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Birmingham Post
Birmingham Post
Technology
Tom Keighley

WANDisco sees huge bookings growth and closes $25m deal with global customer

Data management software operator WANDisco has generated a significant rise in bookings to $34m (£30m) in the last quarter.

The move is a 2,382% year-on-year increase - a record quarterly performance driven by multiple multimillion-dollar contract wins. Investors were told the Yorkshire firm, which also has operations in California, had closed a $25m (£22.5m) agreement with a "top ten global communications customers".

The follow-on deal is the fourth with the same customer and will help it manage smart meter data and Internet of Things (IoT) data needs in the automotive sector. Another follow-on agreement worth $7.1m (£6.4m) with a European automotive components supplier was also secured.

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