, a leading provider of software licensing & cloud services and a subsidiary of the $2.75bn Altron Group, to co-sell and re-sell WANdisco's patented Live Data platform, WANdisco Fusion, as its standard cloud migration solution to UK customers.

Bytes is Microsoft's largest partner in the UK and a Cloud Licensing Solutions EMEA Partner, with a market share of 35% for Microsoft Azure in the UK. Bytes is also an Oracle Cloud Partner and has a strong relationship with Amazon Web Services. With WANdisco Fusion® already fully integrated with Microsoft Azure Data Box, Microsoft Azure HDInsight and AWS Snowball the synergies of the sales partnership with Bytes are clear. Bytes' customers include leading brands such as Marks & Spencer, BBC, NHS, Clifford Chance, United Utilities and thousands more across the retail, media, finance, manufacturing, legal and the public sectors.

David Richards, CEO and Co-Founder of WANdisco said:
"We are very excited about our new partnership with Bytes - they hold strong relationships with our existing partners and the contract significantly expands our sales channel opportunities. It is also another proof point of the critical role our Live Data platform, WANdisco Fusion, plays in the cloud and on-premise ecosystem."

Neil Murphy, UK Group Managing Director said:
"When considering sales partners for our Cloud Solutions portfolio, WANdisco was the clear choice. With this announcement, we are able to bring the benefits of WANdisco's unique Live Data platform to our customers who need to migrate data to the cloud, and run hybrid environments while ensuring their data is always available, accurate and protected."

1 Feb
Peel Hunt
1,000.00
Buy

Preliminary Results
RNS
RNS Number : 9050G
WANdisco Plc
07 March 2018

7 March 2018
WANdisco plc
("WANdisco", the "Company" or the "Group")

Preliminary unaudited results for the year ended 31 December 2017

WANdisco delivers revenue growth of 73%

WANdisco (LSE: WAND), the live data company, announces preliminary unaudited results for the year ended 31 December 2017.

Financial highlights
· Record bookings1 secured in 2017, up 45% year-on-year to $22.5 million (2016: $15.5 million)
o Big Data bookings for WANdisco Fusion ("Fusion") up 121% in 2017 to $15.7 million (2016: $7.1 million)
o Source Code Management bookings in line with expectations
· Bookings in H2 2017 up 28% year-on-year to $12.3 million (H2 2016: $9.6 million)
· Revenue for the year increased 73% to $19.6 million (2016: $11.4 million)
· Cash overheads2 contained at $24.5 million (2016: $23.4 million) reflecting our ongoing focus on cost control
· Adjusted EBITDA3 loss $0.6 million (2016: $7.5 million loss)
· Statutory loss from operations increased to $13.5 million (2016: $9.3 million)
· Announced a new $5.0 million term loan facility with Silicon Valley Bank, with an additional $3.0 million revolving credit facility
· Successfully placed 2.97 million shares on 4 December 2017, raising gross proceeds of $22.0 million
· Cash of $27.4 million, including $4.0 million from the new growth capital facility, as at 31 December 2017 (31 December 2016: $7.6 million)
· Cash burn reduced to $5.3 million (2016: $8.3 million)

Operational and strategic highlights
· Established a partner ecosystem further enhancing our market potential
o Secured another significant OEM partnership with Virtustream, a Dell Technologies company, worth a minimum of $3.6 million over 3 years, increasing the leverage of our distribution channel
o Fully integrated WANdisco Fusion with Amazon Web Services ("AWS") Snowball, Microsoft Azure Databox and HD Insights

· Commercial strategy delivering clear results in new and established sectors
o Our OEM partnership with IBM is delivering clear results securing two record contract wins with major global financial institutions, each worth in excess of $4 million
o Our product is gaining traction in new sectors with the first contract wins for WANdisco Fusion secured with marquee clients in the retail and healthcare sectors

· Continued investment in research and development to evolve our product
o Released WANdisco Fusion® 2.11 which includes substantial performance improvements to the Fusion core replication engine, resulting in flexible installation processes for users, as well as significant product performance improvements of up to 75% from the prior version
o Appointed new VP of Research to explore new applications for our unique replication technology

· Strong order book and sales pipeline going into 2018

David Richards, Chief Executive Officer and Chairman of WANdisco, commented:

"This has been a pivotal year for WANdisco - following the transformation of our financial position during 2016, we have focused on building a commercial strategy which will deliver sustainable long-term growth. By expanding our partnership ecosystem we have significantly extended the reach of WANdisco Fusion, unlocking new sales opportunities in a cost effective manner.

Our partnership with IBM brought two new record contracts during 2017 and integrations with AWS, Microsoft and Virtustream give me confidence that we can take advantage of the significant market opportunity for WANdisco Fusion. Organisations across the world are recognizing the value of being able to harness live data at scale and our technology is gaining increasing traction across new sectors and markets.

Our strategy is delivering clear results; we have increased revenue by 73% while maintaining control of our costs, bringing us significantly closer to our goal of cash flow breakeven. We have started 2018 with a strong new business pipeline and I am confident WANdisco is well positioned to take advantage of a wide range of sizeable growth opportunities."

Appointment of Joint Corporate Broker
RNS
RNS Number : 9051G
WANdisco Plc
07 March 2018



7 March 2018

WANdisco plc
(LSE: WAND)

Appointment of Joint Corporate Broker

WANdisco plc (LSE: WAND) the live data company, is pleased to announce that it has appointed WH Ireland Limited as joint corporate broker alongside Stifel and Peel Hunt LLP.

ENDS

WANdisco announces Co-Sell status with Microsoft
RNS
RNS Number : 3188H
WANdisco Plc
12 March 2018

12 March 2018


WANdisco gains Co-Sell status through Microsoft One Commercial Partner Program


WANdisco's Live Data Platform Enables Microsoft Azure Customers to Seamlessly Move Data Between On-Premise & Cloud


WANdisco plc (LSE: WAND) the Live Data company, is pleased to announce that it has achieved Co-Sell status through the Microsoft One Commercial Partner Program. The new status was achieved after meeting rigorous criteria to become Co-Sell Ready including integration of WANdisco Fusion® with Microsoft Azure Databox and Azure HD Insights.

As a result, WANdisco can now take the WANdisco Fusion® Live Data Platform to market as a packaged offering with Microsoft Azure. WANdisco's dedicated partner managers will work directly with the Microsoft Field Sales Team on Hybrid Cloud customer opportunities and related account planning activities.

WANdisco Fusion® provides continuous replication of selected data at scale between multiple Big Data and cloud environments. With guaranteed data consistency and continuous availability, Microsoft Azure customers will now have easy access to the cost-saving benefits of WANdisco Fusion's® hybrid architecture for on-demand data analytics and offsite disaster recovery.


David Richards, CEO and Co-Founder of WANdisco said:
"This is another exciting development in our relationship with Microsoft and significantly expands our sales channel opportunities. Our new Co-Sell status is another validation of our go-to-market strategy and helps to ensure the most effective route to market for our technology."

"We are seeing significant demand from customers who want to expand their on premise data lake into Microsoft Azure," said John 'JG' Chirapurath, General Manager of Data Platform Marketing, Microsoft Corporation. "WANdisco Fusion® enables continuous data replication for Microsoft Azure and HDInsight customers who also want to maintain on premise consistency at scale."

10:10 03/05/2018
Broker Forecast - Peel Hunt issues a broker note on WANdisco
Peel Hunt today reaffirms its buy investment rating on WANdisco (LON:WAND) and set its price target at 1000p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Good rise today.

Inaugural Multi-Cloud Contract Win
RNS
RNS Number : 0162M
WANdisco Plc
03 January 2019

3 January 2019
WANdisco plc

("WANdisco," the "Company" or the "Group")

Inaugural Multi-Cloud Contract Win

$565k contract for multi-cloud and multi tenancy use cases

WANdisco (LSE: WAND), the LiveData company, is pleased to announce it has secured its first multi-cloud contract with one of the largest mobile network operators in the world (the "Client"). The agreement is valued at approximately $565,000 and will see the Client deploy the Company's patented Big Data and Cloud product, WANdisco Fusion for Multi-Cloud ("Fusion").

The contract was won directly by WANdisco, whilst working with Amazon Web Services. The Client will deploy Fusion to enable continuous replication of data across multiple Amazon cloud environments and locations. This marks the first contract where a Client will utilise Fusion for both multi-cloud and multi-tenancy use cases. The initial three-year subscription contract is valued at approximately $565,000 with opportunities for expansion during the term. The contract was closed and will be recognised in FY 2018.

WANdisco Fusion for Multi-Cloud allows for consistent global data across an organisation allowing customers to replicate data across a multi-cloud architecture with guaranteed data accuracy. The technology allows for the optimisation of a multi-vendor cloud strategy ensuring data is concurrently available in different cloud applications, preventing vendor lock-in while cutting total cost of ownership through reducing switching costs across different cloud vendors.

WANdisco Fusion is the only solution that can enable organisations to seamlessly move large volumes of data with consistent and continuous availability whilst meeting regulatory requirements. WANdisco's patented technology ensures our customers are able to leverage the impact of their IT investment to support exponential data growth without growing the IT budget.

David Richards, Chief Executive Officer and Chairman of WANdisco, commented:

"It is becoming increasingly unlikely that businesses of this scale will chose to depend on a single cloud vendor for their data requirements. We are seeing businesses with complex data requirements choose multiple suppliers for a range of specialised data use cases. This requires data to be replicated across a multi-cloud architecture with guaranteed data accuracy. The only technology that can enable such live data at scale is WANdisco Fusion.

"We built strong momentum during the second half of FY18, leveraging the full power of our sales model and winning contracts which are increasingly recurring in nature, both directly through our salesforce and through our partnerships with IBM, Microsoft and Amazon."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by David Richards, CEO and Chairman.

WANdisco launches new jointly engineered solution with IBM
StockMarketWire.com
Distributed computing software company WANdisco said it had launched a new joint-engineered solution with IBM to support relational database technology.

The so-called IBM Db2 Big SQL solution was created to extend the capability of IBM Big Replicate -- IBM's product name for WANdisco Fusion -- to support scenarios where customers were looking to take advantage of hybrid cloud.

'This co-engineered SQL solution with IBM is an exciting breakthrough for WANdisco as this is the first time that our technology has been applied to SQL data,' chief executive id Richards said.

'This launch also represents a significant advancement of our relationship with a key partner and the scope of our addressable market in IBM's channel.'

'WANdisco's unique technology presents great opportunity to collaborate with partners to address novel data requirements that previously have not been possible to meet.'

At 8:31am: (LON:WAND) WANdisco share price was +31p at 541p


Story provided by StockMarketWire.com