WANdisco secures new contract with unnamed US retailer

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Sharecast News | 14 Jun, 2017

Updated : 16:32

17:25 04/10/24

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Provider of ‘active data replication’ services WANdisco announced on Wednesday that it had secured a new contract with a “major American multinational retail corporation”, which remained unnamed.

The AIM-traded firm said the contract was secured directly by WANdisco and was valued at approximately $2m, which would be paid in full, up-front in 30 days.

It would see the Client deploy the company's patented ‘Big Data’ and ‘Cloud’ product, WANdisco Fusion, on a three and a half year subscription licence agreement.

Fusion was deemed to be the only enterprise-grade solution available which enabled the client to move active, critical data seamlessly between primary and disaster recovery sites and the ‘Cloud’ with no downtime, WANdisco said.

The client would now be able to generate increased levels of efficiency within its existing disaster recovery portfolio, which could lead to a significant reduction in future storage capex and an improved ability to capture transactional data, it explained.

With Fusion, that could be achieved with no change in the client's ability to capture and analyse customer data from its stores and website.

“For a retailer of this scale downtime is not an option,” said WANdisco CEO David Richards.

“The client is replacing legacy systems so it can generate greater levels of consumer insight and merchandising intelligence - data which is invaluable in the retail sector.

“With our patented technology, the client can now move large volumes of critical data and upgrade its systems seamlessly, whilst maintaining strict service level agreements across its disaster recovery operations.”

Richards said the contract marked its entry into the retail sector - a new vertical for WANdisco - demonstrating that the requirement for Fusion existed across a multitude of industries globally.

“Our strong contract momentum continues to highlight Fusion's unique ability to empower global organisations to leverage their Big Data applications and unlock the full potential of Cloud analytics.”

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