Member Article

Sheffield software firm WANdisco reports 87% growth

WANdisco plc in Sheffield, a provider of continuous-availability software has reported a 87% year-on-year growth rate this morning.

This brings bookings for the full year to a total of $14.8m (FY 2012: $7.92m).

In the fourth quarter, subscription bookings totalled $4.3m: a record Q4 performance (Q4 2012: $2.5m) representing year-on-year growth of 71%.

WANdisco also has offices in San Ramon, California, in the the US.

New customers to the company include Goldman Sachs, Manulife Financial Corporation, SanDisk, Marvell Technology Group, T. Rowe Price, H3C Technologies, Tangoe Inc. and ASML Holding.

Returning customers include NCR and Juniper Networks.

Commenting on today’s Bookings Update David Richards, Executive Chairman and CEO, said: “This is a record Q4 bookings performance for our business, following what was also a record bookings performance in Q3.

“Our ALM business continues to deliver rapid growth driven both by the addition of new, blue-chip customers and by the renewal of subscriptions by existing customers, often for extended periods and for increasing numbers of users.

“We have secured exciting Proofs of Concept for our Big Data solutions with blue-chip organisations, further proving the strength of our offering here.

“These are a direct result of the strategic channel partnerships we built last year with Cloudera and Hortonworks and we are delighted that this strategy is producing results so quickly.

“We look forward to updating the market on our experience of early implementations in due course.”

This was posted in Bdaily's Members' News section by Clare Burnett .