WANdisco (WAND)

Sector:

IT Services

Index:

FTSE AIM All-Share

485.00p
   
  • Change Today:
      13.50p
  • 52 Week High: 781.00
  • 52 Week Low: 338.00
  • Currency: UK Pounds
  • Shares Issued: 48.24m
  • Volume: 19,190
  • Market Cap: £233.97m

WANdisco partners with analytics firm Databricks

By Josh White

Date: Tuesday 16 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Live data provider WANdisco announced a partnership with unified analytics firm Databricks on Tuesday, in a bid to "accelerate and dramatically simplify" the migration of on-premises Hadoop analytics workloads to Azure Databricks.
The AIM-traded firm said its 'LiveMigrator' product enabled 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.

It said the joint solution would use LiveMigrator to provide reliable and continuous data migration from Hadoop to Azure Databricks' Delta Lake, which it described as a storage layer that ensured reliability for machine learning and data analytics.

Azure Databricks is an Apache Spark-based engineering and machine learning platform that Microsoft offered as an integrated first-party service.

Databricks was 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, the company said.

"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," said WANdisco chairman and chief executive officer David Richards.

"With this partnership, enterprises have a powerful option to quickly and painlessly move their organisation to the cloud and take advantage of increased productivity, security and insightful data analytics available to employees anywhere at any time."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

WANdisco Market Data

Currency UK Pounds
Share Price 485.00p
Change Today 13.50p
% Change 2.86 %
52 Week High 781.00
52 Week Low 338.00
Volume 19,190
Shares Issued 48.24m
Market Cap £233.97m

WANdisco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.19% below the market average34.19% below the market average34.19% below the market average34.19% below the market average34.19% below the market average
51.58% below the sector average51.58% below the sector average51.58% below the sector average51.58% below the sector average51.58% below the sector average
Price Trend
61.55% below the market average61.55% below the market average61.55% below the market average61.55% below the market average61.55% below the market average
55.77% below the sector average55.77% below the sector average55.77% below the sector average55.77% below the sector average55.77% below the sector average
Income Not Available
Growth
1.88% above the market average1.88% above the market average1.88% above the market average1.88% above the market average1.88% above the market average
5.15% below the sector average5.15% below the sector average5.15% below the sector average5.15% below the sector average5.15% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WANdisco Dividends

No dividends found

Trades for 17-Jan-2020

Time Volume / Share Price
14:02 82 @ 482.20p
13:30 1,129 @ 485.00p
13:28 150 @ 485.00p
13:24 180 @ 485.00p
13:22 127 @ 485.15p

WANdisco Key Personnel

CFO Erik Edwin Miller

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