Share Name Share Symbol Market Type Share ISIN Share Description
Wandisco Plc LSE:WAND London Ordinary Share JE00B6Y3DV84 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +5.00p +1.27% 400.00p 394.00p 409.00p 409.00p 394.00p 400.00p 15,807 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 13.3 -15.2 -35.3 - 180

WANdisco Plc WANdisco partners with Databricks

16/07/2019 7:00am

UK Regulatory (RNS & others)


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RNS Number : 6021F

WANdisco Plc

16 July 2019

16 July 2019

WANdisco plc

("WANdisco" or the "Company")

WANdisco partners with Databricks

Joint solution provides rapid data migration to Azure Databricks at scale

WANdisco (LSE: WAND), the live data company, has today announced a partnership with Databricks the leader in unified analytics and founded by the original creators of Apache Spark(TM) , to accelerate and dramatically simplify the migration of on-premises Hadoop analytics workloads to Azure Databricks.

WANdisco's LiveMigrator enables petabytes of unstructured data to be migrated to the cloud with no downtime and a single scan of the data, compared to the inefficiency of multiple recursive scans. The joint solution will use LiveMigrator to provide reliable and continuous data migration from Hadoop to Azure Databricks' Delta Lake - a storage layer that ensures reliability for machine learning and data analytics.

Azure Databricks is an Apache Spark based engineering and machine learning platform that Microsoft offers as an integrated first-party service. Databricks is integrated with Azure to provide one-click setup, streamlined workflows, and an interactive workspace that enables collaboration between data scientists, data engineers, and business analysts.

To undergo digital transformation, many organizations migrate to Azure to take advantage of its modern data and AI services. Bringing the WANdisco Fusion Platform capabilities with its patented and secure consensus technology, bi-directional selective replication system, and ultra-fast non-blocking scanner together with Azure Databricks makes it seamless and efficient to migrate on-premises Hadoop analytics workloads.

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

"By combining WANdisco's LiveMigrator with Delta Lake, enterprises get the best of both worlds - seamless and secure migration of petabyte-sized data to the cloud and the power of strong, cloud-based analytics. With this partnership, enterprises have a powerful option to quickly and painlessly move their organization to the cloud and take advantage of increased productivity, security and insightful data analytics available to employees anywhere at any time."

Michael Hoff, senior vice president of Business Development at Databricks, said:

"As organizations modernize their IT infrastructure to support AI initiatives, transitioning to the cloud for agility and efficiency is a key component. Rightfully so, organizations want to migrate from legacy on-premises infrastructure to reliable data lakes at scale, which is not only made possible but simplified with WANdisco and Azure Databricks."

For further information, please contact:

 
 WANdisco plc                               via FTI Consulting 
 David Richards, Chief Executive Officer 
  and Chairman 
 Erik Miller, Chief Financial Officer 
 
                                            +44 (0)20 3727 
 FTI Consulting                              1137 
 Matt Dixon / Harry Staight / Chris Birt 
  / Kwaku Aning 
                                            +44 (0)20 7710 
 Stifel (Nomad and Joint Broker)             7600 
 Fred Walsh / Neil Shah / Alex Price 
  / Rajpal Padam 
 
                                            +44 (0)20 7418 
 Peel Hunt (Joint Broker)                    8900 
 Edward Knight / Nick Prowting 
 
                                            +44 (0)20 7220 
 WH Ireland Limited (Joint Broker)           1666 
 Adam Pollock 
 

About WANdisco

WANdisco is the LiveData company that empowers enterprises to revolutionize their IT infrastructure with its groundbreaking distributed coordination engine (DConE) in the WANdisco Fusion platform, enabling companies to generate hyperscale economics with the same IT budget - across multiple development environments, data centers, and cloud providers. WANdisco Fusion powers hundreds of the Global 2000, including Cisco Systems, Allianz, AMD, Juniper, Morgan Stanley and more. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Oracle, Alibaba and other industry titans - WANdisco is igniting a LiveData movement worldwide.

For more information on WANdisco, visit http://www.wandisco.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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