Update: Big data expansion, stall in ALM
WANdisco’s eight big data customer wins in Q2 indicate that Fusion is broadening the appeal of its offering and facilitating customer deployment. ALM bookings stalled abruptly, although the company has seen a more recent recovery in new customer wins and with the sales force restructuring now complete, management expects a substantial recovery in H2. We reduce our FY15 bookings and revenues by 19% and 16% respectively to reflect the disruption to ALM in H1.Wandisco Plc is engaged in the development and provision of global collaboration software.
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