Cirata (CRTA)

Sector:

IT Services

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

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 62.00p
Change Today 1.50p
% Change 2.48 %
52 Week High 1,310.00p
52 Week Low 38.00p
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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