WANdisco Plc Big Data contract win (5944B)
January 08 2015 - 1:00AM
UK Regulatory
TIDMWAND
RNS Number : 5944B
WANdisco Plc
08 January 2015
8 January 2015
Big Data contract win
British Gas scales up its WANdisco Big Data solution
British Gas, the UK's largest utilities and home services
provider, has significantly scaled up its WANdisco (LSE: WAND) Big
Data solution for live customer-facing operations. The resulting
new three-year subscription is WANdisco's largest Big Data deal to
date, with a value of $750,000.
An initial trial deployment of WANdisco's Non-Stop Hadoop
(announced on 20 March 2014) enabled British Gas to capture
real-time data from over a million household Smart Meters, to
demonstrate cost savings in data storage and processing, and to
minimise data loss and downtime in compliance with regulations.
WANdisco was able to demonstrate performance and scale that
otherwise could not have been achieved.
Non-Stop Hadoop is now going into live production, with the
amount of data under management scaled up to more than twice its
original level. Real-time analytics from the 'Connected Homes'
programme will bring benefits such as dynamic matching of energy
supply with demand patterns.
Across the whole British Gas data infrastructure, Non-Stop
Hadoop accelerates the transformation to a consolidated and
available body of management information, for which data centre
storage and processing will be handled more efficiently and less
expensively.
David Richards, WANdisco Chief Executive, comments:
"Customers see our Hadoop technology as critical for enterprise
big data deployments. Enlarging our footprint with existing
customers like British Gas, in addition to gathering new customers,
is a very important part of our strategy. This deal clearly
demonstrates our ability to expand a small initial big data
deployment into a much larger deal."
A full update on fourth quarter sales bookings will be released
on 19 January.
For further information please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive Officer
Paul Harrison, Chief Financial Officer
Phil Branston, VP Corporate Development
& Investor Relations
FTI Consulting +44 (0)20 3727 1000
Matt Dixon / Rob Mindell / Roger Newby
Investec (Joint Broker and NOMAD) +44 (0)20 7597 4000
Chris Baird / Dominic Emery
UBS Investment Bank (Joint Broker) +44 (0)20 7567 8000
Rahul Luthra / Sandip Dhillon
About WANdisco
(LSE: WAND) is a provider of enterprise-ready, non-stop software
solutions that enable globally distributed organizations to meet
today's data challenges of secure storage, scalability and
continuous availability. WANdisco's products are differentiated by
the company's patented, active-active data replication technology,
serving crucial continuous availability requirements, including
Hadoop Big Data and Application Lifecycle Management (ALM),
including Apache Subversion and Git. Fortune Global 1000 companies,
including Juniper Networks, Motorola, Intel and Halliburton, rely
on WANdisco for performance, reliability, security and
availability. For additional information, please visit
www.wandisco.com.
Disclaimer
This announcement contains forward-looking statements that are
based on current expectations or beliefs, as well as assumptions
about future events. Undue reliance should not be placed on any
such statements because they are subject to known and unknown risks
and uncertainties and can be affected by other factors that could
cause actual results, and WANdisco's plans and objectives, to
differ materially from those expressed or implied in the
forward-looking statements. WANdisco undertakes no obligation to
revise or update any forward-looking statement contained within
this announcement, regardless of whether those statements are
affected as a result of new information, future events or
otherwise, save as required by law and regulations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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