REG - Cirata PLC - New logo in Telecom sector

CirataAnnouncement

27/02/2025 07:00

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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.
(https://cirata.com/news/article/cirata-launches-data-migration-service-dmaas-simplify-large-scale-hadoop-cloud-migrations)

 

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 (http://www.cirata.com)

 

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