Software firm secures its biggest ever cloud deal with major US health insurer
WANdisco, a LiveData company, has secured its largest ever cloud contract with a major US health insurer.
The agreement is valued at approximately $3m and will see the insurer deploy the company’s patented big data and cloud product, WANdisco Fusion, on a volume limited, perpetual license.
The contract initially spans a three-year subscription period valued at $3m. The client, said to be one of the largest health insurers in the US, has substantial data requirements across their 22,000 employees and 15 million members representing a significant opportunity to grow the subscription over time.
David Richards, chief executive officer and chairman of WANdisco, said: “I am delighted to announce our largest ever cloud deal. This reflects our continued focus upon predictable recurring revenues.
“The $3m contract initially spans three years, but there is significant potential to expand this further to meet their developing data requirements.
“The customer has vast data streams which need to be consistently and continuously available during migration to cloud, hybrid cloud and multi-cloud. WANdisco Fusion remains the only technology capable of fulfilling this.
“This is an excellent demonstration of how we continue to enable the migration of critical live data at scale for Microsoft Azure, and other cloud leaders.”
Both hybrid-cloud and cloud migration are LiveData use cases where, in order to take advantage of the significant benefits of cloud, customers must be able to move data without interruption to business operations.
WANdisco Fusion is the only solution that can enable organisations to seamlessly move large volumes of data with consistent and continuous availability whilst meeting regulatory requirements.
WANdisco’s patented technology ensures our customers are able to leverage the impact of their IT investment to support exponential data growth without growing the IT budget.
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