Strategic progress hailed in data software sector

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Live data business WANdisco hailed a strong pipeline of opportunities by releasing its preliminary unaudited results for the year ended December 31, 2021.

The Sheffield-based company had revenue for the year of $7.3m/£6m (2020: $10.5m/£8.7m) and reported a loss before taxes of $38.8m / £32.3m (2020: $35.8m / £29.8m loss).

Among the company’s highlights during the year was the largest ever multi-year contract win with a major global automotive supplier.

WANdisco said he saw mI

WANdisco says the macroeconomic uncertainty inflicted by the pandemic appears to be fading in the geographies in which it operates.

The company notes that it has suffered minimal effects on its customer base and order flow from Covid-19, and is well positioned to operate should pandemic-related restrictions return.

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