Big data bet shows promise for WANdisco boss David Richards

first_img Show Comments ▼ Big data bet shows promise for WANdisco boss David Richards whatsapp whatsapp Monday 19 January 2015 8:26 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GameUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive Supplementcenter_img Tags: NULL More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Share Express KCS WANDISCO, the Sheffield-based firm that specialises in big data products for companies, yesterday said its fourth quarter sales bookings rose eight per cent to $4.7m (£3.09m), boosted by growth in its big data business.Despite total bookings for the year rising 18 per cent to $17.4m, shares of loss-making WANdisco slumped 5.13 per cent to 462.5p after the trading update yesterday.“Our fourth quarter sales mark an increase in momentum in our big data business, as successful production trials have led into some significant contract wins in a short period of time,” said chief executive David Richards. “Alongside our new customer wins, our first contract expansion by an existing customer was particularly encouraging.”WANdisco counted five new customers in the fourth quarter, including Zurich Insurance and Elektrobit Automotive, which drove growth as well as existing customers like British Gas, which is currently entering into a new subscription valued at $750,000.“We believe that many of our new Big Data customers will go on to expand significantly their WANdisco solutions as they take more and more data into their mission-critical applications,” said Richards. In its interim results in September WANdisco posted losses of $18.5m. Shares in the group have fallen 57 per cent in the past year. last_img

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