WANdisco Appoints Master Distributor for Africa

RNS Number : 0861U

WANdisco Plc

20 November 2019

 

20 November 2019

WANdisco plc

("WANdisco" or the "Company")

WANdisco Appoints Master Distributor for Africa

Contract leverages WANdisco's close relationships with cloud partners

WANdisco (LSE: WAND), the live data company for machine learning and AI, has secured a contract with Micro-D, one of Africa's most established IT companies. The distributor agreement will initially see the Company's patented Fusion platform deployed across key enterprises in the region.

Through its network of resellers and partners, Micro-D will deploy WANdisco's suite of products to enable cloud migration and continuous data availability and consistency for customers. The contract is valued at $3m over 3 years with potential to expand as Micro-D leverages its network of resellers across Africa taking advantage of high-growth use-cases including machine learning and AI. The contract leverages the Company's close relationships with cloud vendors.

This contract also marks a significant entry for WANdisco into the high growth African market, with Fusion to be implemented across major enterprises in Africa. Data growth has become a CIO priority and the recently opened Azure availability zone in South Africa illustrates the strategic importance of the African region for Microsoft and the planned AWS region in South Africa in 2020 reaffirms the demand for cloud services in the region.

WANdisco Fusion is the only solution that can enable organisations to seamlessly move large volumes of data with consistent and continuous availability whilst meeting regulatory requirements. WANdisco's patented technology ensures our customers are able to leverage the impact of their IT investment to support exponential data growth without growing the IT budget.

Mike Perry, Managing Director of Micro-D commented:

"We are delighted to be appointed as WANdisco's Master Distributor for Africa. Our customers and partners have been demanding a clear and transparent cloud migration strategy. We have extensively reviewed leading cloud migration vendors and are extremely impressed with the WANdisco suite of products. We are further encouraged by WANdisco's collaborative approach to the African marketplace and their commitment to assisting customers to achieve desired results. We look forward to jointly developing sales and support networks for the full suite of cloud migration tools."

David Richards, Chief Executive Officer and Chairman of WANdisco, commented:

"We are hugely excited by this new relationship with Micro-D and working with them to bring WANdisco products to their customers and partners. The need for data consistency and data availability is a global trend driven by the need for enterprises to leverage their key asset, data, through machine learning and AI.

Africa is clearly a growth region and I see further potential in leveraging our embedded Azure offering which we continue to expect will be available and revenue generating in early 2020, if not even earlier in this current 2019 year."

Micro-D Ltd was founded in 1994 and has grown into a trusted provider of tier-one brands including Dell, HP and Lenovo. Their focus is providing value-added solutions and service excellence to customers and partners.

For further information, please contact:

WANdisco plc	via FTI Consulting
David Richards, Chief Executive Officer and Chairman
Erik Miller, Chief Financial Officer
FTI Consulting	[phone]
Matt Dixon / Harry Staight / Chris Birt / Kwaku Aning
Stifel (Nomad and Joint Broker)	[phone]
Fred Walsh / Neil Shah
Peel Hunt (Joint Broker)	[phone]
Edward Knight / Nick Prowting
WH Ireland Limited (Joint Broker)	[phone]
Adam Pollock

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by David Richards, CEO and Chairman.

About WANdisco

WANdisco is the LiveData company for machine learning and AI. WANdisco solutions enable enterprises to create an environment where data is always available, accurate and protected, creating a strong backbone for their IT infrastructure and a bedrock for running consistent, accurate machine learning applications. With zero downtime and zero data loss, WANdisco Fusion keeps geographically dispersed data at any scale consistent between on-premises and cloud environments allowing businesses to operate seamlessly in a hybrid or multi-cloud environment. WANdisco has over a hundred customers and significant go-to-market partnerships with Microsoft Azure, Amazon Web Services, Google Cloud, Oracle, and others as well as OEM relationships with IBM and Alibaba. For more information on WANdisco, visit www.wandisco.com.

 

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