Tech provider scoops £1.1m data migration contract

Sheffield technology company WANdisco has secured a $1.5m/£1.1m deal with an unnamed global telecoms company.

The customer is one of the largest global service suppliers of Internet of Things (IoT) applications.

It currently collects data from smart meters and loads that data to an on-premise system but will move to a cloud-based system.

The initial deal will see eight petabytes of data – a petabyte being one million gigabytes – migrated. There is also the potential to extend this use case across architectures and geographies.

WANdisco’s revenues from this customer will grow beyond the initial $1.5m as the customer migrates an increasing amount of data.

David Richards, chief executive of WANdisco, said: “The IoT use case of edge platforms to the cloud is something we expect to grow over time, with the challenge of moving edge data to the cloud becoming an increasingly significant impediment to our customers’ success.

“We look forward to expanding our engagement with this major telco, whilst helping them realise the full capabilities of the cloud.”