Cirata (CRTA)

Sector:

IT Services

 64.05p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,310.00
  • 52 Week Low: 38.00
  • Currency: UK Pounds
  • Shares Issued: 114.96m
  • Volume: 0
  • Market Cap: £73.63m

WANdisco completes 'significant' data migration for 'major' client

By Iain Gilbert

Date: Wednesday 09 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Live data company WANdisco said on Wednesday that it had completed a significant data migration to Microsoft's Azure cloud for "a major client".
WANdisco said the migration, transacted through Microsoft on a consumption basis, demonstrated its continued momentum with LiveData Migrator, which was also embedded within the Azure ecosystem.

The AIM-listed group said its unnamed client, which owns and operates Canada's largest railway, plans to engage it to mutually evaluate future use cases for LiveData Migrator.

While WANdisco stated the scope of the current opportunity was 70 terabytes of data, it added there was potential for a "significant amount of additional revenue", with the potential to move another 30 petabytes of data to the cloud per year.

Chief executive David Richards said: "Increasingly, we are seeing businesses looking to take advantage of the advanced analytics capabilities available in the cloud, and WANdisco is the primary provider to help make this a reality.

"This is another exciting proof point for our solution, and we see significant upside potential in this client relationship in the coming years."

As of 0915 GMT, WANdisco shares were up 1.96% at 312.0p.

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Cirata Market Data

Currency UK Pounds
Share Price 64.05p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,310.00
52 Week Low 38.00
Volume 0
Shares Issued 114.96m
Market Cap £73.63m

Cirata Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.52% below the market average34.52% below the market average34.52% below the market average34.52% below the market average34.52% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
68.41% below the market average68.41% below the market average68.41% below the market average68.41% below the market average68.41% below the market average
75.82% below the sector average75.82% below the sector average75.82% below the sector average75.82% below the sector average75.82% below the sector average
Income Not Available
Growth
55.68% below the market average55.68% below the market average55.68% below the market average55.68% below the market average55.68% below the market average
67.06% below the sector average67.06% below the sector average67.06% below the sector average67.06% below the sector average67.06% below the sector average

Cirata Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Cirata Key Personnel

CEO Stephen Kelly
CFO Ijoma Maluza

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