WANdisco announced a $213,000 contract win with a leading personal computer vendor on Thursday.
The software company commented that its LiveData Migrator solution would help its new customer to migrate a subset of data sourced from its existing Hadoop environment to cloud-native systems which can be run within the public cloud.
The group said that its current opportunity is to migrate 1.35 petabytes of data, with the figure set to grow over time with normal production usage, which means that there is reportedly potential for revenues to grow higher as more data is migrated.
According to WANdisco, the new customer selected its technology due to its capability to keep the data up-to-date without the requirement to manually refresh the new environment, which gave it the edge over its competition.
The group highlighted that its real-time updating gave it the advantage of less business disruption, alongside data consistency and security over the process.
“There is a clear business need for companies across sectors to move increasing amounts of data to cloud native systems,” said WANdisco CEO David Richards.
“Our LDM solution supports complete and continuous replication of data sets at any scale, ensuring these critical migrations can take place quickly with zero business disruption.”
“This capability makes WANdisco well placed to continue converting on a strong pipeline of cloud migration opportunities.”
The news follows the company’s $720,000 commit-to-consumer contract with a top-ten global retailer to use its LiveData migrator solution to create a focused work environment tailored for machine learning and other analytical tasks.
“We are delighted to announce another deal with one of our key retail customers, representing yet another proof point of the strong demand we are seeing from organisations across various sectors to migrate data to the cloud,” said Richards in a corporate statement released yesterday.
WANdisco shares fell 1.1% to 299.5p in late afternoon trading despite the positive update.
