WANdisco boost as group seals $1m China con­tract

Yorkshire Post - Business - - FRONT PAGE - Greg Wright DEPUTY BUSI­NESS EDI­TOR @greg­wrightyp

BIG data firm WANdisco yes­ter­day re­vealed that it had sealed a $1m con­tract in China.

WANdisco has se­cured a con­tract with a lead­ing in­for­ma­tion and com­mu­ni­ca­tions tech­nol­ogy provider in China for its Source Code Man­age­ment prod­uct.

In a state­ment, WANdisco said: “The con­tract was se­cured di­rectly by WANdisco.

“The con­tract rep­re­sents an ex­pan­sion of an ex­ist­ing re­la­tion­ship with a key client, and a pro­por­tion of the rev­enue will be re­cur­ring in na­ture.”

David Richards, in­set, the chief ex­ec­u­tive of­fi­cer and chair­man of WANdisco, com­mented: “The Chi­nese mar­ket rep­re­sents a sig­nif­i­cant un­tapped op­por­tu­nity for us, in par­tic­u­lar through our re­cently launched prod­uct with Alibaba and the en­able­ment of re­sellers.

“Our abil­ity to re­tain and ex­pand key cus­tomer re­la­tion­ships il­lus­trates the strength and mis­sion crit­i­cal­ity of our prod­ucts as our mar­ket op­por­tu­nity in China con­tin­ues to ex­pand.”

Sh­effield-based WANdisco is a big data spe­cial­ist which helps some of the world’s largest firms trans­fer in­for­ma­tion from servers into the cloud.

The amount of data in the world is set to quadru­ple be­tween now and 2020.

Mr Richards be­lieves this trend will pro­vide ma­jor op­por­tu­ni­ties for growth.

The Sh­effield-born tech ty­coon re­cently re­vealed that he was spend­ing more than £1m of his own money on a foun­da­tion to boost com­puter sci­ence in lo­cal schools.

The com­pany has of­fices in the Elec­tric Works in Sh­effield, Cal­i­for­nia and China, Ja­pan, Belfast, Aus­tralia and In­dia.

In recent months, the com­pany’s big data prod­uct, WANdisco Fu­sion has con­tin­ued to se­cure prom­i­nent new cus­tomers, par­tic­u­larly within the bank­ing, in­sur­ance, and telecom­mu­ni­ca­tions sec­tors

The Mr Richards re­cently told York­shire Post

that he hoped to hire more staff at WANDisco’s base in Sh­effield, which cur­rently em­ploys around 75 peo­ple.

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