Cirata (CRTA)

Sector:

IT Services

62.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 1,310.00
  • 52 Week Low: 38.00
  • Currency: UK Pounds
  • Shares Issued: 114.96m
  • Volume: 224,663
  • Market Cap: £71.28m

WANdisco wins contract with 'major' US airline

By Josh White

Date: Friday 05 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Live data company WANdisco has won a contract with an unnamed, major United States airline to migrate analytical data to the Microsoft Azure cloud.
The AIM-traded firm said the airline was deploying its 'LiveData Migrator' to migrate business-critical analytical data from on-premise to the cloud.

It said such contracts typified the business opportunity presented by the Microsoft Azure LiveData platform, in which customers across sectors with large business-critical data sets could now seemingly migrate to the cloud.

"The world's largest businesses have constant and growing requirements for analytical data that are essential to the running of operations," said chairman and chief executive officer David Richards.

"With the backdrop of Covid-19, businesses are not able to scale up or down the fixed costs of running on premise facilities in line with economic activity."

Richards said cloud computing was the answer to the problem, adding that the Microsoft Azure LiveData Platform was an enabler for such migration.

"This global airline typifies our blue-chip client base that have exponentially expanding data requirements but have been stuck with non-scalable on-premise capabilities until now."

At 1505 BST, shares in WANdisco were up 0.77% at 786p.

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Cirata Market Data

Currency UK Pounds
Share Price 62.00p
Change Today 1.50p
% Change 2.48 %
52 Week High 1,310.00
52 Week Low 38.00
Volume 224,663
Shares Issued 114.96m
Market Cap £71.28m

Cirata Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.54% below the market average32.54% below the market average32.54% below the market average32.54% below the market average32.54% below the market average
48.15% below the sector average48.15% below the sector average48.15% below the sector average48.15% below the sector average48.15% below the sector average
Price Trend
52.14% below the market average52.14% below the market average52.14% below the market average52.14% below the market average52.14% below the market average
58.24% below the sector average58.24% below the sector average58.24% below the sector average58.24% below the sector average58.24% below the sector average
Income Not Available
Growth
56.21% below the market average56.21% below the market average56.21% below the market average56.21% below the market average56.21% 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 15-May-2024

Time Volume / Share Price
16:35 6,006 @ 62.00p
16:35 2 @ 62.00p
16:35 30 @ 62.00p
16:35 2,928 @ 62.00p
16:35 159 @ 62.00p

Cirata Key Personnel

CEO Stephen Kelly
CFO Ijoma Maluza

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