Sheffield-headquartered live data company WANdisco has secured a $2.15m contract with a Chinese smart devices and technology infrastructure firm.
The agreement will see the as yet unnamed firm deploy WANdisco’s patented Fusion platform. The client has purchased a limited perpetual license to use Fusion and WANdisco said “there remains significant opportunity for further growth as the use cases… expands over time.”
David Richards (above), the CEO and Chairman of WANdisco, said: “China remains a largely untapped market for us, but we have steadily built our presence both with a direct sales channel as well as our OEM with Alibaba, the largest cloud vendor in Asia.
“The Client is a global company with presence in multiple geographies. We have established a strong strategic alliance which forms a solid platform from which to grow our opportunity in the future.”
China represents a significant opportunity for the Company with the cloud marketplace undergoing rapid expansion including the proliferation of multi-cloud uses for technologies such as artificial intelligence and edge computing. Together with its OEM relationship with Alibaba, the Directors believe that the Company is in a strong position to take advantage of the growing opportunity for its software in Asia.
WANdisco also announced that its results for the full year ended 31 December 2018 will be released on Wednesday 24 April 2019.
