bullish

WANdisco plc

WANdisco - New use case in manufacturing opening up?

233 Views24 Jan 2023 21:04
Issuer-paid
SUMMARY

WANdisco’s deal flow momentum continues, with a $9m contract with a European consumer goods and manufacturing company. This win is notable in that it is the company’s first deployment for migrating a manufacturing company’s process data to the cloud. The manufacturing sector is increasingly producing large sets of data and has therefore been identified as a strategic target market for WANdisco. The deal provides early support to our recently upgraded 2023 estimates.

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