WANdisco (WAND)

Sector:

IT Services

Index:

FTSE AIM 100

540.00p
   
  • Change Today:
    -20.00p
  • 52 Week High: 781.00p
  • 52 Week Low: 340.00p
  • Currency: UK Pounds
  • Shares Issued: 45.12m
  • Volume: 9,689
  • Market Cap: £243.67m

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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 540.00p
Change Today -20.00p
% Change -3.57 %
52 Week High 781.00p
52 Week Low 340.00p
Volume 9,689
Shares Issued 45.12m
Market Cap £243.67m

WANdisco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.79% below the market average33.79% below the market average33.79% below the market average33.79% below the market average33.79% below the market average
46% below the sector average46% below the sector average46% below the sector average46% below the sector average46% below the sector average
Price Trend
60.02% below the market average60.02% below the market average60.02% below the market average60.02% below the market average60.02% below the market average
44.95% below the sector average44.95% below the sector average44.95% below the sector average44.95% below the sector average44.95% below the sector average
Income Not Available
Growth
2.58% above the market average2.58% above the market average2.58% above the market average2.58% above the market average2.58% above the market average
5.77% below the sector average5.77% below the sector average5.77% below the sector average5.77% below the sector average5.77% 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 16-Sep-2019

Time Volume / Share Price
15:41 68 @ 540.00p
15:41 188 @ 540.00p
15:40 4 @ 546.00p
15:40 650 @ 546.00p
15:40 140 @ 548.00p

WANdisco Key Personnel

CFO Erik Edwin Miller

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