Master Investor Magazine
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AIM-listed live data firm WANDisco (LON:WAND) has seen its share price drop by 1.6% to 400p (as of 14:10 GMT) after demonstrating its product’s integration into Microsoft Azure. WANDisco’s service will become deeply embedded with the platform which will guarantee developers data access at scale. Management said that the partnership will become revenue generating during 2020.
Chairman and CEO David Richards said: “When first announced in July, I called this co-development deal ‘one of the most important and exciting developments in our journey to date’ – this remains true today.
“Close cooperation with Microsoft has been pivotal to bring these advanced capabilities to customers as quickly as possible. This partnership will embed WANdisco Fusion into native Azure for the first time, forming part of the infrastructure of the Azure cloud.
“WANdisco and Microsoft are delivering data replication with a policy driven approach, with the ability to manage cloud infrastructure as easily as if it was code, signalling a new era of ‘data availability as a service.’“