Report

$2m deal with major US retailer

WANdisco has announced a new contract valued at c $2m with a major US multinational retailer. The company’s last three announced big data deals span automotive manufacture, financial services and now retail, highlighting the broad applicability of the company’s technology. With $6.1m of big data deals announced thus far this year, we believe there is a strong prospect of upgrades but leave our estimates unchanged for now pending a fuller trading update.
Underlying
WANdisco

Wandisco Plc is engaged in the development and provision of global collaboration software.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Dan Ridsdale

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