Wandisco’s New Data Migration Product Set To Broaden Its Market

Wandisco’s New Data Migration Product Set To Broaden Its Market

Wandisco Plc (LON:WAND)’s LiveMigrator ensures consistency through the data migration process, helping enterprises accelerate their transition from on-premise storage to the cloud. At this stage, it is difficult to assess the likely commercial impact, but with this release WANdisco now provides support across the three stages of the customer journey to the cloud.

EBITDA, PBT and EPS

EBITDA, PBT and EPS

WANdisco announced the launch of its LiveMigrator product this morning. This solution is designed to help enterprises migrate large (petabyte scale) datasets from on-premise storage into the cloud. WANdisco’s unique replication technology allows these datasets to remain consistent throughout this process, eliminating application downtime, greatly accelerating the migration and reducing disruption.

WANdisco’s solutions are already incorporated in Amazon (NASDAQ:AMZN) AWS and Microsoft (NASDAQ:MSFT) Azure migration products (Snowball and Databox respectively). This product focuses on the broader market and aims to support enterprises as they migrate from on-premise to cloud storage. At this stage, it is too early to assess LiveMigrator’s potential commercial impact but the company believes it will broaden its addressable market. WANdisco sees migration as the first step in a three-stage customer journey to cloud storage that also includes hybrid and multi-cloud solutions. We will be examining the opportunities created by this journey for WANdisco in more detail in a forthcoming note.

Software & Comp Services

Software & Comp Services

Share Price Performance

Share Price Performance

Business description

WANdisco’s proprietary replication technology enables its customers to solve critical data management challenges created by the shift to cloud computing. It has established partner relationships with leading players in the cloud ecosystem including Amazon and Microsoft.

Wandisco’s New Data Migration Product Set To Broaden Its Market

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