Sheffield big data specialist WANdisco has announced a contract with “the leading information and communications technology provider in China” for its Source Code Management product.
The contract is valued at $1 million and was secured directly by WANdisco, although the company is refusing to give the name of the Chinese firm.
“The contract represents an expansion of an existing relationship with a key client, and a proportion of the revenue will be recurring in nature,” WANdisco said.
Chief Executive Officer and Chairman David Richards added: ”The Chinese market represents a significant untapped opportunity for us, in particular through our recently launched product with Alibaba and the enablement of resellers.
“Our ability to retain and expand key customer relationships illustrates the strength and mission criticality of our products as our market opportunity in China continues to expand.”
