WANdisco secures $3m contract with US health insurer

Software company WANdisco has secured its largest ever cloud contract with a "major" US health insurer, worth around $3m.

The three-year contract will see the client deploy WANdisco's patented Big Data and Cloud product, WANdisco Fusion. The client will start using Fusion for on-premise and hybrid cloud use cases.

WANdisco said the contract leverages its strategic co-sell relationship with Microsoft as the client looks to move data to the Azure cloud. It said the client has substantial data requirements across its 22,000 employees and 15 million members, representing a significant opportunity to grow the subscription over time.

Chief executive officer and chairman David Richards said: "This contract illustrates the significant traction we are gaining in healthcare and other key industries. Our pipeline continues to grow, and we remain confident and excited about our future.

"The customer has vast data streams which need to be consistently and continuously available during migration to cloud, hybrid cloud and multi-cloud. WANdisco Fusion remains the only technology capable of fulfilling this. This is an excellent demonstration of how we continue to enable the migration of critical live data at scale for Microsoft Azure, and other cloud leaders."

At 1115 GMT, the shares were up 10% to 461p.