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Thursday 17 July 2014

WANdisco wins another Big Data customer

LogoWANdisco bagged another Big Data customer during Q2 as a wholesale logistics technology provider to the pharmaceutical industry signed up. That meant Big Data revenue was $100k for the quarter – it may not be much but it is progress. Management also said a number of pre-contract evaluations were progressing and it expects a “significant proportion’ of these to convert to subscription contracts but the end of the year. Every little helps in a market where adoption in conservative and revenues are low – see our analysis on WANdisco and the Big Data market here. The pipeline may be starting to flow but we’ll remains cautious until the conversions are made.  

The established Application Lifecycle Management (ALM) side of the business had a slight but unusual blip with bookings slightly off at 9% growth ($3.3m vs. $3.1m) as some large customers delayed purchasing decisions but there was activity in terms of new customers and renewals. Across the whole company (i.e. ALM and Big Data), bookings growth was up 11% yoy.

The company also signed a partnership with Oracle to participate in its Big Data appliance programme. As we said in the research piece referenced above, WANdisco needs to up its game in the partner stakes.    

Posted by: Angela Eager at 07:34

Tags: trading   software   bigdata  

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