New logo in Telecom sector

Cirata

27/02/2025 07:00

RNS Number : 5931Y

Cirata PLC

27 February 2025

 

27 February 2025

 

Cirata plc

("Cirata" or the "Company")

New logo in Telecom sector

First contract through partner DataBricks

 First LDM DMaaS implementation

           

Cirata is pleased to announce completion of its first Live Data Migrator implementation under the 'data migration as a service' ("DMaaS") solution offering. This is a contract win with a new Telecommunications customer in the UAE. This will also be the first project win with Cirata's partner Databricks to enable Hadoop Distributed File System data migration to the cloud. The total contract sum will be $50,000.

 

DMaaS is part of Cirata's market offering to accelerate the onboarding of 'new logos', proving Cirata LDM at small scale. DMaaS projects are expected to be in the range of $50,000-$100,000. This will be an important additional leg to the Company's GTM 'land and expand' strategy. Further details of the Cirata DMaaS offering can be found here.

 

This announcement contains inside information under the UK Market Abuse Regulation. The person responsible for arranging the release of this announcement on behalf of Cirata plc is Larry Webster, Company Secretary.

 

 

 

For further information, please contact: 

 

Cirata
Via FTI Consulting
Stephen Kelly, Chief Executive Officer
Ricardo Mousa, Chief Financial Officer
Daniel Hayes, Investor Relations
FTI Consulting
+44 (0)20 3727 1137
Matt Dixon /Kwaku Aning / Usama Ali
Stifel(Nomad and Joint Broker)
+44 (0)20 7710 7600
Fred Walsh / Ben Good / Sarah Wong
Panmure Liberum(Joint Broker)
+44 (0)20 3100 2000
Max Jones / John More


 

 

About Cirata

 

Cirata, accelerates data-driven revenue growth by automating data transfer and integration to modern cloud analytics and AI platforms without downtime or disruption. With Cirata, data leaders can leverage the power of AI and analytics across their entire enterprise data estate to freely choose analytics technologies, avoid vendor, platform, or cloud lock-in while making AI and analytics faster, cheaper, and more flexible. Cirata's portfolio of products and technology solutions make strategic adoption of modern data analytics efficient and automated. For more information about Cirata, visit www.cirata.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
UPDBLGDDISDDGUL