WANdisco (WAND); secures $3m cloud contract with major US health insurer

Published on 13-12-2018 07:55:07
Author Sparks Team

WANdisco announced that it has secured a cloud contract, valued at $3m, with a major US health insurer. The client will deploy the company’s patented Big Data and Cloud product—WANdisco Fusion—for on-premise and hybrid cloud use.

The client is one of the largest health insurers in the US, and has large data requirements across 22,000 employees and 15m members. This presents a significant opportunity for the company to grow the subscription over time. The company leveraged its co-sell relationship with Microsoft to win the new business.

David Richards, CEO and Chairman of WANdisco, commented: “I am delighted to announce our largest ever cloud deal. This reflects our continued focus upon predictable recurring revenues. The $3 million contract initially spans three years, but there is significant potential to expand this further to meet their developing data requirements.”

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